Our Performance

Our performance

GPT’s Corporate Community Investment Protoco l aims to capture all material community-related investments made by GPT including:

Time volunteered by GPT employees;
Direct community investment;
Giving through the GPT Foundation;
In-kind giving; and
Monetary contributions through donations and sponsorships.

GPT invests significantly in community-valued facilities (such as End of Trip facilities, and playgrounds at our retail assets) and over the last 12 months has been particularly focused on upgrading common areas of property that customers and occupants can enjoy. We have also invested significantly across the year in diversity and inclusion initiatives, reflecting a significant increase in our management costs, with a full year of operation of the GPT Foundation also reflected.

Corporate Community Investment Reporting - 2019 Results

In 2019, $7.65 million was invested in our communities as detailed below. This exceeded our target of $5 million of investment for the 12 months.

Contribution	2019	2018	Explanation for change in spend	Examples
Direct community investment	$5.27m	$3.15m	This reflects further investment in end of trip facilities, play grounds, common areas and community events	Playground and community gardens Investment in End of trip facilities Family entertainment and community events
Sponsorship	$0.05m	$0.21m	Some sponsorship expenditure moved to the GPT Foundation	Sponsorships at asset level
GPT Foundation	$0.59m	$0.30m	A full year of operation for the GPT Foundation	This includes investment in and donations to our seven Foundation community partners, and matching of workplace giving
Volunteering time	$0.23m	$0.21m	GPT maintains a high level of employees volunteering with community organisations	GPT employees volunteering throughout the year and on the annual Community Day
In kind provision of charity and community space	$0.48m	$0.50m	GPT continues to offer space free of charge to community organisations	Providing space in shopping centres or office building foyers for charity and community events
Management support	$1.01m	$0.62m	This increase indicates the significant employee and management time invested in furthering our Reconciliation Action Plan goals, the employee committee that governs the GPT Foundation and the focus on LGBTIQ and other inclusion activities both in the workplace and industry	GPT employees working on programs, activities and systems to deliver community outcomes
Leverage	$0.02m	$0.05m	The role GPT plays in facilitating giving to charitable organisations by our people / other business partners	Contributions to community organisations facilitated by GPT activities

Employee giving

The percentage of staff volunteering has fallen to 65.5%. Whilst this did not meet our target of 75%, 80.3% of GPT employees were involved in the GPT Foundation during 2019 through volunteering, donating or fundraising activities.