ISPT regularly reviews asset performance (financial, environmental and social/customer) and reports on this to the senior leadership team and Board.
In addition, ISPT engages tenants by holding Environmental Management Plan meetings with tenants, property managers and where appropriate, contractors on a regular basis. These meetings discuss key information on the environmental performance of the property including, but not limited to, sustainability ratings (Green Star and NABERS Energy, Water and IE Ratings) as well as information on potential/current pilot programs. We have joint initiatives with many tenants to reduce the total footprint on the environment.
Moreover, key service providers, including the outsourced property management model, have Key Performance Indicators included in their contracts outlining the ESG metrics. ISPT also has procurement guidelines in place to ensure ethical process are adopted in the tender, selection, and management of contractors working on our assets.