Sustainability is our heartbeat

Climate change, Covid-19 and the movement for inclusivity and diversity are defining global developments which are changing the way we live and work, and elevate ESG activities and reporting to a heightened level of importance.

ESG has evolved beyond helping investors manage financial risk to doing what we can – and must – to promote a sustainable future for the generations who will follow.

It is within this context that we understand our responsibility to manage our business so stakeholders can better assess our impact, now and in the future, on the communities we serve and the natural environments we operate in.

We want our work at Hyprop to make a positive contribution to our investors and other stakeholders, as well as to our broader society. This is why sustainability is central to the environments we operate in, the people we work with and serve and, importantly, the norms, values and rules by which we operate our business.

We are integrating sustainability into our business, and initiatives include improving recycling, reducing waste, managing assets to be more energy and water efficient and reducing carbon emissions in line with national targets.

We are committed to preserving and developing our human capital resources and to managing our financial resources in a prudent and responsible manner whilst effective governance integrates integrity and performance to achieve harmony between internal and external interests, which is important to us as the owners and managers of retail centres.

Our commitment to sustainable development goals (SDGs)

In developing our sustainability strategy, Hyprop has committed to five SDGs as an overarching framework to shape, steer, communicate and report our sustainability strategies, goals, and activities, allowing us to capitalise on a range of benefits.

The SDGs we have committed to include:

SDG 6 Ensure availability and sustainable management of water and sanitation for all
SDG 7 Ensure access to affordable, reliable, sustainable and modern energy for all
SDG 8 Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
SDG 11 Make cities and human settlements inclusive, safe, resilient and sustainable
SDG 12 Ensure sustainable consumption and production patterns

This commitment provides a basis from which to advance our sustainable development through the investments we make, the solutions we develop, and the business practices we adopt.

The commitment to the goals aids us in reducing the negative impact our business might have while enhancing our positive contribution to the global sustainable development agenda.

For more on our ESG reporting and commitment to SDGs, find detailed information in our integrated annual report .