2 min read 7 May 21
Our approach to sustainability within our real estate portfolio is to create and manage exceptional places that enrich the lives of people and communities to deliver long-term value for our investors, society and the environment. We focus on environmental excellence; health, well-being and occupier experience; and contributing to communities and society. Each of our funds has objectives to deliver positive environmental and social value opportunities across our portfolio, and we gather metrics to evidence improvements and outcomes. Improving the environmental performance of our buildings is a top priority for us, and this requires good data. Having an accurate understanding of energy and carbon use across our real estate portfolio means we can analyse performance, identify where improvements are required and track progress to our goals. We are also focusing on achieving independently verified Green Building Certification across our estate, and when available, net zero building certification.
Through our Asia Property Fund we are funding the development of an office campus for Surbana Jurong, one of Asia’s largest urban and infrastructure consulting firms. Due to complete in 2021, the campus has been designed as a ‘holistic green building’, ensuring it is environmentally less impactful, highly energy, water and resource efficient and enhances the wellness and productivity of occupants. The campus is designed to deliver a 40% (4,800MWh/year) saving in net energy consumption against the baseline requirement through the use of features such as photovoltaic solar panels to meet 4% of total building energy consumption. While efficient water management systems, including rain gardens and bio-swales should save 36,500m3 of water per year. The project is one of the first to achieve a Platinum (Super Low Energy) rating under Singapore’s BCA Green Mark programme for environmentally sustainable buildings.