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Stock Land Essay

1141 Words5 Pages

Stock land is one of Australia’s leading diversified property groups, developing and managing a large portfolio of residential community, apartment, retirement living, retail, office and industrial assets. Their portfolio consists of many retail property, offices, industrial and residential appartments.They have provided a solid over the years and have worked on their core property strengths and refined their strategic approach after their downturn. In residential communities they have achieved record lot settlement and performed well with high occupancy with established villages and have high demand in new developments for retirement living .
Over the years their approach to sustainability has also evolved and they sought to understand and respond to interest of people, community and marketplace. They have improved their stakeholder’s engagement practices and provided initiatives in response to their environmental impacts. They continue to strengthen their environmental performance and with help with sustainability advisors and practical tools,it allows them to create and operate eco …show more content…

In another word, an entity is bound by the social contract in which the firm have to perform various socially desired actions in order for the continuous of businesses.
Given that the potential costs associated with operations deemed to be outside the terms of the ‘social contract’, Stockland will take various actions to ensure their operations are perceived to be legitimate. Therefore, organizations provide such disclosure within the annual report to legitimate the existence of the corporation.
There are sufficient information provided by Stockland company in the sustainability report, which involve with governance, supply chain, environment, people, communities and

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