ESG considerations in property investment are integrated throughout the investment process, from sourcing, to DD, ownership, and exit. During the sourcing process we look for class B or class A type properties and thus exclude most properties that are more harmful to the environment. During the DD process we use our proprietary ESG DD tool, developed by the ESG team together with our Real Estate Asset Management team, to complete an ESG assessment, identify and mitigate material ESG risks.
With the launch of our climate change strategy this year, we integrated questions related to climate risks and impacts into our ESG assessment tool. This is particularly relevant for our property investments, given their potential vulnerability to physical climate risks, as well as their impact on climate change through resource consumption.
During due diligence, we assess various aspects of a particular asset's ESG performance, including, for example, adherence to any sustainability standards, past legal or regulatory fines, and community outreach programs. This process also enables us to prioritize ESG value creation projects post-acquisition such as improving the properties' lighting and HVAC units.
This year, we engaged closely with the property Asset Management team to identify an energy management provider that we can use to consistently track properties' energy usage. We will roll this out to our entire actively-managed portfolio in 2020. In addition, we now leverage the information we have collected for many years in our annual ESG KPI survey and report publicly on these KPIs through our annual Corporate Sustainability Report. We use this information to work with our asset management team to prioritize ESG projects in their portfolio.