Picton Property Income Limited Sustainability Report 2021

PictonProperty Income Limited Sustainability Report 2021

16

Approach

Introduction

Environmental Focus

Sustainable Buildings

Our Employees

Stakeholder Engagement

Appendix

Approach Our sustainability approach in action

Sustainable thinking, collaborative action. Working with our occupiers to progress sustainability priorities at 401 Grafton Gate, Milton Keynes.

– Sharing information on suspected Covid-19 cases and protocols in place – Future sustainability initiatives such as electric car charging points and other occupier facilities – Service charge proposals The audio visual facilities installed in the reception area provide us with the ability to promote sustainability, engage with our occupiers and display information for occupiers including; – News, promotions and sustainability initiatives – Environmental and energy information i.e. waste and recycling performance, electricity consumption, solar panel conversion performance, biodiversity initiatives – Charity events and local fundraising community initiatives Energymonitoring Energy consumption is monitored constantly. Information taken from electricity meters throughout the building is measured every 30 minutes and compares consumption against a building baseline and industry standards. This information is shared with occupiers and forms the basis for discussion on measures to reduce consumption and cost. Through adjusting various control levels, hours of operation and encouraging occupiers to change some of their practices it was possible to reduce overall consumption by -37% during 2020.

Improving facilities for our occupiers During 2019 and 2020 we carried out a substantial refurbishment of the communal areas of the building including the reception, lift lobbies and toilets. As well as improving the appearance and amenities, we included many sustainability focused initiatives such as: – Energy efficient LED lighting introduced in all areas – More amenity space created, including brighter and more open entrances – New touch-free taps installed in toilets, improving hygiene and energy efficiency – New low water use toilets installed – Improved ventilation installed in the atrium – Reception facilities improved, including a new digital display to present information on sustainability initiatives

Occupier engagement To overcome communication challenges presented by the Covid-19 pandemic our managing agents hosted fortnightly virtual meetings with occupiers throughout 2020 and early 2021. These helped create a sense of community amongst occupiers, managing agents and ourselves and became an important forum for sharing the latest information. A range of topics were covered including: – Reoccupation guides and building risk assessments – Measures taken to keep occupiers safe and well – Occupier plans for operating in the building and controlling employee numbers on site – Social distancing measures, cleaning and hygiene practices, reducing touch points and extra signage – Taking advantage of reduced occupancy to undertake essential maintenance and improvements

Generating energy on site Solar panels were installed on the roof of the building in 2016. They currently produce around 35,000 kWh resulting in an annual saving of approximately £5,000. This is around 20% above initial projections with much higher than forecast generation particularly during the summer months. Future proposals We are currently investigating the feasibility of creating new cycle and shower facilities in place of the current refuse storage building located in the car park which can be easily relocated. There is much interest from occupiers in electric car usage and as part of our overall car charging point strategy we are looking at the installation of several chargers on site.

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