BNPPRE, as our managing agents, are responsible for post- investment activity. Property Managers, as part of their role, are expected to implement BNPPRE's integrated strategy into their day to day activities. They are supported by a dedicated Sustainability Team who assist to identify opportunities/risks, provide advice and quality assure any potential initiatives. Sustainability Action Plans are developed for specific properties to include (where appropriate) energy/carbon, water, waste, green transport, biodiversity. The Facilities Management service includes wider community interaction as part of considerations. BNPPRE, as our third party agents, monitor ESG performance in our supply chain.
During the reporting year, we have appointed an ESG Coordinator as a fully outsourced ESG function that covers the full property lifecycle. This aims to enhance ESG performance across all of our property funds through the proactive interpretation of existing and new environmental legislation, the development, promotion and adoption of leading ESG standards and performance, and through ensuring that relevant stakeholders are engaged and informed.