Centuria’s GRI Index

The following Global Reporting Initiative (GRI) index covers key disclosure topics for Centuria Capital Group, and its listed subsidiaries Centuria Office REIT and Centuria Industrial REIT. Both Centuria Office REIT and Centuria Industrial REIT are externally managed by Centuria Capital Group, as such share similarities in their management approach, environment and social disclosures.

General Disclosures

Topic 102: Organisational Profile

Indicator	CNI Response	CIP Response	COF Response
102-1 – Name of the organisation	Centuria Capital Group	Centuria Industrial REIT (ASX:CIP), is a subsidiary of Centuria Capital Group	Centuria Office REIT (ASX:COF), is a subsidiary of Centuria Capital Group
102-2 – Activities, brands, products and services	CNI Annual Report	CIP Annual Report	COF Annual Report
102-3 – Location of headquarters	Contact us page
102-4 – Location of operations	Centuria operates in both Australia and New Zealand.
102-5 – Ownership and legal form	CNI Annual Report	CIP Annual Report	COF Annual Report
102-6 – Markets served	Leading Australian real estate funds manager, with more detail of markets served found in our Corporate Overview	CIP is Australia’s largest domestic pure play industrial property investment vehicle (A-REIT). CIP is listed on the ASX. More detail can be found in our fund overview.	COF is Australia’s largest pure play office REIT (A-REIT). COF is listed on the ASX. More detail can be found in our fund overview.
102-7 – Scale of the organisation	CNI Annual Report
102-8 – Information on employees and other workers	CIP and COF are externally managed and therefore are supported by CNI management/employee base, details of CNI’s employees are found in the Sustainability Report
102-9 – Supply chain	Details of the Group (including CIP and COF) supply chain may be found in the Sustainability Report
102-11 – Precautionary principle of approach	Centuria undertake regular review of risks presented to the organisation, including risks presented by climate change. Risks are categorised in the Group’s (including CIP and COF) risk register. Centuria acknowledge the precautionary principle where there is a lack of certainty for various risks and incorporates a response in its management response.
102-13 – Membership of associations	The Group (including CIP and COF) are members of the following member based associations: – Diversity Council of Australia – Property Council of Australia – The Task Force on Climate related Financial Disclosure – Property Funds Association of Australia

Topic 102: Strategy

Indicator	CNI Response	CIP Response	COF Response
102-14 – Statement from senior decision-maker	CNI Annual Report	CIP Annual Report	COF Annual Report
102-15 – Key impacts, risks and opportunities	Key risks and opportunities for the Group (including CIP and COF) are found in the Sustainability Report.

Topic 102: Ethics and integrity

Indicator	CNI Response	CIP Response	COF Response
102-16 – Values, principles, standards and norms of behaviour	Details of Centuria’s Values and Capabilities are found in our Sustainability Report
102-17 – Mechanisms for advice and concerns about ethics	Centuria’s Code of Conduct details advice on how to report unethical behaviour observed within the Group

