Sustainability

Stride Sustainability Interior Design

Sustainability Strategy

Stride's sustainability strategy is focussed on creating enduring shared value. Stride has established a Board Sustainability Committee to assist the Boards in ensuring Stride’s business remains sustainable and resilient.

Sustainability Recharge Station Stride

Sustainability Goals

Protect the 
planet

Contribute to a resilient community

Develop shared prosperity

Targets

Reduce scope 1 and 2 emissions by 42% by 2030

Achieve carbon net zero for scope 1 and 2 emissions by 2030

Remove gas from all properties (excluding shopping centres) by 2027 and from shopping centres by 2032, other than gas for tenant process load

10% reduction in embodied carbon in developments from standard design for the particular type of building

Reduce waste to landfill by 10% year on year from baseline year (FY20)

Target 90% diversion of waste from landfill for development activities, with minimum 75%

GRESB

Stride completes the Global Real Estate Sustainability Benchmark (GRESB) assessment which assesses Stride’s overall sustainability performance against a peer group of companies in Australia and New Zealand. Stride’s aim is to be in the top quartile of comparator companies over time.

Greenhouse Gas Emissions

Stride has set targets to reduce scope 1 and 2 emissions by 42% by 2030. The charts below detail scope 1 and 2 emissions by entity managed by Stride, and also the aggregate scope 1 and 2 emissions. Emissions increased in FY22 due to an increase in the number of properties owned. Stride also tracks scope 3 emissions, which for Stride are primarily tenant emissions.

Scope 1 and 2 emissions

by entity by year

Tesla Supercharge Power Station Climate Friendly

Climate Risks and Opportunities

Stride has identified preliminary climate risks and opportunities to its business and strategy.

These risks and opportunities have been considered under three scenarios – an orderly transition scenario where the temperature increase is limited to 1.5C; a disorderly transition scenario where the temperature increase is limited to 2C; and a hot house world scenario where global average temperature rises to greater than 3C above pre-industrial levels.

Stride worked with the New Zealand Green Building Council to develop the sector scenario analysis for the Construction and Property sector of New Zealand, which it then used to develop entity-specific scenarios. These entity-specific scenarios have been used to test the resilience of Stride’s business model and strategy under different climate scenarios, and to identify potential risks and opportunities to Stride.

Community

Stride aims to support communities in which we operate through partnering with community groups, programmes, and services which help connect people and provide opportunities for those who are more vulnerable, currently excluded from society or disadvantaged. Stride has implemented a Community Engagement Framework which governs Stride’s community investment activities.

  • Face Painting Activites For Kids Shopping Centre
  • Fairy Elves Infront Xmas Tree Shopping Mall Community Cheer
  • Kids Play Area Kiosk At The Mall
  • Magician Animal Ballons Mall
  • Northwest Shopping Centre Bean Bags At Night
  • Xmas In The Mall
  • Toddler Plays With Toy At Mall
  • Santas Elves Make Animal Balloons Community

Consistent with Stride’s community investment strategy of providing opportunities for youth to access experiences that would not otherwise have been available to them and encourage continuing education, Stride supports the work of the Graeme Dingle Foundation through sponsorship and other community involvement. Stride is a key partner of the Graeme Dingle Foundation.

The Foundation works with New Zealand's tamariki and rangatahi at different life stages, working directly with schools and communities through its programmes, seeking to inspire all school age New Zealand children to reach their full potential through progammes that help build self-esteem, promote good values and develop valuable life, education and health skills.

Safety

Stride Safety Construction Sites

Stride continually seeks to ensure the safety of all those who work in or visit places managed by SIML.

Stride is committed to promoting a positive health & safety culture across everything we do. This is achieved through engaging with all those impacted by our operations, including employees, tenants and our supply chain as well as having robust policies and practices, and actively monitoring operations and activities across the business.

Stride’s Health and Safety Policy  defines our approach to health & safety and underpins our Health & Safety Strategy.

Health and Safety Strategic Pillars

  • People

    Our employees will be strong leaders in health & safety and will promote the wellbeing of our employees, contractors, visitors and tenants

  • Environment

    We will provide safe & healthy environments for all places that we manage

  • Resources

    We will ensure our people have the tools, skills and resources to achieve continuous improvements in health & safety

  • Communication

    We will ensure regular effective communication and consultation to ensure our employees are fully engaged in health & safety

Stride’s commitment to health and safety includes the following:

Regular training, information and support is provided to our employees

Internal and external monitoring and risk assessment of all properties is undertaken to ensure hazards are identified and risks are managed

Internal and external audits are undertaken to monitor activity and identify areas for improvement

Contractors are required to hold a recognised health & safety pre-qualification and provide safe work plans before working on our sites