Introducing the 2021 ESG report
QIC's annual ESG report outlining our environmental, social and governance approach and achievements over the 12 months to 30 June 2021 is now available to view online.
Central to the delivery of our priorities was a whole-of-business review of our ESG strategy and the establishment of a dedicated sustainability team. The updated strategy recognises QIC's achievements to date in progressing our ESG agenda and performance while refocusing and amplifying practices that will ensure we deliver long-term sustainability results and enhance the value of our assets for clients and the communities in which we operate.
The year saw QIC make significant progress on our pathway net-zero carbon emissions through the rollout of a major rooftop solar project. Robina Town Centre was among the first five centres to have the smart solar energy system installed and can now lay claim to the southern hemisphere’s largest rooftop array.
We also introduced Business for Societal Impact (B4SI) reporting so as to better understand and map our contributions to local communities, businesses and society. In 2020-21 this amounted to almost $700,000 including cash and time donations as well as in-kind and management contributions. As part of our on-the-ground response to the pandemic, QIChelped establish a number of Covid-19 testing and vaccination clinics including Australia’s first ever drive-through clinic at Woodgrove.
Michael O’Brien, QIC Managing Director, said: “Our shopping centres have played an integral role in navigating the impacts of the pandemic. Remaining open to provide access to critical goods and services - and in some cases hosting testing and vaccination clinics - our focus in 2020-21 was ensuring the safety and resilience of our retailers, commercial partners, customers and staff, and on supporting community wellbeing through the continuation of our ‘A Little Thanks’ campaign.”
The QIC team has also been busy behind the scenes developing a new flagship Community Investment Program that will deliver measurable positive impact in the realm of physical health and wellbeing – about which more details will be revealed soon.