REA Group Ltd Annual Report 2021
REA Group Ltd | Annual Report 2021 24 BECAUSE WE CARE At REA, our commitment to responsible and sustainable business practices is fundamental to all that we do. The Group’s sustainability program reflects the pillars of Environment, Social and Governance across our operations and during the year we made strong progress to our targets. Our dedicated Sustainability Report, to be published on rea-group.com in October 2021, will contain a detailed overview of the Group’s Environmental, Social and Governance (ESG) programs, policies and initiatives, as well as our focus for FY22. Environment The Group published its first Climate Change Policy in October 2020, outlining a commitment to address climate change with the inclusion of science- based aligned targets for carbon emission reduction by 2030. The culmination of long-term efforts to measure the company’s carbon footprint, and reduce and offset emissions, resulted in the company receiving carbon neutral certification from the Australian Government’s Climate Active program in March 2021. In addition, REA improved its MSCI ESG rating to an A in FY21 from BBB in FY20. MSCI ESG Ratings are designed to measure a company’s resilience to long- term, industry material ESG risks. Social The Group’s community investment and community programs are focused on the issue of homelessness, based on the firm belief that everyone deserves a safe place to sleep, every night. We have ongoing partnerships with community organisations that address the issue of homelessness, and this year we extended our relationships with Launch Housing, The Big Issue and Orange Sky Australia through to 30 June 2022. Supporting a sustainable future Sustainability $145,218 in combined employee and company-matched donations through Matched Payroll Giving program $226,500 Advantage Community Grants provided to customers to support local causes $43,727 distributed to community organisations through employee community grants I’m incredibly proud to work for an organisation that has committed to, and achieved, Climate Active carbon neutral certification. REA supports its people to live more sustainably through workshops, events and even access to electric vehicle charging. It’s inspiring and gives me hope for a sustainable future. Chloe Arntzen Tech Business Lead
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