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Bridges Fund Management

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]

We have developed specific frameworks for new property developments and major renovations, including residents / occupants easy user guides to enable them to operate their properties more efficiently and in an environmentally friendly way

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.

A guidance for tenants to reduce their environmental footprint was produced and during the reporting year we circulated to tenants a MOU referencing ESG uses. As landlords, we have set monetary targets to run energy consumption from common areas of buildings and also to reduce tenants' consumption via the incorporation of energy efficiency and renewable energy. c.28% of our leases/licenses incorporate clauses relating environmental data (utilities). On these leases, the landlord and tenant share utilities consumption information.