Indicate the proportion of property assets for which your organisation, and/or property managers, set and monitored ESG targets (KPIs or similar) during the reporting year.
Additional information. [Optional]
The fund managers submit an environmental report to the investment committee and board of directorsw annually. This report outlines the status of the portfolios as well as possible initiatives relating to specific properties, where investments in new solutions/technology can result in better energy efficiency and cost savings/better working environment for the tenants. The investments required by such initiatives are sought financed through changes to the rent levels to the mutual benefit of both the tenants and the owner. The strategy is to have reports on all properties and to implement energy saving initiatives across the entire portfolio. This is a work in progress, where the investment team are reviewing the portfolios property by property.