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Home About UsEnvironmental, Social & Governance Policy

Environmental, Social & Governance Policy

  • Environmental, Social & Governance Policy

  • Education

  • Cultural Exchange

  • Sustainability Development

Introduction

Sustainability is at the heart of delivering GLP’s business objectives and its continued ability to provide enhanced economic, environmental and social value to shareholders, clients, staff, suppliers and the communities in which GLP operates, both now and into the future. In FY16, GLP continued to further evolve the sustainability platform. GLP is uniquely positioned to construct high-quality buildings that maximize supply chain efficiency and help meet the needs of domestic consumption-led growth in its core markets in a more sustainable way.

GLP’s ESG Policy Statement is a reflection of GLP’s overarching commitment to integrating sustainability into every aspect of its business. It is underpinned by GLP’s core values and stated mission to “shape the development of the logistics industry by harnessing the power of our platform and team to drive value for our customers and making a difference in the broader community.”

The policy will provide a clear leadership position on ESG related issues, initiate consensus across GLP’s business and create a common understanding of GLP’s ESG principles.

glp-so.jpg                

ESG Policy Scope

GLP’s ESG policy applies to all its facilities globally. The objective is to create a more resilient portfolio overall by ensuring that all of GLP’s new buildings comply with its ESG requirements, while adopting a continual improvement strategy to its existing assets.

Our ESG Principles

GLP believes that an integrated ESG approach will deliver the best results for GLP and its shareholders. This will be implemented through the following principles:

1)Upholding ethics and corporate integrity as the cornerstones of how we do business at all levels of our company                    
GLP maintains a zero corruption policy across all its operations and takes an active role to instil a culture of business integrity and ethical values. Strict written policies detailing the Code of Business Conduct and Ethics underpin this commitment, with all employees required to comply on an annual basis.
2)Embedding material ESG risks and opportunities into decision-making                    
GLP is firmly committed to managing its activities throughout the Group to provide the highest level of protection to the environment and to safeguard the health and safety of its employees, customers and communities. GLP is committed to ensuring that material ESG risks and opportunities are built into investment research and screening, selection of investments and portfolio management.
3) Engaging proactively with stakeholders                    
Proactive stakeholder engagement allows GLP to understand and respond to local and emerging risks and opportunities in the communities in which it operates. GLP believes that this is key to being a dynamic business and is central to developing long-term value creation.
4)Attracting and retaining talented, motivated employees                    
GLP’s commitment to continuous improvement in its people and projects will see ESG being embedded into its talent management programs. GLP creates comprehensive training initiatives and a positive work environment that supports individual growth and development and promotes a healthy, safe and balanced lifestyle. As part of its cultural values, GLP seeks to identify talents both internally and externally and to build its talent pipeline for succession planning.
5) Maximizing supply chain efficiency                    
GLP is committed to driving cost- and resource-based efficiency within its supply chain. Regional and national relationships will be established where possible, and GLP will work closely with its preferred suppliers to support the delivery of developments safely, on budget, on time and with minimal environmental impact.
6) 6. Driving performance through evidence                    
GLP recognises that building accountability and transparency relies on robust and defensible data metrics. GLP commits to putting in place the necessary performance and data management systems and processes that support its ESG Policy objectives.
7) Taking the lead in building better communities                    
As part of GLP’s commitment to continuous improvement, it will contribute positively to the debate on green buildings and wider sustainable development by sharing knowledge with its peers and learning from others. GLP constantly seeks ways to innovate in order to minimize the impact its projects have on the environment and strives to make a net positive contribution in its communities.
8)Creating a culture of entrepreneurial value creation                    
GLP constantly seeks ways to innovate in order to minimize the impact its projects have on the environment and make a net positive contribution where it can.
9) Protecting and enhancing the environment across all of its operations                    
GLP is vigilant about protecting the environment across all of its operations. GLP will aim to exceed national and local environmental standards relating to its operations and protect or enhance forested areas through its tree programs.
10)Supporting livelihood opportunities in the communities GLP works in                    
Education is an area that needs urgent attention in many of GLP’s communities – and one that offers the opportunity to make a significant impact. GLP is committed to doing its part to support and promote quality education through investment into schools, training and apprenticeships.
11) Promoting energy efficiency & renewables                    
Energy efficiency is fundamental to GLP’s design and operations. GLP is committed to optimising energy use in both existing and new developments. As the continued supply of energy is an increasing concern for some of its growth markets, GLP will continue to promote the use of renewables in its local communities.
12) Building sustainably certified new developments                    
GLP is committed to building and operating high performing developments which meet or are capable of meeting recognized certification standards.

GLP commits to reviewing this Policy Statement on an annual basis as its business continues to grow.

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