Cedar Pacific recognises that there are environmental, social and economic implications to all the decisions it makes as an investment manager.
Therefore, in assessing risks and opportunities the Company remains focused on the financial implications of its decisions as well as the social and environmental impact. Cedar Pacific appreciates the acute interest in environmental, social and governance (ESG) factors by stakeholders (investors, tenants, suppliers, regulators and the broader community) and their right to understand how and to what extent its business affects them, directly and indirectly, positively and negatively.
Cedar Pacific has embedded ESG considerations into its core values, shaping the way it conducts business. The Company is committed to accurate and transparent reporting for our Funds. As a responsible Investment Manager, focused on ESG initiatives, Cedar Pacific, submits under the following assessments and tools:
The 2025 GRESB Benchmark Results have recognised Cedar Pacific as a leading manager for Real Estate in Oceania.
At Cedar Pacific, our team remains steadfast in our commitment to embedding sustainability across all aspects of asset and investment management. In 2025, we achieved a 5-star GRESB rating for our PBSA Standing Investment Fund which has also been ranked 1st in its peer group for Management and Performance.
Driving strong ESG outcomes continues to be a core focus of our business, spanning both our development pipeline and standing investments. Our approach ensures we consistently outperform industry benchmarks, as reflected in our GRESB results, and reinforces our dedication to long-term value creation through sustainable practices.
2025 GRESB Benchmark Results Summary
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Cedar Pacific achieved a 5-Star GRESB Rating for its Standing Investments, placing us as #1 within Residential/Oceania – top score in Management and Performance Combined.
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This top ranking reflects Cedar Pacific’s leadership in sustainable investment and operational excellence within the Residential, living sector.
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We continue to improve year on year across all funds we manage. Both our PBSA Standing Investment Fund and our PBSA Infrastructure Fund were awarded 9 additional points compared to the previous year’s results.
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Cedar Pacific’s first BTR Development Fund also obtained an overall score of 90 out of 100 for its first benchmark reporting year. These results reflect continuous improvement and the successful implementation of our ESG strategies demonstrated by enhanced ESG integration and performance across the portfolio.
Cedar Pacific is not required by law to comply with the Modern Slavery Act 2018 (the Act). However, due to Cedar Pacific’s commitment to taking all appropriate actions to mitigate the risks of modern slavery appearing within its business or supply chain, Cedar Pacific voluntarily complies and reports in accordance with the requirements imposed by the Act. Cedar Pacific is currently developing a comprehensive approach to safeguard its operations and supply chain from modern slavery risks. In addition to its policy and anti-modern slavery clauses in related policies, such as procurement policy, this approach could in future include modern slavery training, participation in industry collaborations and/or requesting further reporting on modern slavery actions occurring in our supply chain.
Governance
Cedar Pacific has an established Corporate Governance Framework comprising the principles and objectives by which decisions are made and how those in control are held to account.
The Framework is informed by the ASX Corporate Governance Councils ‘Corporate Governance Principles and Recommendations’ 4th edition 2019, and has been designed by the board of directors to ensure accountability, fairness, and transparency in Cedar Pacific’s relationship with all its stakeholders, reflecting its commitment to ensuring key stakeholders are at the centre of focus with their interests appropriately prioritised. Cedar Pacific is governed by a series of policies, procedures, best practices and guidelines, rooted in sound ethics.
Cedar Pacific’s key governance policies include, but are not limited to the following: