A review of a new reporting framework, conducted by the Community Housing Industry Association, has found that community housing providers in Australia are adopting higher social, environmental and governance standards.
The first annual review revealed fewer complaints and more green spaces in community housing, but highlighted the need for better carbon emissions reporting and First Nations representation in leadership roles.
The framework, based on data from 14 housing organisations managing 44-thousand properties, has driven energy efficiency upgrades such as solar installations and insulation improvements.
While progress has been made to the quality and sustainability of community housing, the report noted that public and private investment was crucial to address the housing crisis, and meet the demand for 36-thousand affordable homes annually.
The Review also suggested that Australia’s 3.5-trillion-dollar superannuation system could be better utilised to meet community housing demand in Australia.