How to use these Guidelines

Property Council | Monday, 1 June 2009 1:06 AM | One Comment

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How to use these Guidelines

1. This guide applies to all property assets, except infrastructure (eg. rail/road, energy, exclusions may occur where these projects include built environment eg. transport hubs).

2. This guide is voluntary. It is not a rating tool and the Property Council will not publicly state whether companies comply with the performance indicators or provide advice on the use of the template in individual circumstances.

3. The guide provides indicators for different spheres of company operations – it does not attempt to cover every performance criteria nominated by other international reporting standards.

4. Companies choosing to report on any of the indicators are advised to use the metrics provided.

5. When applying the metrics users need to exercise their judgement rather than rely on hard rules or ‘tick the box’ rating systems.

6. Companies are encouraged to extend their corporate responsibility reporting to include international reporting standards, using the Property Council guide as a basic starting point for this exercise.

7. This guide does not cover economic metrics covered by international financial reporting standards.

8. This guide does not identify the legal obligations and reporting responsibilities of a company, the document assumes that all companies comply with Australian law.

9. Users of this document should note:

a. the materiality of the indicators is identified at the top right hand corner of each page;
b. companies should decide which of the metrics they wish to report against – there is no expectation that all must be used;
c. additional guidance or interpretation is provided at the bottom of the page; and
d. for those who wish to apply their results to other reporting schemes, equivalent indicators are listed on the bottom left of each page.

10. Reporting organizations are encouraged to follow the GRI Profile Disclosures provided in Appendix A as structure for compiling their reports, however, other formats may be chosen.

11. Companies should consider seeking independent assurance before making statements about their performance.

12. Appendix B: Materiality Summary has been provided so that companies can quickly identify which performance indicators are relevant to their areas of operation.

 

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Property Council | Monday, 1 June 2009 1:06 AM | One Comment

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