The factors of ESG are not new to our business, evidenced in our market leading initiatives and focus on achieving operational efficiencies. IMPACT allows us to package these factors under one umbrella offering to ensure efficient reporting. IMPACT is also our commitment to quality, business growth and sustainability, while creating shared value for all our stakeholders.
We have developed and continue to develop capacity around IMPACT as a priority and a key driver to value creation.Policies and risk management systems incorporate ESG componentsIntegration into strategic planningEnsure strict ESG requirements are met by suppliers in all operations Liberty Two Degrees is also a member of the SA Plastics Pact which seeks to enable a circular economy for plasticsSmart water and electricity meters have been installed across the portfolioReverse vending machines were installed at Sandton City, offering customers an opportunity to recycle waste and earn money while making recycling a part of their daily routine.
At Sandton City, we have commissioned condensation harvesting systems from the centre’s air-conditioning system. The water that is retrieved is integrated into the centre’s car wash facilities, where it is used to provide a service to customers and creates job opportunities, but at a lower cost to the environment.South Africa faces the reality that the national power utility is currently unable to supply electricity consistently and without interruption.
Sandton City Precinct and Eastgate Shopping Centre have been SHORE certified and internationally recognised as safe retail destinations by the certification body SAFE Asset Group. Both super-regional centres have been awarded Gold Level Excellence for their ability to prevent, adapt, respond to, recover and learn from operational disruptions.
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