Friday, January 28 2011
Dalton Nicol Reid is pleased to announce two of its portfolio holdings, Lend Lease and CSL, have been featured in the Ethical Investor 10th Australian Sustainability Awards. The Dalton Nicol Reid Socially Responsible screening process identified Lend Lease and CSL as leaders among Australian listed companies based on Environmental, Social and Governance factors.
Sustainable Company of the Decade – Lend Lease Group
Lend Lease Group, a leading fully integrated property solutions provider, has been commended for its ‘green’ property credentials. Lend Lease first launched its sustainable property development plans with a key role in making the Sydney Olympics the green games and building the Olympic Village, the world’s first solar-powered community.
Among other sustainable achievements, Lend Lease completed Australia’s first CBD green building in 2004 and is managing the new Gold Coast University hospital, the largest social infrastructure project in Australia.
Sustainable Company of the Year – CSL Ltd
CSL ltd, a leader in plasma-derived therapies, was recognised for its focus on improving access to medicines in developing countries and supporting charities that advocate for the needs of people with rare and serious diseases. CSL also work with governments and health institutes on medicines that are largely overlooked by global manufacturers because they are not deemed commercially viable but CSL believe they have a moral responsibility to provide access to these medicines.
CSL were also highly praised for their focus on being environmentally aware with significant reductions in environmental intensity indicators, use of environmental clauses with supplier agreements and linking executive remuneration to environmental objectives.
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