Picton Property Income Limited Sustainability Report 2021

PictonProperty Income Limited Sustainability Report 2021

38

Stakeholder Engagement

Introduction

Approach

Environmental Focus

Sustainable Buildings

Our Employees

Appendix

Stakeholder Engagement Workingwith our stakeholders continued Supplier and contractor responsibility We have in place a framework for conducting business across the Group, in a way that makes a positive contribution to society whileminimising any negative impact on people and the environment.

We expect high standards within both our business and from our suppliers. We are committed to conducting our business in a fair and honest manner and ensuring our suppliers operate in an ethical way and share our business principles in observing relevant laws and regulations. We have in place a Supplier Code of Conduct. This is designed to promote safe and fair working conditions and the responsible management of social, ethical and environmental issues in our supply chain. We are committed to ensuring that there is no slavery or human trafficking in our supply chains or in any part of the business. Our Modern Slavery Act Statement sets out our values and we expect our suppliers to share these. We are continuously seeking to improve our policies and procedures in respect of the protection of human rights and prevention of modern slavery. We seek to maintain productive and long-term relationships with our business partners and suppliers.

We have continued to roll out our Supplier Code of Conduct this year, now covering all of our principal suppliers as well as any new suppliers we are engaging with. All suppliers have published or stated an approach which is consistent with our values.

Please see our Supplier Code of Conduct available onwebsite

In addition to contractors and building advisers, we work with commercial property agencies, who provide valuation, lease brokerage and lease advisory services across our portfolio. The firms we use for valuation and lease advisory services are regulated by the Royal Institution of Chartered Surveyors (RICS) and our instructions are managed by Chartered Surveyors. For lease brokerage services our advisers are required to comply with the Consumer Protection Act (formerly Property Misdescriptions Act) and abide by the RICS Code of Leasing Conduct.

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