ESG – Realside Ovest

We have a point of difference - we are integrated. We are there at every step of the process, we don’t cut corners, and we don’t leave at the end.

ESG & Sustainability Framework

Mission

Realside Ovest builds resilience and long-term value by leading the way in climate-resilient, high-quality sustainable real estate. We leverage and support the diversity of our employees and local communities, prioritise workplace safety, and respect our First Nations people and the natural environment.

CLIMATE

Objectives

Our business strategy and assets respond to climate risks and opportunities, strive at all levels to the climate and carbon commitments and expectations.

GHG Emissions (Scopes 1, 2 & 3)
Climate Risk (Transition and Physical Risk)

PLACES

Objectives

Develop and Manage high quality and sustainable places centred on opportunities for redefining the life of older buildings, energy security and resiliency.

Greening Buildings
Biodiversity & Habitat
Product Quality & Safety
Energy

EMPLOYEES

Objectives

Maintain a safe, diverse, inclusive and engaging workplace where every employee feels valued, supported, and empowered to reach their full potential.

Diversity, Equity and Inclusion
Employee Engagement
Health and Safety

COMMUNITY

Objectives

Make a positive contribution to the communities in which we operate by engaging in meaningful consultation and collaboration to understand and support their needs.

Community Development & Relations
First Nations

SECURITY

Objectives

Managing and maintaining systems and approaches designed to protect our data, assets, increase team and customer trust, and avoid crimes.

Cyber Security
Data Protection & Privacy

Objectives and Outcomes

Building on the focus area objectives, the below table identifies outcomes for each material issue to achieve the desired level of ambition:

Objectives

Our business strategy and assets respond to climate risks and opportunities, have a positive impact on the climate and align to customers needs and expectations.

Outcomes

OUTCOMES
GHG emissions scope 1 and 2	Science-based Scope 1 and 2 emission reduction.
GHG emissions scope 3	Science-based scope 3 emission reduction including upfront embodied carbon and downstream leased assets
Climate Risk (physical and transitional)	All assets assessed for climate risk with adaptation plans in place.

Objectives

Develop and manage high quality and sustainable places centred on opportunities for extending the life of existing buildings, energy security and respecting nature

Outcomes

OUTCOMES
Energy	Tenants and base buildings have access to affordable and resilient renewable energy
Greening Buildings	Maximise green building outcomes focussed on extending the life of assets
Biodiversity & Nature	Zero impact on high-value nature and biodiversity
Product Quality & Safety	Customers recognise and trust Realside Property and Ovest for offering high quality and safe workplaces

Objectives

Maintain a safe, diverse, inclusive and engaging workplace where every employee feels valued, supported, and empowered to reach their full potential.

Outcomes

OUTCOMES
Diversity, Equity & Inclusion	A place where people feel comfortable to be their whole-selves at work
Employee Engagement	Attract, retain and support great people
Zero injuries or lost time incidents	All assets assessed for climate risk with adaptation plans in place.

Objectives

Make a positive contribution to the communities in which we operate by engaging in meaningful consultation and collaboration to understand and support their needs.

Outcomes

OUTCOMES
Community Development & Relations	We listen, understand and invest to improve the wellbeing of the communities in which we operate
First Nations	We understand and take actions to support First Nations people and culture.

Objectives

Managing and maintaining systems and approaches designed to protect our data, assets, investors and stakeholders from cyber crime.

Outcomes

OUTCOMES
Cyber Security	Cyber security risks are continually monitored and managed
First Nations	Systems are maintained and managed to minimise risk of data and privacy breaches