Picton Property Income Limited Annual Report 2023

Strategic Report


Financial Statements

Additional Information

Better Buildings Partnership The Better Buildings Partnership (BBP) is a collaboration of the UK’s leading commercial property owners. We joined the BBP in 2020 and are a signatory to the BBP Climate Commitment. This year we have continued to participate in the working group for the ESG Training Course for Real Estate Professionals, developing new elective modules. This year we have also reported our portfolio’s energy data in the BBP Real Estate Environmental Benchmark for the first time. Policies We have in place an overriding sustainability policy. This sets out our approach to sustainability issues and how they are embedded into all of our activities. We believe that a responsible and ethical approach to business is essential for the benefit of all our stakeholders and within our policy we seek to: ‒ Meet the highest standards of corporate governance ‒ Tackle environmental challenges ‒ Provide safe and sustainable buildings for our occupiers ‒ Focus on our employees ‒ Engage with all our stakeholders Our Responsibility Committee guides, defines and leads our focus on these priorities. Our sustainability policy is supported by specific sustainability strategies and initiatives including: ‒ Net zero carbon pathway ‒ Community and Social Value Policy ‒ Charitable Giving Policy

Data management We are committed to the responsible and secure handling of data and our data management practices adhere to relevant regulatory requirements. We strive to provide timely and accurate data to our stakeholders, in a format that is easily understandable. We continuously evaluate and enhance our data reporting processes to meet the evolving needs of our stakeholders. Recognising how important being able to use accurate energy data is to achieve our sustainability objectives, we have taken steps during the year to broaden our understanding of energy use at our buildings. We are now implementing a data management and monitoring system designed to help real estate stakeholders gain a better understanding of their sustainability performance and achieve their sustainability goals. For Scope 3 data, we have increased our dialogue with our occupiers on sustainability and energy management and have improved the level of energy data sharing as part of this, either through obtaining data directly from occupiers or by installing a link to their meters to receive energy data automatically.

‒ Modern Slavery Statement ‒ Supplier Code of Conduct ‒ Sustainable Refurbishment Guidelines

All our ESG Policies are set out on our website

 Picton Property Income Limited  Annual Report 2023


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