PictonProperty Income Limited Sustainability Report 2021
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Approach
Introduction
Environmental Focus
Sustainable Buildings
Our Employees
Stakeholder Engagement
Appendix
Voluntary reporting Approach Our approach to sustainability continued
We recognise that it is important to be transparent on sustainability issues, so that our stakeholders canmake informed decisions. We continue to report to EPRA and GRESB.
GRESB
EPRA
To increase our transparency, we started reporting to GRESB in 2017. We used our first year to benchmark where we were in the market and to establish the appropriate strategy for improvement. Over the last three years, we have put several initiatives in place to improve our score, including data collection, policy documentation and data accuracy. For 2020, GRESB introduced a new scoring methodology, making comparison with previous years more difficult. We improved our score in 2020, achieving a score of 65 and two Green star status, seeing an increase of four points overall, ahead of 2019 and surpassing our peer group average. The GRESB tables in the Appendix show how we have improved year-on-year and compared to our peer group. In 2021 we aim as a minimum to maintain our two Green star status and have identified areas where we can improve our score in the future.
The European Public Real Estate Association (‘EPRA’), is a non-profit association representing Europe’s publicly listed property companies. Through responding to EPRA, we are promoting sustainability within our property life cycle, while also identifying opportunities for further improvements relating to sustainability regulations and initiatives. We continue to expand the scope of our reporting and have improved our score year-on-year. 2019 saw us achieve a Gold award for the first time, in line with our ESG actions, targets and strategy and we maintained this award in 2020.
Read more on pages 42–56
Read more on pages 42–56
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