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PRI reporting framework 2020

You are in Direct - Property » Post-investment (monitoring and active ownership) » Property developments and major renovations

Property developments and major renovations

PR 11. Proportion of developments and refurbishments where ESG issues were considered

11.1. Indicate the proportion of active property developments and major renovations where ESG issues have been considered.

(by number of active property developments and refurbishments)

11.2. Indicate if the following ESG considerations are typically implemented and monitored in your property developments and major renovations.

11.3. Additional information. [Optional]

Each time we have contemplated a facility or farm block redevelopment since the inception of our funds, we have done it with the goal of improving both of the efficiency and resilience -- and thus the ESG performance -- of the asset. These projects have included building material and paint choices in a fruit packing facility we redeveloped in one location; energy efficiency and energy management upgrades in a facility in another location; high-efficiency irrigation systems across our entire business; design of an operations facility for zero waste-focused material handling; upgrades of employee wellbeing facilities at key operations sites; and ongoing evaluation of new renewable energy projects.