PictonProperty Income Limited Sustainability Report 2021
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SustainableBuildings
Introduction
Approach
Environmental Focus
Our Employees
Stakeholder Engagement
Appendix
Sustainable Buildings Ensuring buildings exceed expectations continued
Sustainable buildings The experience of the past year has reinforced the importance of providing buildings and spaces that exceed expectations in terms of amenities, safety, accessibility and connectivity. Our approach to portfoliomanagement continues to ensure our buildings are sustainable, monitoring data collection andmanagement and certification standards.
Datamanagement We recognise that it is important to be transparent on sustainability issues, so that our stakeholders can make informed decisions. In addition, it is important we ensure our data collection and management is in line with best practice to assist with our GRESB and EPRA reporting requirements, and also with a view to implementing our pathway to net zero carbon in due course. With this in mind we have worked with our property managers at CBRE to install automatic meters wherever possible. We also have a bespoke data collection template which allows us to capture information throughout the year, thus allowing more time for quality assurance at year-end. We continue to make use of the CBRE centralised Fabriq data management and reporting system. This now has added functionality to enable direct reporting on to the GRESB platform. For Scope 3 data we continue to liaise directly with our occupier contacts to establish their energy usage, and collect waste management data, along with general sustainability issues. Whilst this reporting year has been challenging we expect the approach will continue to allow us greater insight into our occupiers’ activities in the future. ESG audits We carry out ESG audits on selected buildings each year to identify ways of reducing energy consumption and increasing efficiency in areas including energy usage, water consumption and waste production. During this year three
audits were undertaken at our multi-let office assets at Grafton Gate, Milton Keynes, Pembroke Court, Chatham and Atlas House, Marlow. These identified a number of recommendations for improvements which will result in a reduction of energy usage and cost savings. The recommendations include improved lighting and plant control systems, upgrades to plant equipment and Building Management System improvements. Projects identified at two of the sites equated to total savings of almost 100 carbon tonnes and £40,000 per annum. We will work with our occupiers to examine the findings of the ESG audits and implement improvements. Sustainable refurbishments In partnership with our building advisers, we implemented a sustainability focused set of guidelines for refurbishment projects to ensure that sustainability is at the heart of our design process. These guidelines provide advisers and designers with a clear understanding of our requirements for space that meets the needs of both current and future occupiers. The guidelines are customised based on the level of work required (such as new build, major and minor refurbishment, and minor works) and reflect the following aspects of a refurbishment project: – Building Certification and rating, such as BREEAM, Fitwel – Services, covering ventilation, lighting, heating and cooling, and building management strategies – Structures and fabrics with consideration given to the carbon cost of building materials
– Energy and resource efficiency, covering renewable energy, green walls, and roofs – Landscaping including biophilic designs – Technology including smart building capability
– Net zero carbon asset review – Supplier codes of conduct
Levels of commitment and expectations will vary depending on the type of project, and each individual area has a defined set of standards and expectations at each stage of the project works. This tool will allow for a clearly documented process that supports our ongoing sustainability strategy and help guide our suppliers and contractors.
Please refer to our sustainable refurbishment guidelines on our website
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