Our three pillars

Material issues drive our sustainability strategy

Our sustainability strategy is driven by our material issues, which we review regularly. These material issues are reviewed against global ESG trends, our external stakeholders’ priorities and the broader economic and social context. 

In 2022, an independent review of Goodman’s ESG drivers was completed. Two were added to our 2019 list, giving us a total of eight material drivers:

1. Actively contributing to the Net Zero transition 
2. Owning strategically located properties close to consumers in key global markets
3. Developing and adapting innovative, efficient, and flexible properties with a future focus
4. Demonstrating Goodman’s values and promoting diversity, inclusiveness, and social equity
5. Investing responsibly with defined governance and sustainable capital structures
6. Promoting workplace safety and wellbeing for all
7. Delivering resilient assets that support human health and value natural capital
8. Influencing the sustainability practices of our value chain.

We support sustainable development globally

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Our response to climate risk

Sustainable design

Sustainable design in action

Global supply chain ethics

Our supply chain consists of more 8,000 suppliers. Goodman supports the protection of human rights, and equity and fairness within our supply chains. We recognise that modern slavery is a global risk and that managing this risk is an ongoing responsibility for us.

View our Modern Slavery Statement, 2022 to see how we manage these risks.

ESG benchmarks

We participate in ESG benchmarking programs around the world to measure and communicate Goodman’s performance to our stakeholders. These programs also show us ways we can improve.

Global Real Estate Sustainability Benchmark (GRESB)

Over the ten years that Goodman has participated in GRESB, we have improved our scores consistently and increased our number of participating entities globally. This year, 10 of our Partnerships made submissions. 

2022 highlights:

• Goodman Group maintained its ‘A’ rating for its public ESG disclosure
• The Goodman Japan Core Partnership was ranked #1 in its peer group in the GRESB Standing Investments benchmark
• The Goodman European Partnership, Goodman UK Partnership, and the Goodman Brazil Logistics Partnership were ranked #1 in their respective peer groups in the GRESB Development benchmark. 
• The Goodman Japan Core Partnership, Goodman Hong Kong Logistics Partnership, Goodman European Partnership, and the Goodman UK Partnership all achieved the maximum 5 Stars for ESG performance
• The Goodman Australia Partnership received Regional Sector Leader status (Oceania, Diversified - Office/Industrial). 

Sustainalytics risk rating   

MSCI ESG Index