Inspiring a brighter future through sustainable real estate investments.
The real estate industry we operate within is inextricably linked to wider society. An Environmental, Social and Governance Strategy for a real estate portfolio is essential to ensure the buildings we control are fit for the future.
A holistic approach to each of these elements is critical to ensure the assets in which we invest, manage, develop and trade leave a positive impact on the environment and the wider society now, and in the future.
ESG STRATEGY | 6 DEFINING PRINCIPLES
Our ESG strategy encompasses six defining principles, guiding the way we invest, develop and manage real estate.
Climate & Environment
We are taking meaningful steps towards having a net zero portfolio, ensuring our workspaces are resilient and fit for the future. We work with our partners and supply chains to rationalise our use of resources, reducing fossil fuel dependency and carbon-intensive materials.
Health & Wellbeing
We operate high-quality buildings which foster healthy lifestyles, placing occupier wellbeing at the forefront of our spaces. Our attention focuses on key indicators including air quality, temperature control, exercise, amenity provision and natural light.
Governance
Our governance strategy covers key themes to ensure the business is responsible, compliant, and resilient. Regular training combined with transparent reporting allows the team to deliver strong performance for investors whilst supporting environmental and social betterment.
Climate & Environment
We are taking meaningful steps towards having a net zero portfolio, ensuring our workspaces are resilient and fit for the future. We work with our partners and supply chains to rationalise our use of resources, reducing fossil fuel dependency and carbon-intensive materials.
Health & Wellbeing
We operate high-quality buildings which foster healthy lifestyles, placing occupier wellbeing at the forefront of our spaces. Our attention focuses on key indicators including air quality, temperature control, exercise, amenity provision and natural light.
Governance
Our governance strategy covers key themes to ensure the business is responsible, compliant, and resilient. Regular training combined with transparent reporting allows the team to deliver strong performance for investors whilst supporting environmental and social betterment.
Connectivity & Tech
Technology & real estate are interlinked, not only supporting the running of the building, but enhancing the user experience. The adoption of technology is critical to collecting accurate data, helping with our science based target submissions and driving energy intensity reductions.
Natural Capital
Changes in land use are one of the most destructive reasons for the dramatic loss in plant and animal species. We are working with University of East London’s Ecology team to understand each ecosystem within the assets we manage and how we can preserve and enhance them throughout the business plan
Local Community
We are committed to understanding our role as a stakeholder in the local community, contributing to social betterment and promoting diversity and inclusion across our portfolio.
Connectivity & Tech
Technology & real estate are interlinked, not only supporting the running of the building, but enhancing the user experience. The adoption of technology is critical to collecting accurate data, helping with our science based target submissions and driving energy intensity reductions.
Natural Capital
Changes in land use are one of the most destructive reasons for the dramatic loss in plant and animal species. We are working with University of East London’s Ecology team to understand each ecosystem within the assets we manage and how we can preserve and enhance them throughout the business plan
Local Community
We are committed to understanding our role as a stakeholder in the local community, contributing to social betterment and promoting diversity and inclusion across our portfolio.
ACHIEVEMENTS
Commitment to achieve net zero upfront carbon for all major development projects and net zero carbon in operation for areas of direct control by 2030.
Science based targets show organisations how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to prevent the worst effects of climate change. We are retrofitting our assets to collect accurate data, ready to formally submit our SBT commitment.
We were successful in winning the Brent Design Award in 2023 for our development on Lonsdale Road in Queens Park, with the judges commenting on the attention to the circular economy and use of low embodied carbon materials.
Queens Park was shortlisted for the placemaking award for the work done to Lonsdale Road, including achieving planning consent for a comprehensive public realm scheme and long-standing support to the local food bank charities.
Commitment to achieve net zero upfront carbon for all major development projects and net zero carbon in operation for areas of direct control by 2030.
Science based targets show organisations how much and how quickly they need to reduce their greenhouse gas (GHG) emissions to prevent the worst effects of climate change. We are retrofitting our assets to collect accurate data, ready to formally submit our SBT commitment.
