Policy Focus Area Key Initiatives Construction management and restoration • Restrict vegetation clearing to approved development boundaries and authorised areas • Incorporate environmental requirements into contractor specifications and monitor compliance through supervision and inspections • Carry out reinstatement, rehabilitation or restoration works in accordance with approved environmental management plans Biodiversity enhancement and green spaces • Incorporate green and landscaped spaces within developments, with a general target of allocating at least 10% of project areas where feasible • Retain natural water bodies, vegetation and landscape features where practicable • Integrate ecological and landscape features to enhance environmental quality and support local biodiversity Biodiversity Risk Assessment & Environmental Impact Assessment We assess biodiversity and environmental sensitivities at the project level as part of our planning, approval and development processes. This includes environmental impact assessments where required, planning approvals, and site-level environmental screening during mobilisation and construction. The outcomes of these assessments are incorporated into project planning, design and environmental management to ensure that site-specific risks are identified and addressed appropriately. During FY2025, our developments were primarily located within urban, previously developed, plantation, reclaimed and secondary vegetation areas, where environmental sensitivities were assessed and managed through established regulatory and planning processes. None of our active project sites were located within gazetted protected areas or legally designated high conservation value areas. Based on environmental assessments conducted, our projects did not involve critical habitats for rare, threatened or endangered species requiring specific protection measures under applicable approvals. For sites with higher environmental sensitivity, such as hillside terrain, coastal interfaces or reclaimed land, we implement additional environmental controls in line with approved environmental management plans and permit conditions. These include: • Controlling vegetation clearing within approved development boundaries • Implementing erosion and sediment control measures to minimise disturbance to surrounding ecosystems • Managing slope stability and drainage for hillside developments • Carrying out site reinstatement and landscaping following construction These measures are monitored throughout construction to ensure compliance with approved conditions and proper rehabilitation of affected areas. In practice, we classify site sensitivity based on a range of factors, including: • Prior land use (e.g. urban/infill, plantation, reclaimed or secondary vegetation) • Proximity to waterways, drainage corridors, retention features and coastal interfaces • Terrain conditions, including slope and elevation • Environmental requirements specified in approvals and construction constraints • Stakeholder feedback or concerns identified during planning or project delivery AR 2025 | SUSTAINABILITY 152
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