Materiality and Key Risks
ISPT’s stakeholders, our investors, customers and communities, are all important in bringing our strategy to life.
So, it was from these stakeholders that we sought specific feedback through external research to identify what they regarded as the key material and emerging ESG issues of greatest importance for ISPT. Industry trends were also monitored through a desk review of peers and industry organisations, such as the Property Council of Australia and Global Real Estate Sustainability Benchmark (GRESB).
When the key ESG issues were identified, our stakeholders scored them based on their views of the level of importance and urgency. Those issues identified as highly material, by at least half of our stakeholders, drive our focus. Stakeholders also noted what they saw as emerging issues. Pleasingly, most of those emerging issues are already a focus of ISPT’s ESG initiatives.