We were successful in winning the Brent Design Award in 2023 for our development on Lonsdale Road in Queens Park, with the judges commenting on the attention to the circular economy and use of low embodied carbon materials.
Queens Park was shortlisted for the placemaking award for the work done to Lonsdale Road, including achieving planning consent for a comprehensive public realm scheme and long-standing support to the local food bank charities.
CASE STUDIES
Studio 5
Ground up ESG development
Our projects are designed to create a highly efficient, sustainable building with occupier wellbeing at the heart of the development. To achieve that aim, we use independent certification and objective metrics.
• Operational & Embodied carbon
• Operational Energy – 110 kWhe/CO2/m2/GIA
• Upfront Embodied Carbon – 501kg/CO2/m2/GIA
• Whole-life carbon
Mosaic East
Retrofit First
• 1960’s 190,000 sqft office in the heart of East Croydon
• Comprehensive refurbishment of office floor plates, common parts, WCs, receptions, centralised plant and tenant amenity
• Adopted retrofit first approach to re-use the skeleton of the building, saving significant embodied carbon
• Worked in partnership with Love Design Studio & Oktra to scrutinise material selection, prioritising the circular economy
• Studies have set out a pathway to turning off gas boilers by Q1 2024 (100% electric)
• Improved EPC from a D to a B, along with achieving Ska Gold rating, Wiredscore Platinum and Air Rated Gold
• Delivery of Grade A office space, attracting new tenants to the asset as well as retaining existing occupiers
Food bank
Community Engagement
• Partnership with Queens Park Food Bank initiated during lockdown with a commitment to support free healthy food to two local schools
• Collaboration has continued into 2023, growing to connect the food bank with tenants, encouraging contributions and participation
• Additionally, vacant office space is donated as a vital collection centre, aiding the distribution of food parcel recipients
• Since conception, 1760 food parcels have been delivered to 80 households, equating to roughly 5,500 meals for the local community
“Thank you @Akoyaworklife for helping make it possible to continue our food work since 2020…it would not be possible to attract the same level of food donations without the kind and generous support you’ve been giving”. – Giles Deards – founder Kensal Queens Park Food Bank
Studio 5
Ground up ESG development
Our projects are designed to create a highly efficient, sustainable building with occupier wellbeing at the heart of the development. To achieve that aim, we use independent certification and objective metrics.
• Operational & Embodied carbon
• Operational Energy – 110 kWhe/CO2/m2/GIA
• Upfront Embodied Carbon – 501kg/CO2/m2/GIA
• Whole-life carbon
Mosaic East
Retrofit First
• 1960’s 190,000 sq ft office in the heart of East Croydon
• Comprehensive refurbishment of office floor plates, common parts, WCs, receptions, centralised plant and tenant amenity
• Adopted retrofit first approach to re-use the skeleton of the building, saving significant embodied carbon
• Worked in partnership with Love Design Studio & Oktra to scrutinise material selection, prioritising the circular economy
• Studies have set out a pathway to turning off gas boilers by Q1 2024 (100% electric)
• Improved EPC from a D to a B, along with achieving Ska Gold rating, Wiredscore Platinum and Air Rated Gold
• Delivery of Grade A office space, attracting new tenants to the asset as well as retaining existing occupiers
Food bank
Community Engagement
• Partnership with Queens Park Food Bank initiated during lockdown with a commitment to support free healthy food to two local schools
• Collaboration has continued into 2023, growing to connect the food bank with tenants, encouraging contributions and participation
• Additionally, vacant office space is donated as a vital collection centre, aiding the distribution of food parcel recipients
• Since conception, 1760 food parcels have been delivered to 80 households, equating to roughly 5,500 meals for the local community
“Thank you @Akoyaworklife for helping make it possible to continue our food work since 2020…it would not be possible to attract the same level of food donations without the kind and generous support you’ve been giving”. – Giles Deards – founder Kensal Queens Park Food Bank
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