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Corporate Responsibility Report 2008

Liberty International PLC ranks as a sector leader in Corporate Responsibility management.

We work with partners in all aspects of our business and are proud to extend this to our community support programme.

Sustrans Launch at Ryton Junior School Gateshead

Our seventh Corporate Responsibility (CR) report contains information on the full range of CR initiatives carried on throughout the Liberty International group and should be read in conjunction with the 2008 Annual Report for detailed information on how the group addresses corporate governance including information on compliance with the Combined Code on Corporate Governance.

Our report covers activities for the year to 31 December 2008, although most of the shopping centre statistical information is for the 12 months to 30 September 2008. In compiling this report, we have informally applied best practice guidance, including that from the Global Reporting Initiative (GRI-G3), Association of British Insurers (ABI), Department of the Environment, Food and Rural Affairs (DEFRA) and Business in the Community (BiTC).

Environmental success

Dow Jones Sustainability Indexes

Environment

We became members of the Dow Jones sustainability Indexes. We also reduced the carbon footprint of our UK shopping centres by 7% and for the first time recycled more waste than was sent to landfill at our UK shopping centres. Go to the Environment section.

Reaching new heights

Michelle Moffitt at Base Camp Mount Everest

People

Michelle Moffitt took on the challenge of a lifetime, trekking from Lukla, Nepal to Base Camp at Mount Everest to raise money for Breast Cancer Campaign. Our Staff Recognition Fund added £1,000 to the funds raised.See the case study.

Kick off at Harmony Row

Sir Alex Ferguson at Harmony Row Braehead

Community

Sir Alex Ferguson found a level playing field at Harmony Row. Capital Shopping Centres donated land and assistance to ensure the provision of new facilities afor the youth club at which Sir Alex began his football career. See the case study.

Highlights

  • Expanding programme of support for community projects at our shopping centres and Covent Garden
  • £1,075,000 community support at our UK shopping centres
  • Retailer handbooks distributed to all retailers in our directly managed shopping centres
  • 26 focus group sessions at 6 shopping centres to establish quality of service provided
  • Carbon footprint for UK shopping centres reduced by 7%
  • Travel Plans published for 9 out of 10 directly managed centres
  • Greater volume of waste generated at UK shopping centres recycled (42%) than sent to landfill (37%)
  • Continuing excellent health and safety record (44 reportable incidents across over 229m annualised customer visits - zero amongst staff).
  • 4,510hours of staff time spent on local community activities

Contact

We would welcome your feedback on our CR report.

Please send your comments to:

Alexander Nicoll

Director of Corporate Responsibility

Liberty International PLC

40 Broadway

London SW1H 0BT

Telephone: +44 (0)20 7960 1200

Email: feedback@lib-int.com

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