McKay Securities

Sustainability Targets



Targets for 2017/18

Building on the great work undertaken over the last year the Groups has set itself the following targets for 2017/18:

Managing Sustainable Buildings
Target Deadline
Electricity consumption: In 2017/18 achieve a 4% reduction in like-for-like landlord controlled consumption relative to a 2016/17 baseline. Achieve a 16% reduction by the end of March 2020 relative to a 2015/16 baseline. March 2018
Electricity consumption: Achieve a 16% reduction by the end of March 2020 relative to a 2015/16 baseline. March 2020
Gas consumption: In 2017/18 achieve a 4% annual reduction in like-for-like landlord controlled consumption (adjusted for heating degree days) relative to a 2016/17 baseline. March 2018
Gas consumption: Achieve a 16% reduction by the end of March 2020 relative to a 2015/16 baseline. March 2020
Carbon emissions: In 2017/18 achieve a 4% annual reduction in like-for-like landlord controlled emissions relative to a 2016/17 baseline. March 2018
Carbon emissions: Achieve a 16% reduction by the end of March 2020 relative to a 2015/16 baseline. March 2020
Water consumption: In 2017/18 achieve a 3% reduction in like-for-like landlord controlled consumption against a 2016/17 baseline. Achieve a 12% reduction by the end of March 2020 relative to a 2015/16 baseline. March 2018
Water consumption: Achieve a 12% reduction by the end of March 2020 relative to a 2015/16 baseline. March 2020
Waste: Maintain 100% of operational waste diverted from landfill for landlord managed portfolio. March 2018
Waste: In 2017/18 increase recycling rate across all properties for which the Group has management control to 44%. March 2018
Waste: By March 2020 improve the recycling rate to 52%, in line with the Real Estate Environmental Good Practice Benchmark (REEB). March 2020
Continue to implement energy and water efficiency measures at the Group’s major energy and water consuming assets. March 2018
Continue to review EPC risk associated with new purchases and prioritise improvement works for any asset with an E rating or lower. Also consider D rated assets. March 2018
Explore the feasibility of incorporating on-site renewable energy at a minimum of one of McKay Securities’ operational assets. March 2018
Conduct a review of major operational material spend categories and investigate establishing minimum sustainability procurement requirements based on the results March 2018
Creating Sustainable Buildings
Target Deadline
Continue to monitor the compliance of contractors with development sustainability requirements and ensure that sustainability is consistently integrated as part of the tendering process. March 2018
Ensure all new developments and major refurbishments achieve minimum BREEAM Excellent and an EPC rating of at least B. March 2018
Include information about assets' sustainability and health and wellbeing features within marketing materials, highlighting their benefits for occupiers. March 2018
Pilot a post-occupancy sustainability assessment of either 9 Greyfriars, Reading or Prospero, Redhill with one tenant who has been in place for a minimum of six months. March 2018
Engaging Stakeholders
Target Deadline
Maintain or enhance GRESB performance relative to 2016. March 2018
Hold a minimum of three sustainability related CPD sessions to increase awareness of key issues amongst employees. March 2018
Continue to organise annual sustainable building tours to inform and inspire employees. March 2018
Develop and publish stakeholder engagement policy. March 2018
Introduce building awards/competition to encourage uptake of sustainability practices. March 2018

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