A significant challenge for our business has been the need for a broader set of environmental targets to capture the Group’s operations, as much activity to date has been driven by our UK programmes. In recognition of this, the Corporate Property team engaged international colleagues during an Environment, Health and Safety Council meeting in Chicago and established a global framework, detailing a roadmap to 2020 covering energy, water, waste, building sustainability standards, procurement and ecology in our operations in the UK, Asia and North America. We believe this approach better reflects the way our business is managed and recognises the different market dynamics and maturity of environmental improvement across our regions. This framework can be accessed here.
M&G Real Estate have environmental performance targets and KPIs for the investment portfolio. These are reported in their annual Responsible Property Investment Report and can be accessed here.