Environment, Social, Governance

We are committed to sustainable and ethical practices because we believe it’s the right thing to do – not only for our investors, but for our people, partners, and our communities.

Our ESG Approach

We share a commitment to align our ESG priorities with Blackstone’s Global ESG efforts, adopting value-accretive initiatives that drive investment performance. Together, we are committed to making a positive impact on the communities in which we operate across Australia and New Zealand to help create a more sustainable future for all.

Proactively seeking energy, water and waste efficiencies across our portfolio helps reduce our environmental footprint and achieve significant cost savings, and also adds value across the life cycle of a real estate asset.

We are proud to use the Green Building Council of Australia’s Green Star, NABERS and GRESB ratings as frameworks to guide our commitment to environmental sustainability.

Environmental

We aim to reduce our environmental impact through the implementation of operational and technical improvements that reduce our assets environmental footprint and improve efficiencies across our portfolio.

Our environmental priorities:

Energy &
climate
Water
consumption
Waste
management
Supplier
engagement

Social

We understand the importance of supporting our people’s physical and mental wellbeing, engaging our customers and giving back to local communities.

Our social priorities:

Diversity
& inclusion
Wellbeing
Customer
engagement
Learning &
development
Community
engagement

Governance

Guided by our value of accountability, 151 Property is committed to ethical business practices, operational excellence and ensuring the health and safety of our team and the people that occupy our spaces.

Our governance priorities:

Compliance and
ongoing monitoring
Cyber &
data security
Risk &
safety

ESG in action

Redefining customer experience

In 2023 we celebrated the completion of the first phase of our New Zealand-based 22 Viaduct Harbour Ave redevelopment, Anchorpoint, within our Harbour Grounds portfolio. The objective – to create a space that occupiers could belong, stay connected and feel engaged.

Alongside the plaza redevelopment, we created a brand platform that would help us drive engagement with the new spaces; enter “Harbour Grounds”. The Harbour Grounds platform has enabled the team to successfully reach both our immediate occupiers and wider communities within the Wynyard Quarter and Viaduct Harbour precincts.

In 2023 alone, the Harbour Grounds team hosted over 28 events, attracting 1,790 attendees. From the vibrant Pasifika Market Day, to puppy cuddling sessions, Eco markets and Plastic Free July cleaning product workshops –there are unique experiences available for everyone to enjoy.

A renters-only community like no other

Community lies at the heart of our residential portfolio, Realm, where the on-site management teams drive a monthly community engagement program to foster connection, interaction and positive mental health amongst residents.

The teams utilise the wide array of communal spaces; rooftop BBQ areas, cinema rooms, games room and communal dining areas, to host a calendar of events & activities ranging from fitness classes, pasta making classes, art classes, book clubs, wine & cheese nights and even dog training. In this way, Realm offers a different way of renting – one that provides quality accommodation plus a community spirit that gives residents a sense of belonging.

Helping ecosystems thrive

On National Tree Day, the 151 Property team hosted a tree planting at our NSW industrial asset, 66 Christina Road, Villawood. The teams rolled up their sleeves to plant over 175 native grasses, shrubs and trees along the asset’s frontage, turning a vacant patch of site into a future green oasis that will benefit local wildlife.

Across the Tasman, our NZ team volunteered their time on Auckland’s Motuihe Island, repotting 463 native seedlings as part of the Motuihe Island Project. Since 2004, this 179ha island controlled by the Department of Conservation, has been transformed from bare farmland to a home for kiwis, tuatara, geckos and endangered native birds. Volunteers have planted over 440,000 native trees almost all grown from nursery seedlings to help future-proof this habitat.

Download our ESG Annual Report

Back to Our Story

Environment, Social, Governance

We are committed to sustainable and ethical practices because we believe it’s the right thing to do – not only for our investors, but for our people, partners, and our communities.

Our ESG Approach

Environmental

We aim to reduce our environmental impact through the implementation of operational and technical improvements that reduce our assets environmental footprint and improve efficiencies across our portfolio.

Social

We understand the importance of supporting our people’s physical and mental wellbeing, engaging our customers and giving back to local communities.

Governance

Guided by our value of accountability, 151 Property is committed to ethical business practices, operational excellence and ensuring the health and safety of our team and the people that occupy our spaces.

ESG in action

Redefining customer experience

A renters-only community like no other

Helping ecosystems thrive

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Melbourne

Auckland