Our Approach

Following a comprehensive review of our 2013 sustainability strategy, we introduced our 2019 sustainability framework, supplemented by our Net Zero Carbon Pathway. The objective of these documents is to ensure that our business is resilient and responsive to changing stakeholder expectations and future events. It is fully aligned to our corporate vision, mission and purpose and centred on the delivery of specific objectives spread over three key priority areas which enable us to effectively manage the ESG issues which are material to our business.

Sustainability Strategy Framework

Net Zero Carbon Pathway

Sustainability Review 2021

ESG Highlights

During the year to 31 March 2021, we continued to build on our strong track record of sustainability achievements, despite the challenges posed by Covid-19. We are particularly proud to report that:

  • Our score in the 2020 Global Real Estate Sustainability Benchmark (‘GRESB’) improved from 75 to 77, allowing us to achieve a 4-star rating for the first time, and place us in the top 40% of the reporting entities
  • Landlord-controlled energy consumption decreased by 16.4% on a like-for-like basis compared to our new baseline year 2019/20
  • Landlord-controlled like-for-like carbon emissions are down by 22% against our new baseline year of 2019/20
  • Increased utility data coverage has been achieved across the board, with a particular focus on tenant energy, GHG emissions and water use
  • Measures have been put in place to ensure the continuity of our 100% zero-carbon electricity procurement status when new assets are acquired whilst we continue to seek ways to further reduce carbon at our developments
  • We continue to support health and wellbeing at our sites and secured mental health first aid training for our building staff in 2020

We work in partnership to deliver high quality, innovative, sustainable solutions that provide the best environment for businesses to thrive.

Tom Elliott
Property Director and Head of Sustainability