Accountability & collaboration
Our goal | Drive accountability and performance along our value chain
What does it mean?
We will be principled in our approach to urban development, and ensure our partners share our values.
Accountability mean creating a system where the players in it can trust in a level playing field and that decisions are made for the betterment and benefit of all stakeholders. Performance means seeking ever greater improvements in efficiency and outcomes.
Our value chain refers to all organisations that we deal with in its operations that we deal with in operations by championing better ways to approach business, we seek to lead the industry in trust, transparency, governance and efficiency of outcomes.
Why is it important?
Our commitment to business ethics ensures we follow a Code of Conduct and prevent corruption and fraud.
Our commitment to performance ensures we seek the best possible returns on public assets.
The Habitat III New urban Agenda has shared vision for cities and human settlements globally. That includes nations such as Australia, and those less fortunate. By embedding this shared vision for cities in the way we approach urban renewal, we can support the outcomes sought by the New Urban Agenda.
As with the Sustainable Development Goals, it will take commitment from UrbanGrowth NSW Development Corporation, our development partners, stakeholders and broader supply chains to achieve great outcomes.
Accountability and collaboration priorities have been based on research and international benchmarking, and developed in collaboration with key stakeholders.
- Adopt an independent sustainability benchmarking or reporting framework such as the Global Real Estate Sustainability Benchmarking to independently verify our sustainability performance
- Continue to report our sustainability performance in line with Global Reporting Initiative Guidelines, and transparently report our financial position annually
- Encourage our industry partners to support initiatives that reduce instances of social issues impacting the development and construction industry (i.e. suicide)
- Renew our Sustainable Supply Chain and Procurement policies, with a focus on opportunities to improve high-risk areas to the industry such as Human Rights (i.e. Supply Chain School)