Topic 102: Governance

Indicator	CNI Response	CIP Response	COF Response
102-18 – Governance structure	CNI Governance Statement	CIP is externally managed by Centuria Capital Group. As such it benefits from the Group’s overarching governance approach. More details on the Group’s governance approach is found on our Corporate Governance page. CIP Governance Statement	COF is externally managed by Centuria Capital Group. As such it benefits from the Group’s overarching governance approach. More details on the Group’s governance approach is found on our Corporate Governance page. COF Governance Statement
102-19 – Delegating authority	CNI Governance Statement	CIP Governance Statement	COF Governance Statement
102-20 – Executive-level responsibility for economic, environmental and social topics	The Group (including CIP and COF) benefit from a holistic management approach, with Centuria Capital’s Culture and ESG Committee overseeing ESG topics for the Group – Culture and ESG Committee Charter
102-21 – Consulting stakeholders on economic, environmental and social topics	The Group’s (including CIP and COF) stakeholder engagement process is defined in Centuria’s Sustainability Report.
102-22 – Composition of the highest governance body and its committees	CNI Governance Statement	CIP Governance Statement	COF Governance Statement
102-23 – Chair of the highest governance body	Details of the highest governance body, including its chair may be found on the Board of Directors page.	Details of the highest governance body, including its chair may be found on the Board of Directors page.	Details of the highest governance body, including its chair may be found on the Board of Directors page.
102-24 – Nominating and selecting the highest governance body	Nomination Committee Charter and Details of the highest governance body may be found on the Board of Directors page.	Nomination Committee Charter and Details of the highest governance body may be found on the Board of Directors page.	Nomination Committee Charter and Details of the highest governance body may be found on the Board of Directors page.
102-25 – Conflicts of interest	Nomination Committee Charter & CNI Governance Statement	Nomination Committee Charter & CIP Governance Statement	Nomination Committee Charter & COF Governance Statement
102-26 – Role of highest governance body in setting purpose, values and strategy	CNI Annual Report	CIP Annual Report	COF Annual Report
102-27 – Collective knowledge of highest governance body	Details of Centuria Capital’s Boards collective knowledge may be found in the CNI Annual Report	Details of Centuria Industrial REIT’s Boards collective knowledge may be found in the CIP Annual Report	Details of Centuria Office REIT’s Boards collective knowledge may be found in the COF Annual Report
102-28 – Evaluating the highest governance body’s performance	Measurement of performance may be found in CNI Annual Report	–	–
102-29 – Identifying and managing economic, environmental and social impacts	The Group (including CIP and COF) benefit from a holistic management approach. A summary of the Group’s management approach to identifying ESG impacts is summarised in Centuria’s Sustainability Report.
102-30 – Effectiveness of risk management processes	The Group (including CIP and COF) benefit from a holistic management approach. The effectiveness of risk management processes is reviewed by CNI, CIP and COF respective boards, but also by CNI’s Culture and ESG Board Committee. A summary of Centuria’s management approach may be found in Centuria’s Sustainability Report.
102-31 – Review of economic, environmental and social topics	The Group (including CIP and COF) benefit from a holistic management approach. The responsibility for reviewing ESG topics applicable to the Group is upheld by the Culture and ESG Committee. A summary of Centuria’s Management Approach may be found in Centuria’s Sustainability Report.
102-32 – Highest governance body’s role in sustainability reporting	The Group (Including CIP and COF) Sustainability Report is review by the Culture and ESG Committee with approval acquired from Centuria Capital (CNI) Board, including Centuria’s Joint CEOs.
102-33 – Communicating critical concerns	The Group (including CIP and COF) benefit from a holistic management approach. The communication of critical concerns is detailed by the Group’s suite of corporate governance documents. This includes Centuria’s Code of Conduct and Whistleblower Policy.
102-35 – Remuneration policies	Nomination and Remuneration Committee Charter	Nomination and Remuneration Committee Charter	Nomination and Remuneration Committee Charter
102-36 – Process for determining remuneration	Nomination and Remuneration Committee Charter	Nomination and Remuneration Committee Charter	Nomination and Remuneration Committee Charter
102-37 – Stakeholders’ involvement in remuneration	Nomination and Remuneration Committee Charter	Nomination and Remuneration Committee Charter	Nomination and Remuneration Committee Charter

Topic 102: Stakeholder Engagement

Indicator	CNI Response	CIP Response	COF Response
102-40 – List of stakeholder groups	Engagement of stakeholders is consistent across the Group (including CIP and COF). Details of stakeholder engagement may be found in Centuria’s Sustainability Report.
102-42 – Identifying and selecting stakeholders
102-43 – Approach to stakeholder engagement
102-44 – Key topics and concerns raised

Topic 102: Reporting Practice

Indicator	CNI Response	CIP Response	COF Response
102-45 – Entities included in the consolidated financial statements	Entities included for CNI’s financial statements may be found in the CNI Annual Report.	Entities included for CIP’s financial statements may be found in the CIP Annual Report.	Entities included for COF’s financial statements may be found in the COF Annual Report.
102-46 – Defining report content and topic boundaries	The Group (including CIP and COF) benefit from a holistic management approach. Definitions of reporting boundaries for ESG topics may be found in the Centuria Sustainability Report.
102-47 – List of material topics	The Group (including CIP and COF) benefit from a holistic management approach. Details of material ESG topics may be found in the Centuria Sustainability Report.
102-50 – Reporting period	Unless explicitly stated, the reporting period is July 2020 to June 2021.
102-51 – Date of most recent report	FY21 CNI Annual Report	FY21 CIP Annual Report	FY21 COF Annual Report
102-52 – Reporting cycle	Financial Year July 2020 to June 2021
102-55 – GRI Index	This is the Group’s (including CIP and COF) GRI index.

