Sustainability

As a leading residential developer with a national footprint, our approach focuses on sustainable practices that create long-term shared value for our communities, shareholders and people.

With each community, we add to an enduring legacy of creating connected, liveable places built for today and future proofed for tomorrow. Our extensive experience guides how we work with our communities to understand and respond to what they need, designing places that are both socially and environmentally sustainable.

Our social sustainability strategy focuses on issues that can have a meaningful impact on both our residents and our people. We foster a values-driven, people centric environment where people are valued, they feel a sense of belonging and have the opportunity to give back and contribute to society. We encourage a culture of innovation and creativity, whilst demonstrating unwavering commitment to delivering high quality sustainable outcomes for our partners and stakeholders.

Our Purpose

Defining future places of belonging

Environment

Environmentally conscious development

Water conservation and recycling
Use of solar and energy reduction in building design
Long history of operating in highly environmentally regulated industry
Biodiversity and land restoration

Social

Positive social impact in our communities and team

Employee diversity, wellbeing and engagement
Building strong community partnerships
Providing opportunities for affordable housing for homebuyers

Governance

A trusted partner and sustainable business

Ethical and responsible business practices
Robust risk management framework
Board Charter and Corporate Governance Statement

Brabham Estate, WA: A beacon of sustainable and innovative development

Brabham Estate developed by Peet and DevelopmentWA, is a 2,750-lot masterplanned community that sets a new benchmark in sustainable living through best practice use of energy-efficient and smart technologies and innovative building practices.

A flagship of Brabham’s commitment to sustainability and innovation is the iconic Green Homes Display Home. Acclaimed as Australia’s most sustainable two-storey home* with a 9.2-Star NatHERS rating*, it provides purchasers with the opportunity to consider including sustainable features in their home.

New residents to Braham Estate are offered a Better Life Bonus package, providing them with sustainable benefits valued up to $13,000**. These measures aim to significantly reduce household energy bills by up to 50%** and lower the community’s carbon footprint.

Brabham Estate has been recognised through its 6-Star ‘Green Star Communities’ accreditation from Green Building Council of Australia and the 2023 Platinum Waterwise Development award from the Water Corporation.

* Based on CSIRO database, correct as of March 2023.  ** Calculations based on average household bill for a 4-person household in Perth (approx. $2,000 per annum). Savings are dependent on individual dwelling, no of occupants and consumption patterns and cannot be guaranteed.

Woodville Rd, SA: A Blueprint for Affordable Housing Success

Located eight kilometres from the Adelaide CBD in St Clair, Woodville Rd has dedicated 45% (84 homes) to long-term affordable housing, which is three times higher than what is typically required by the State Government.

Developed in partnership with the South Australian government, the community includes both apartments and Torrens titled terrace homes offered at various sizes and price points, which created suitable options for first time buyers, young families, and downsizers.

44 affordable homes were marketed by HomeSeeker, enabling low to moderate income earners to become homeowners, while community housing provider Junction has bought 40 homes which will be used as affordable rentals.

Woodville Rd also incorporated the Shared Equity initiative in collaboration with HomeSeeker, aimed at making homeownership more attainable and helping homebuyers enter the market. Through HomeStart, eligible homebuyers receive a secondary loan under Shared Equity, boosting their borrowing power and providing an interest-free and repayment-free loan of up to 25% of the purchase price.

Driving strong social and economic outcomes at Flagstone City, QLD

Flagstone City located in a key SEQ growth corridor, is a large masterplanned community that includes 330 hectares of green space and will ultimately deliver 12,000 homes and a 126-hectare CBD servicing a population of over 120,000 in the Greater Flagstone region.
Anchored by a future Health precinct and future passenger rail station, the Flagstone City Centre will include precincts for retail, entertainment, industrial, education and business. The growing city centre has progressed signfiicantly with more than 70 businesses now established, generating over 600 non-construction jobs.

Flagstone sets the benchmark for a socially-connected community supported by a comprehensive community development strategy and early investment in state-of-the-art infrastructure. Delivery of key community amenity such as the feature Adventure Playground and Waterplay Park within Flagstone Parklands, neighbourhood parks and major sporting facilities has been critical to residents having walkable access to green space and opportunities for community connection. This is underpinned by a comprehensive program of community engagement initiatives, including supporting the establishment of a diverse range of community groups.

The implementation of the Community and Economic Development Plan at Flagstone has resulted in creating a strong sense of belonging and advocacy, with 94% of residents saying they would recommend Flagstone as a great place to live.

National Tree Planting Day

Each year, Peet communities from all over Australia come together to celebrate National Tree Day as a national community initiative focused on educating the next generation about sustainability and how they can make a meaningful and positive impact.

Peet partners with schools and our environmental consultant team to teach young people about their local environment, with the aim of instilling a passion for sustainability and to encourage care and connection for the community they live within.

National Tree Planting Day is Australia’s largest tree planting and nature care event that aims to teach school students about caring for the local environment.

Making an Impact in the Community

Through our community partnerships, we aim to create a positive social impact through partnering with like-minded organisations that share our values where we can work together to make a meaningful difference.

Peet focuses on promoting inclusion and celebrating diversity, leveraging sport to bring the community together and providing support to encourage healthy and positive wellbeing.

Explore our Community Partnerships

Sustainability News

December 4, 2024

Peet transforms historic Fort Largs into community hub

November 19, 2024

Peet staff communities achieve One Foot Forward goals

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