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PRI reporting framework 2020

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Occupier engagement

PR 12. Proportion of property occupiers that were engaged with

12.1. Indicate the proportion of property occupiers your organisation, and/or your property managers, engaged with on ESG issues during the reporting year.

(in terms of number of occupiers)

12.2. Indicate if the following practises and areas are typically part of your, and/or your property managers’, occupier engagements.

12.3. Additional information. [Optional]


PR 13. Proportion of green leases or MOUs referencing ESG issues

13.1. Indicate the proportion of all leases signed during the reporting year that used green leases or the proportion of Memoranda of Understandings (MoUs) with reference to ESG issues.

(in terms of number of leases or MoUs)

13.2. Additional information.

All new and renewed leases have a sustainability schedule included within the lease with the exception of a few large retailers who currently have 10-20 year leases with options to renew on the same terms, which have not expired yet. We reviewed our green lease provisions in September 2016 to be in line with the Better Buildings Partnership 'silver' standard.

Our standard green lease provisions cover tenant and landlord expectations around:

  • Cooperation and works - environmental initiatives, enabling upgrades, collaboration, fitouts and social initiatives.
  • Management and consumption - energy, water, waste, IAQ management, transport, cleaning and procurement.
  • Reporting and standards - information sharing, performance ratings, standards, metering and comfort.

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