Lendlease Annual Report 2024

24 Lendlease Annual Report 2024 Our focus areas We measure our success by the positive outcomes we generate over the long term through five focus areas. They underpin our ability to create safe, sustainable and economic outcomes for our customers, partners, securityholders and the community. While we approach these focus areas with an innovative mindset, our decisions are supported by disciplined governance and risk management. Area of focus Material issues How we deliver value Health and safety Operating safely across our operations and projects. Maintaining the health and wellbeing of our employees and those who engage with our assets and sites. We are committed to the safety of our people and those who interact with our assets and sites. Through our Global Minimum Requirements (GMRs), we apply a consistent standard across all operations. These GMRs extend to physical safety and people’s mental health and wellbeing. Financial Delivering securityholder returns. Maintaining a strong financial position to support ongoing investment in our future pipeline. We deliver returns to our securityholders and adopt a prudent approach to capital management, with a view to maintaining a strong balance sheet throughout market cycles. Our customers Understanding our customers and responding to market dynamics. Designing and delivering innovative, customer- driven solutions to grow our Investments, Development and Construction platforms. Embedding a process of continuous improvement based on customer insights and actions identified through market research. This approach also consistently measures customer satisfaction and advocacy. Our people Attracting, developing and retaining diverse talent with the capabilities needed to deliver our strategy. Ensuring we have the right capability across the organisation to deliver results for all stakeholders. We attract, develop and retain diverse talent by building a performance culture that is inclusive and enables continuous learning. Successes are recognised and people are rewarded for results. We invest in developing inclusive leaders and capabilities to drive our success. Sustainability Designing, delivering and operating buildings and precincts that respond to the immediate challenge of reducing carbon emissions while creating social value. Meeting the increasing expectations of key stakeholders for climate-resilient assets that support human health and value natural capital. As a signatory of the United Nations Global Compact, we are committed to operating responsibly, in alignment with universal sustainability principles, and reporting annually on our progress. We integrate strategies to mitigate the impact of climate change across our Investments, Development and Construction segments.