BENCHMARKING OUR PERFORMANCE

Benchmarking our performance continues to be an important part of our CR&S strategy and our commitment to improving the transparency and accountability of our CR&S activities and reporting. Many stakeholders, and in particular investment analysts, look to evaluate businesses on their CR&S performance. DEXUS has been participating in voluntary reporting since our first response to the Carbon Disclosure Project in 2006. Over the last 12 months we submitted responses to the following indices and voluntary programs:

ACCA findings

In 2008, we entered the ACCA Australia and New Zealand Sustainability Reporting Awards for the first time. The Association of Chartered Certified Accountants (ACCA) is the global body for professional accountants and has promoted greater transparency in the reporting of organisations’ social and environmental impacts since 1991.

Our 2008 CR&S Report achieved a Top 27 shortlist position out of 77 entrants. The awards are judged on three categories: completeness, credibility and communication. We were particularly pleased to receive the highest score of all entrants for the standard of communication, which supports our commitment to delivering high quality, transparent reporting. We have used these findings of our first entry to strive to improve this 2009 CR&S report across all three categories.

Dow Jones Sustainability Index

DJSI track the financial performance of the leading sustainability-driven companies worldwide. Index constituents are selected according to a sustainability assessment that identifies sustainability leaders in a wide range of industry groups, including real estate.

Corporations are evaluated based on criteria including:

• Climate change strategies
• Energy consumption
• Human resources development
• Knowledge management
• Stakeholder relations
• Corporate governance

The Australian SAM Sustainability Index Member 2009 - AuSSI

In responding to the DJSI survey, Australian companies are reviewed for inclusion in the Australian SAM Sustainability Index (AuSSI), the DJSI Asia Pacific Index and the DJSI World Index. In 2008 we were included in the AuSSI and in 2009 we responded to DJSI for the first time. In September 2009 our listing was confirmed on both the DJSI World and Asia Pacific Indexes.

DJSI Asia Pacific comprises the top 20% out of the largest 600 companies in the developed countries in Asia Pacific. The DJSI World Index comprises the leading companies in terms of sustainability around the world, capturing the top 10% of the largest 2,500 companies worldwide based on long-term economic, environmental and social criteria.

FTSE 4Good Index

The FTSE4Good series measures the performance of companies that meet recognised corporate responsibility standards. Companies are selected using the following social and environmental criteria; environmental sustainability, human rights, countering bribery, supply chain labour standards and climate change.

This index aims to set global standards in the rapidly growing area of Socially Responsible Investment. DEXUS was admitted to the Index in 2006.

Carbon Disclosure Project (CDP)

CDP is a voluntary climate change reporting program that invites the largest 3,700 companies globally to report on their emissions and climate change management practices. CDP has assembled the largest corporate greenhouse gas emissions database in the world and publishes an annual report which provides a detailed analysis of how the largest companies around the globe are responding to climate change. In 2009, we completed our fourth Carbon Disclosure Project (CDP7) report as part of our ongoing commitment to transparent reporting, addressing the challenges of climate change and reducing our carbon footprint.

National Australian Built Environment Rating System

NABERS enables businesses to communicate their performance in conserving and protecting the environment and provides measurable evidence of their commitment to sustainability. The NABERS tools provide an industry standard measurement of energy efficiency and greenhouse performance (NABERS Energy) and water efficiency (NABERS Water) for office buildings. All DEXUS office properties are rated against the NABERS Energy and Water benchmarking tools and results within the portfolio are compared against each other to drive further CR&S performance.

Best Practice Reporting

This year we again entered our 2008 Annual Report into the Australasian Reporting Awards to assess the quality of our reporting and we were pleased to receive our second bronze award. To find out more visit www.arawards.com.au