PictonProperty Income Limited Sustainability Report 2021
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Appendix
Introduction
Approach
Environmental Focus
Sustainable Buildings
Our Employees
Stakeholder Engagement
Appendix GRESB and EPRA data continued EPRA commentary
Methodology We have reported on all the emission sources required under the core requirements of the European Public Real Estate Association’s ‘Best Practices Recommendations on Sustainability Reporting’ 2020, and have voluntarily disclosed business travel, occupier and head office consumption (Scope 3) emissions. An operational control approach has been adopted and all of our properties within this scope are included. Figures presented are absolute for utility and waste consumption and relate only to landlord obtained utilities and waste removal. Occupier obtained consumption is included where possible. We have calculated and reported our emissions in line with the GHG Protocol Corporate Accounting and Reporting Standard (revised edition) and used emission factors from the UK Government’s GHG Conversion Factors for Company Reporting 2020. Where data was unavailable in kilogrammes or tonnes for waste, we used average volumes to convert to tonnes. Intensity measurements are based on the individual property’s Gross Internal Area (‘GIA’), regardless of the specific area served by the supply. This is an accurate way of covering 95% of our consumption but will be less useful for our industrial vacant units, due to the comparatively low consumption and large floor areas typically associated with vacant industrial units.
Third party assurance As a Group we have decided not to seek third party assurance for this Report but we will continue to review this as an option for future reporting years. Segmental analysis As we have an entirely UK based portfolio, we have only segregated our consumption by sector to provide a more accurate comparison between years. Disclosure on own offices In March 2021 we relocated our office to one of our own buildings. Previously we have reported energy and water consumption from data obtained from the landlord, and have continued to do so in this Report for the period up to March 2021. In future, our own energy and water consumption will be extracted from the portfolio data.
We are continually improving the reporting process so that we can continue producing increasingly useful normalisation and intensity metrics. We have continued to voluntarily report on Scope 3 vehicle emissions. Vehicle emissions were calculated using internal expense reports and the vehicle emission factors from the UK Government GHG Conversion Factors for Company Reporting 2020. We have included occupier and own premises consumption within the Scope 3 emissions, using emission factors from the UK Government’s GHG Conversion Factors for Company Reporting 2020. Estimation of landlord obtained utility consumption We count a supply as actual if more than half the year has had actual or customer reads. The amount of consumption which is estimated is detailed as appropriate for each table. Data is only estimated if there is a reliable source to estimate from, such as a change in supplier or known consumption from other periods for the metered supply in question or if the supplier has incorrectly provided consumption figures that end prior to our expected end date.
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