McKay Securities

Sustainability Targets



Targets for 2018/19

Building on the great work undertaken over the last year the Group has set itself the following targets to financial year to March 2019:

Managing Sustainable Buildings
Target Deadline
Electricity consumption: Achieve a 12% reduction in like-for-like landlord controlled electricity consumption relative to a 2015/16 baseline. March 2019
Gas consumption: Achieve a 12% annual reduction in like-for-like landlord controlled gas consumption (adjusted for heating degree days) relative to a 2015/16 baseline. March 2019
Carbon emissions: Achieve a 12% reduction in like-for-like landlord controlled carbon emissions, against a 2015/16 baseline. March 2019
Water consumption: Achieve a 9% reduction in like-for-like landlord controlled water consumption, against a 2015/16 baseline. March 2019
Waste: Maintain 100% of operational waste diverted from landfill for landlord managed portfolio. March 2019
Waste: Increase the recycling rate across all properties for which the Group has management control to 48% by March 2019, in line with 'Good Practice' according to the Real Estate Environmental Benchmark (REEB). March 2019
Pilot an innovative energy-saving technology at one of the Group’s major energy consuming assets. March 2019
Pilot an innovative water-saving technology at one of the Group’s major water consuming assets. March 2019
Continue to review EPC risk associated with new purchases and create improvement plans for any asset with an E rating or below, to bring it up to at least a D. March 2019
Roll out phase two of the Group's Renewable Energy Review Strategy, which will involve conducting detailed studies into the feasibility of incorporating solar PV panels at five properties, and then select at least one property at which to take forward an installation subject to commercial viability. March 2019
Continue to ensure compliance with the Group’s Responsible Procurement Policy through the agreed annual auditing process.. March 2019
Creating Sustainable Buildings
Target Deadline
Continue to monitor the compliance of contractors with McKay's Sustainability Requirements for Development and Refurbishment Projects, ensuring that sustainability is consistently integrated as part of the tendering process. March 2019
Ensure all new developments and major refurbishments achieve minimum BREEAM Excellent and an EPC rating of at least B. March 2019
Follow up on the results and recommendations of the post-occupancy evaluation of Prospero, Redhill, to ensure that all aspects of operational performance meet design intent. March 2019
Engaging Stakeholders
Target Deadline
Maintain or enhance GRESB performance relative to 2017. March 2019
Hold a minimum of three sustainability related CPD sessions to increase awareness of key issues amongst employees. March 2019
Continue to organise annual sustainable building tours to inform and inspire employees. March 2019
Include information about asset’s sustainability, including energy efficiency and health and wellbeing features, within marketing materials, highlighting their benefits to occupiers. March 2019
Introduce building awards/competition to encourage uptake of sustainability practices amongst tenants. March 2019

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