7.2 GRI INDEX

STANDARD

DISCLOSURE STANDARD DISCLOSURE TITLE 2018 WESTFIELD SUSTAINABILITY REPORT PAGE

NO.

SPECIFIC STANDARD DISCLOSURES

Westﬁeld Corporation sustainability pillar: The Marketplace

Sub‑categories: Economic

Aspects: Economic performance

DISCLOSURES ON MANAGEMENT APPROACH

G4‑DMA Economic Performance:

a) Why this is material and the impact that makes it material

b) How organisation manages it or its impacts

c) Management approach, including:

• Mechanisms for evaluating its effectiveness

• Results of the evaluation

• Any related adjustments to the management approach

5.4 Marketplace 56‑60

ECONOMIC PERFORMANCE

G4‑EC1 • Direct economic value generated

• Revenues

• Economic value distributed:

• Operating costs

• Employee wages and beneﬁts

• Payments to providers of capital

• Payments to government (by country)

• Community investments

• Economic value retained (calculated as ‘Direct economic value generated’ less

‘Economic value distributed’)

5.4 Marketplace

Direct Economic Value Generated in 2017 (US $M) Revenues – 2118.3

Operating Costs – (937.5)

Employee Wages and Beneﬁts – (339.8)

Payments to providers of Capital – (817.8)

Payments to government (by country): (121.2)

Community Investments: (4.0)

Direct Economic Value Retained: (102.3)

Westﬁeld Corporation | Sustainability Report 2018 | 84