Thriving Partners
Reducing emissions, improving energy performance and building climate resilience across our portfolio.
Sustainability
Sustainability
Sustainability at Vital
Sustainability is embedded in how we invest, manage risk and deliver long-term value.
Our framework is built around four core pillars — Healthy Planet, Thriving Partners, Inclusive Company and Strong Communities — supported by strong governance and transparent reporting.
Te toto o te tangata, he kai; te oranga o te tangata, he whenua.
Whakataukī
Food sustains the blood of the people, but their wellbeing is drawn from the land.
Māori proverb
Acknowledgement of Country
Vital acknowledges the Traditional Owners of Country throughout Australia, especially the lands on which we live and work and recognises their continuing connection to lands, waters and communities.
We also acknowledge the Rangatiratanga of Māori as Tangata Whenua and Treaty of Waitangi partners in Aotearoa New Zealand.
We pay our respects to all First Nations peoples and to Elders past, present and emerging.
Sustainability Framework
Our framework guides strategy, capital allocation and day-to-day decision-making, ensuring sustainability is integrated across the full lifecycle of our assets.
Healthy Planet
Working alongside healthcare operators to improve building performance, tenant wellbeing and shared sustainability outcomes.
Strong communities
Building a diverse, engaged and high-performing workforce that supports long-term thinking.
Inclusive Company
Investing in the communities we serve and strengthening social value across our supply chain.
Enablers
Advancing our strategy through strong governance and transparency.
Double Materiality: What Matters Most
We use a double materiality approach to identify what matters most — combining an impact lens (how our activities affect the environment and communities) with a financial lens (how sustainability risks and opportunities affect business performance).
These priorities directly shape our strategy, KPIs and investment decisions and are reviewed bi-annually with input from investors, tenants, communities and regulators.
This process is informed by stakeholder engagement and is aligned with global standards including GRI, SASB and ESRS.
Tier 1 Priority Topics
- Building certifications
- Corporate ethics and governance
- Diversity, equity and inclusion
- Employee health and safety
- Energy management
- Regulatory compliance
- Tenant safety, wellbeing and inclusivity
- Tenant satisfaction and experience
- Waste management
The nine Tier 1 topics identified represent our priority focus, providing clear direction for targeted action and resource allocation. These priorities are subject to review as stakeholder expectations and operating conditions evolve and are supported by other important themes also embedded in our broader strategy.
- Thriving Partners
- Healthy Planet
- Strong communities
- Enablers
Benchmarks & External Performance
We benchmark performance against leading global ESG frameworks and ratings to provide transparency, support investor confidence and identify areas for continuous improvement.
Framework |
Rating / Score |
Benchmark average |
Commentary |
|---|---|---|---|
|
GRESB Standing Investments |
87/100 |
Global Sector Leader in Listed Healthcare |
|
|
GRESB Developments |
97/100 |
Global Sector Leader in Listed Healthcare |
|
|
Forsyth Barr |
B+ |
Fast Follower |
|
|
Sustainalytics |
Low Risk (14.9) |
Global Sector Leader in Listed Healthcare |
|
|
MSCI |
BBB |
ESG rating |
|
|
ISS ESG |
C (Prime) |
Governance and ESG assessment |
Building Certifications (Green Star)
We are committed to achieving a minimum 5 Star Green Star rating across all new developments and major refurbishments, ensuring our assets meet leading standards for sustainable design.
We also conduct portfolio-wide Green Star Performance ratings to assess the operational performance of our assets.
Performance Metrics |
FY26 Result |
Tool |
|---|---|---|
|
Green Star Performance coverage |
31 assets assessed across the portfolio |
Green Star Performance v2.0 |
|
6 Star Green Star (certified developments) |
Playford Health Hub Stage 2 GenesisCare Integrated Cancer Centre RDX Centre of Excellence (Gold Coast) |
Green Star Design & As Built v1.3 Green Star Design & As Built v1.3 Green Star Design & As Built v1.3 |
|
5 Star Green Star |
Endoscopy Auckland (Kipling Ave) |
Green Star Design & As Built v1.3 |
Case study
Find Out More
Playford Health Hub, Adelaide
South Australia’s first 6 Star Green Star certified medical office building.
34% better energy performance*
32% lower embodied emissions*
25% better water performance*
100% energy from renewable sources
*compared with a reference building
Case study
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GenesisCare Integrated Cancer and Health Centre, Sydney
The GenesisCare Integrate Cancer & Health Centre has achieved 6 Star Green Star certification under the Design & As Built rating tool.
17% better energy performance*
45% lower embodied emissions*
13% better water performance*
100% energy from renewable sources
*compared with a reference building
Case study
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RDX, Gold Coast
6 Star Green Star Design rating achieved.
RDX has achieved a 6 Star Green Star Design rating, demonstrating a strong commitment to high-performance, sustainable building design.
Key sustainability features include a high-performance double-glazed façade, all-electric building services, and an 80kW rooftop solar PV system. Water efficiency is supported through low-flow fixtures and rainwater capture for irrigation.
The development promotes sustainable transport through end-of-trip facilities and access to public transport, alongside waste separation facilities to reduce landfill. Efficient, all-electric mechanical systems provide comfortable, well-ventilated spaces for tenants.
Case study
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Endoscopy Auckland, Auckland
Endoscopy Auckland (22 Kipling Avenue) is Vital’s first New Zealand development to achieve a 5 Star Green Star Design rating under the NZGBC Design & As Built v1.0 tool.
Delivered in partnership with Endoscopy Auckland Limited, the purpose-built four-theatre, 16-bed facility provides modern endoscopy services within a patient-focused and sustainable healthcare environment.
The project reflects Vital’s commitment to resilient, high-performing healthcare design and is targeting Green Star As Built certification in 2026.