Environmental Sustainability

Environmental Sustainability

We work hard to ensure that our local communities which we serve are better places to be for all. Our commitment is to reduce our impact on the environment in the three key areas of waste, water and energy. In addition, we continue the focus on reducing the carbon footprint of our properties. We have long recognised that any development activity should mirror this and have proactively ensured we minimise energy consumption and mitigate the effects of climate change throughout the design and refurbishment of our centres.

 

Highlights from 2017

      • Retained the Global Real Estate Benchmark (GRESB) Green Star Status
      • Reduced CO2 emissions by 12% and water consumption by 6%
      • Retained the Best in Carbon Management Award in October 2017
      • Diverted 98% of waste from landfill and 96% recycled back to the supply chain
      • Launched Evora environmental reporting platform across all centres to assist in monitoring, reporting and targeting usage reductions

 

Priorities for 2018

        •  Reduce CO2 by 4%
        • Reduce our water consumption by 1%
        • Retain GRESB Green star rating
        • Establish a robust strategy across the car parks for electrical vehicle charging using smart technologies

Enviromall

EnviroMall is the first partnership accreditation scheme developed specifically for shopping centres to monitor and reduce environmental impact.

Read more

2017 EPRA Performance Reporting

 

 Scope 1&2 Mandatory Reporting* 2015** 2016** 2017
Emissions      

Scope 1 tCO2e

Scope 2 tCO2e

1,386

11,720

1,201

10,571

1,161

8,833

Intensity      
Scope 1 & 2 kgCO2e/sqft 3.05 2.36 2.05

*Scope definitions:
Scope 1: Direct GHG emissions from controlled operations (natural gas consumption)
Scope 2: Indiect GHG emissions from the use of purchased electricity, heat or steam (electricity consumption)

**2015 and 2016 figures have been restated where material changes were subsequently identified.

Approach

The reported CO2 emissions for 2017 have been produced with reference to the Greenhouse Gas Protocol. The reporting boundary has been defined using the operational control approach, reporting emissions for operations in which Capital and Regional have control. It does not account for GHG emissions from operations in which it owns an interest but has no operational control. Energy use from metered sources identified as fully controlled by third parties (e.g. tenants) have also been excluded.

Scope 1 emissions account for total gas consumption of Capital and Regional. Emissions from emergency equipment (e.g. standby generators) have been deemed deminimis and therefore are not included in the reported figures. Scope 2 emissions account for the total electricity purchased by Capital and Regional.

Actual invoice data and site consumption logs have been used for reporting wherever possible, however some data has been estimated where required. It should be noted that the Scope 1 and Scope 2 emissions (where stated in tCO2e) are absolute values. The 2015, 2016 and 2017 figures are not necessarily directly comparable due to changes in emission factors, and the Capital and Regional property portfolio included in the boundary. The reported emissions represents the best information available at the time of issue (16/02/2018).