Once a property is acquired, our ESG consultant (C&W's Strategic Energy and Sustainability team) is commissioned to undertake an analysis of the ESG data identifying any limitations, path of progress in increasing data available and, where data is available, setting the baselines for evaluating performance against the various Responsible Investment policy targets over time.
The DTZ Investors Responsible Investment policies are designed to promote sustainability and environmental and corporate social responsibility in ten core areas:
1. Energy efficiency
2. Water efficiency
3. Recycling, waste reuse and reduction of consumption of materials
4. Ground and water pollution
5. Air pollution
7. Flood risk
8. Supply chain management
9. Occupier well-being
10. Impact on local communities
In addition, DTZ Investors undertakes ‘Property Improvement Plans’/ site surveys across the client portfolios as part of an Energy Performance Programme. The improvement plans form part of annual business planning (annual strategies). Site Surveys help identify the most appropriate sustainability improvement initiatives that could be implemented at each building. They identify the potential cost and resource savings estimated to be involved in each initiative suggested, as well as any contribution to the reduction in either energy consumption, CO2 emissions, water usage or waste to landfill.
Any property improvement plans also form the basis for discussion of improvement in technology with tenants when tenants propose replacement or alterations to buildings or plant and machinery.