Governance
Financial Statements
Additional Information
Strategic Report
Decarbonisation and protecting habitats
Healthier, safer and more resilient communities
We seek to support charities which: / Drive positive social change / Respond to specific local needs / Create a positive community impact / Are committed to improving the local area We continue to offer our occupier led charitable matched giving initiative, whereby our occupiers are invited to apply for a donation of up to £100 per year to boost their fundraising efforts for a registered UK charity. This year, we were delighted to extend our charity partnerships and begin working with Youngwilders, a not-for-profit community interest company which formed to accelerate the rewilding of the UK with youth- led nature recovery projects. A key element to Youngwilders’ approach is involving young people in the nature recovery movement, providing people ages 18–30 with practical experience and opportunities to feel more connected to nature. We look forward to working with Youngwilders to support their progress and exchange advice on biodiversity within our portfolio. We continue to support The Funding Network, Coram, The Fostering Network and Future Youth Zone through our established charity partnerships. We do this through providing regular funding, volunteers and event spaces where required. We also continue to support LandAid annually through their Christmas Card Alternative campaign. This year, the team spent some time volunteering at Coram’s central London facility, helping to prepare outside space on their campus grounds for an adoption activity day. Coram’s adoption days are crucial for children from a neglected background to potentially be matched with their future families. The space is also used for creative therapies, to support the children post-adoption.
/ Our Picton Promise brings together the five main commitments to our occupiers: Action, Community, Technology, Support and Sustainability / We continue to maintain a strong health and safety record across all our buildings / We have trained our employees in areas including the Building Safety Act, first aid, asbestos management, regulatory defensibility and RAAC awareness / We contribute to safer communities through investment in security and surveillance technology on our sites / We have conducted a series of investor and occupier sustainability briefings to share knowledge and help drive change in the industry / We have supported occupiers to create a community support group at our Business Park in Colchester / Our occupier app provides a platform for us to communicate with our occupiers and share community initiatives
/ We have committed to be net zero carbon for operational and embodied emissions by 2040 / During the year, we saw a 16% reduction in absolute Scope 1 and 2 emissions compared to 2019 baseline / We also saw a 53% reduction in Scope 2 energy intensity compared to 2019 baseline / We have now installed solar panels at ten of our buildings, with further feasibility studies underway across the portfolio / We continue to improve the EPC profile of our portfolio, with 80% now rated A–C by ERV / We are committed to continuing to improve our overall energy data coverage / In 2024 we published our Biodiversity Policy / We have installed beehives, bat and bird boxes and bug hotels across our sites where appropriate / We continue to evolve our approach to landscaping to promote wild vegetation / In 2024, we partnered with Youngwilders, a community interest company who will help us gain a greater understanding of biodiversity issues generally and at some of our sites By adhering to this framework, and through continuous collaboration, innovation, and evolution, we aim to foster sustainable communities, demonstrate our environmental commitment, and create a long- lasting positive impact on society. Charitable giving and partnerships This year, we supported 15 charities and donated a total of £25,000. In accordance with our Charitable Giving Policy, our objective is to invest in our communities at a grassroots level, aiming to make a positive difference to the local areas in which our occupiers operate. This is achieved either through providing benefits directly to local areas or supporting local people with services or activities.
15 Charities supported
Picton Property Income Limited / Annual Report 2024
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