ESG

Reducing our footprint

MATERIAL ISSUES

  • Energy and carbon
  • Circular economy (waste and resource management)

Reducing our footprint

LONG-TERM OBJECTIVE

  • Increasing energy and resource efficiency (landlord and occupier)
  • Reducing waste and resource consumption

ROADMAP ACTIONS

  • Report landlord-obtained utilities consumption and establish a baseline
  • Conduct environmental audits at assets with the highest energy and carbon impact to identify cost‑effective opportunities to improve performance through operational expenditure and capital expenditure
  • Provide guidance for asset and property management teams to improve efficiencies covering common areas/shared services
  • Align construction material procurement and waste disposal practices consistent with target BREEAM achievement level
  • Integrate materials selection and embodied carbon analysis as part of the scoping exercise for net zero carbon

HOW WE WILL TRACK OUR PERFORMANCE

  • Asset energy consumption and associated GHG emissions (absolute, like‑for-like and intensities)
  • Utilities costs and cost savings
  • Occupier surveys
  • Proportion of construction waste recycled/diverted from landfill
  • Proportion of construction materials with recycled inputs
  • Average embodied carbon of materials and new developments