Management Approach

Topic 103: Management Approach

Indicator	CNI Response	CIP Response	COF Response
103-1 – Explanation of the material topic and its boundary	Material topics applicable to the Group (including CIP and COF) may be found in the Centuria Sustainability Report.
103-2 – The management approach and its components	The Group (including CIP and COF) benefit from a holistic management approach. Details of the Group’s management approach may be found in Centuria’s Sustainability Report.
103-3 – Evaluation of the management approach	The Group (including CIP and COF) benefit from a holistic management approach. Details of the Group’s management approach may be found in Centuria’s Sustainability Report.

Economic

Topic 201: Economic Performance

Indicator	CNI Response	CIP Response	COF Response
201-1 – Direct economic value generated and distributed	CNI Annual Report	CIP Annual Report	COF Annual Report
201-2 – Financial implications and other risks and opportunities due to climate change	The Group (including CIP and COF) benefit from a holistic management approach. Centuria adopt the recommendations of the Task Force on Climate Related Financial Disclosure, with the Group Sustainability Report containing information pertaining to climate change and its presented risks/opportunities.

Topic 205: Anti-Corruption

Indicator	CNI Response	CIP Response	COF Response
205-1 – Operations assessed for risks related to corruption	The Group (including CIP and COF) benefit from a holistic management approach. All staff must complete Centuria’s Code of Conduct Training.
205-2 – Communication and training about anti-corruption policies and procedures	The Group (including CIP and COF) benefit from a holistic management approach. All staff must complete Centuria’s Code of Conduct training as part of their onboard process. Training includes training of anti-corruption and bribery procedures. The Group also maintain a Whistleblower policy.
205-3 – Confirmed incidents of corruption and actions taken	There have been no breaches in accordance with the Group’s (including CIP and COF) Code of Conduct or relevant regulations.

Topic 206: Anti-Competitive Behaviour

Indicator	CNI Response	CIP Response	COF Response
206-1 – Legal actions for anti-competitive behavior, anti-trust, and monopoly practice	There have been no breaches against the Group (including CIP and COF) for the reported period.

Topic 207: Tax

Indicator	CNI Response	CIP Response	COF Response
207-4 – Country-by-country reporting	Details of Centuria Capital’s Tax may be found in CNI’s Financial Announcements.	Details of Centuria Industrial REIT’s tax may be found in CIP’s Financial Announcements.	Details of Centuria Office REIT’s tax may be found in COF’s Financial Announcements.

Environment

Topic 302: Energy

Indicator	CNI Response	CIP Response	COF Response
302-1 – Energy consumption within the organisation	The Group (including CIP and COF) report energy consumption aligned to its corporate boundary in Centuria’s Sustainability Report. Information is summarised by CNI, CIP and COF.
302-4 – Reduction of energy consumption	The Group (including CIP and COF) benefit from a holistic management approach. The Group Sustainability Report contains information pertaining to energy consumption.

Topic 303 (2018): Water

Indicator	CNI Response	CIP Response	COF Response
303-5 (2018) – Water consumption	The Group (including CIP and COF) report water consumption aligned to its corporate boundary in Centuria’s Sustainability Report. Information is summarised by CNI, CIP and COF.

Topic 305: Emissions

Indicator	CNI Response	CIP Response	COF Response
305-1 – Direct (Scope 1) GHG emissions	The Group (including CIP and COF) report its Direct (Scope 1) emissions aligned to its corporate boundary in Centuria’s Sustainability Report. Information is summarised by CNI, CIP and COF.
305-2 – Energy indirect (Scope 2) GHG emissions	The Group (including CIP and COF) report its Indirect (Scope 2) emissions aligned to its corporate boundary in Centuria’s Sustainability Report. Information is summarised by CNI, CIP and COF.

