Environmental, Social and Governance (ESG) Policy Statement

Thames Pacific

SUSTAINABLE BUSINESS PRACTICES

Thames Pacific Limited is an experienced Property Developer with a proven track record of profitable growth and success. In addition to delivering strong results for the business and our purchases, we’re committed to incorporating sustainability as a core value within our organization.

Our mission is to create thriving, enduring neighbourhoods by building new homes with lasting liveability. We believe our commitment to pursuing ESG initiatives can be achieved in parallel with developing properties. The integration of sustainable business practices creates lasting results that benefit all our stakeholders, including our purchasers, employees, consultants, councils, and the communities in which we live and operate.

This document refers to our approach and the integration of non-financial aspects, commonly referred to as Environment, Social, and Governance (ESG) factors. This policy is reviewed and updated, at least on an annual basis, reflecting the evolving nature of our approach.

ESG POLICY STATEMENT

Thames Pacific is committed to building environmental sustainability, social responsibility and effective corporate governance into all aspects of our business. This ESG policy statement reflects our commitment to improving how our business decisions and policies address opportunities for sustainability.

The managing director is responsible for ensuing that the company has in place an appropriate ESG framework that enables the company to effectively manage material ESG risks and opportunities.

We expect this policy statement to be upheld by all employees, including directors of the Company. As we look ahead to the future, we will continue to be transparent and remain focused on expanding our sustainability efforts.

ENVIRONMENTAL SUSTAINABILITY

Thames Pacific is committed to operating in an environmentally responsible manner to reduce our impact on climate change, conserve natural resources and operate in compliance with environmental regulations. We recognise that climate change poses physical and transition risks to our business, projects and communities, and we are committed to adapting our business and portfolio to these risks.

Growing awareness of property development environmental impacts and increased expectations, make the environmental performance of our developments a material issue. The environmental performance of our developments includes the energy they consume, the waste they generate and their operational carbon footprints.

To manage our environmental performance, we’ve taken a disciplined approach to meeting our clients’ expectations around optimal operating conditions while maintaining a focus on energy efficiency, taking into consideration climate change physical and transition risks in respect of our direct operations to ensure that our business, offices and staff are resilient and prepared for the forecast impacts of climate change.

SOCIAL RESPONSIBILITY

Thames Pacific is committed to being a socially responsible employer by fostering an environment of diversity and inclusion across our business, with a focus on empowering women and minorities, operating ethically and supporting our local communities. Our objective from 2024 is for all major main contractors to report at least annually on their gender ratio.

Thames Pacific partner with local charities and sports teams by providing financial support, we see this opportunity as critical to our own success and strengthens the community in which we operate.

CORPORATE GOVERNANCE

We’re committed to building a culture dedicated to ethical business behaviour and responsible corporate activity. We believe strong corporate governance is the foundation to delivering on our commitments.

We provide an open and innovative team environment to cater for employees’ individual style of work. Our agile working office environment takes a flexible approach to work and simultaneously reduces our environmental impact. The open floor plan of our offices includes collaborative space, comfortable break out spaces, and premium views. We also provide employees with opportunities for remote working and flexible hours.

SUSTAINABLE PROPERTY DEVELOPMENT OBJECTIVES

As a Property Developer we believe we play an important role in building a sustainable future for our employees, our environment and the communities in which we live and operate. Specific to our industry, we are focused on the following opportunities related to climate change, and sustainability:

  • Reducing the Company’s carbon footprint by tackling low carbon opportunities such as reducing waste and conserving natural resources in our construction processes, supply chain and throughout our organization
  • Building sustainable homes that allow homeowners to reduce their carbon footprint by utilizing smart home technology to reduce energy consumption and conserve water.
  • Climate change risk: from 2024 complete an internal review at least annually of our firm's alignment with the 11 TCFD recommendations*, and aim to improve our alignment with these recommendations annually each year thereafter.
  • Helping create happy, healthy communities in part by educating homebuyers, employees, business partners and other stakeholders on environmentally sustainable practices.
  • Complying with all relevant and applicable local and regional environmental laws, policies and regulations

REPORTING OF ESG OBJECTIVES

Thames Pacific managing director will report companies performance against objectives annually to all company employees at an annual retreat.

  • Decarbonisation: from 2024 report our annual corporate scope 2 greenhouse gas emissions to the company
  • Climate change risk: from 2024 report our alignment with the 11 TCFD recommendations to the company
  • Diversity, equity and inclusion: report to the board of directors annually the employee gender ratio internally and our main contractors.