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

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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 extending the life of assets. All new-builds to achieve 5 Star NABERs for energy
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