Topic 306 (2020): Waste

Indicator	CNI Response	CIP Response	COF Response
306-3 – Waste generated	The Group (including CIP and COF) report waste generation aligned to its corporate boundary in Centuria’s Sustainability Report. Information is summarised by CNI, CIP and COF.
306-4 – Waste diverted from disposal	The Group (including CIP and COF) report waste which has been diverted from landfill aligned to its corporate boundary in Centuria’s Sustainability Report. Information is summarised by CNI, CIP and COF.
306-5 – Waste directed to disposal	The Group (including CIP and COF) report waste which has been sent to landfill aligned to its corporate boundary in Centuria’s Sustainability Report. Information is summarised by CNI, CIP and COF.

Topic 307: Environmental Compliance

Indicator	CNI Response	CIP Response	COF Response
307-1 – Non-compliance with environmental laws and regulations	The Group (including CIP and COF) have had no breaches or fines under applicable environmental legislation.

Social

Topic 401: Employment

Indicator	CNI Response	CIP Response	COF Response
401-1 – New employee hires and employee turnover	Both CIP and COF are externally managed by Centuria Capital Group. Refer to Centuria’s Sustainability Report for information relating to Centuria Capital Groups employees.
401-3 – Parental leave	Centuria provide parental leave for all full and part time employees who have been employed at least for 12 months. Primary care givers are entitled to 18 weeks paid parental leave. While non-primary care givers are entitled to take 2 weeks of paid leave.

Topic 404: Training & Education

Indicator	CNI Response	CIP Response	COF Response
404-3 – Percentage of employees receiving regular performance and career development reviews	The Group (including CIP and COF) benefit from a holistic management approach. All employees receive monthly performance reviews with their manager, at which time career development opportunities are discussed.

Topic 405: Diversity & Equal Opportunity

Indicator	CNI Response	CIP Response	COF Response
405-1 – Diversity of governance bodies and employees	Diversity of Centuria Capital Group, including CIP and COFs, highest governing bodies is disclosed on our website under Board of Directors. Information relating to the Groups, including CIP and COFs, diversity and equal opportunity initiatives may be found in Centuria’s Sustainability Report.
405-1 – Diversity of governance bodies and employees	CNI Board of Directors	CIP Board of Directors	COF Board of Directors

Topic 408: Child Labor

Indicator	CNI Response	CIP Response	COF Response
408-1 – Operations and suppliers at significant risk for incidents of child labor	The Group (including CIP and COF) benefit from a holistic management approach. A Modern Slavery Statement has been prepared by the Group which details Centuria’s response to Modern Slavery. Centuria’s Modern Slavery Statement notes the Group’s response to eradicating child labour within its operations and suppliers.

Topic 409: Forced or Compulsory Labor

Indicator	CNI Response	CIP Response	COF Response
409-1 – Operations and suppliers at significant risk for incidents of forced or compulsory labor	The Group (including CIP and COF) benefit from a holistic management approach. A Modern Slavery Statement has been prepared by the Group which details Centuria’s response to Modern Slavery. Centuria’s Modern Slavery Statement notes the Group’s response to eradicating forced or compulsory labour from its operations and suppliers.

Topic 412: Human Rights Assessment

Indicator	CNI Response	CIP Response	COF Response
412-1 – Operations that have been subject to human rights reviews or impact assessments	The Group (including CIP and COF) benefit from a holistic management approach. A Modern Slavery Statement has been prepared by the Group which details Centuria’s response to Modern Slavery, including the assessment of human rights within its operations and supply chain.
412-2 – Employee training on human rights policies or procedures	The Group (including CIP and COF) benefit from a holistic management approach. A Modern Slavery Statement has been prepared by the Group which details Centuria’s response to Modern Slavery, employee awareness training.

Topic 419: Socioeconomic Compliance

Indicator	CNI Response	CIP Response	COF Response
419-1 – Non-compliance with laws and regulations in the social and economic area	The Group (including CIP and COF) have had no breaches or fines under applicable legislation.