Climate Change Data

Environmental Metrics

ESG Focus Areas

• Governance
• Social
• Environmental

Environmental Achievements

• Company's carbon dioxide emissions are below the German average with over 85% of energy generated from renewable sources.

Social Achievements

• Implemented a comprehensive Health & Wellbeing Policy for employees.
• Sirius Facilities GmbH (German subsidiary) is a member of the "Diversity Charter".
• Supports community and sporting events and sponsors an international exchange program.

Governance Achievements

• Embedded corporate governance in compliance management with corporate guidelines for employees and business partners.
• Established a Whistleblowing Policy, Anti-Bribery and Corruption Statement, Modern Slavery Statement, and Supplier Code of Conduct.
• Board oversees ESG program and shareholder interests, complying with FCA, JSE, and relevant governance codes.

Climate Goals & Targets

Environmental Challenges

• Reducing CO2 emissions further, despite already being below the German average.
• Improving energy efficiency of older light industrial sites.

Mitigation Strategies

• Improving energy efficiency of buildings when acquiring and upgrading older sites.
• Recycling and upgrading unused space using best practices in health and safety, fire safety, and recycling.
• Sustainable strategy of maintaining and refurbishing existing buildings to minimize urban sprawl.
• Using sustainable materials when purchasing them.
• Conducting extensive environmental due diligence when acquiring properties.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Floods
• Droughts
• Heat waves
• Extreme weather events

Environmental Metrics

ESG Focus Areas

• Climate Change
• Biodiversity
• Workforce Diversity & Wellbeing
• Community Investment

Environmental Achievements

• Achieved net zero emissions for Scope 1 and 2 in Germany.
• 32.3% of waste recycled in Germany, 64.6% converted to energy, only 3.1% to landfill.
• 37,200 sqm of green space converted to wildflower meadows in Germany.

Social Achievements

• Launched PRISMA program to hire refugees in Germany.
• Annual employee survey with 89.2% response rate for Sirius and 87.3% for BizSpace.
• 581 hours of charity work by German colleagues.

Governance Achievements

• Published first ESG Report.
• Established dedicated internal ESG team.
• Updated governance documents to align with ESG framework.

Climate Goals & Targets

Environmental Challenges

• Higher interest rate environment.
• Geopolitical uncertainty.
• Cost-of-living challenges in UK and Germany.
• Inflationary pressures.
• Supply chain disruptions.

Mitigation Strategies

• Strong balance sheet.
• Experienced management team.
• Long-term strategic view.
• Early refinancing of debt facilities.
• Focus on organic growth.
• Asset recycling program.
• Engaging with suppliers for stable pricing.
• Bulk purchasing power.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Wildfire
• Inland flood
• Cyclone
• Water stress
• Heatwave
• Sea level rise

Transition Risks

• Policy and regulation changes
• Cost of capital
• Cost of energy and carbon
• Reputational risks

Opportunities

• Energy efficiency improvements
• On-site renewable energy generation
• Development of sustainable products and services

Reporting Standards

Frameworks Used: TCFD, GRI, UNGC

Certifications: DGNB Gold (Berlin office), Achilles Carbon Reduce Certification (Germany & UK)

Third-party Assurance: Achilles

UN Sustainable Development Goals

• Goal 7: Affordable and clean energy
• Goal 9: Industry, innovation and infrastructure
• Goal 11: Sustainable cities and communities
• Goal 13: Climate action

Initiatives contribute to these goals through emissions reduction, renewable energy use, sustainable building practices, and community engagement.

Awards & Recognition

• Green-BIM Award 2022

Environmental Metrics

ESG Focus Areas

• Climate Change
• Social Impact
• Governance

Environmental Achievements

• Maintained net zero emissions in Germany for Scope 1 and 2 emissions.
• Achieved carbon neutrality in the UK for Scope 1 and 2 emissions.
• Set an ambition to reduce Scope 3 carbon emissions intensity per square meter by 45% by 2030.

Social Achievements

• Delivered 1,580 days of training across the Group.
• Launched PRISMA program supporting refugees in Germany.
• Launched Prakti-Match program promoting internships.

Governance Achievements

• Completed first full submission to CDP.
• Commenced a new ESG materiality assessment.
• ESG is linked to executive remuneration.

Climate Goals & Targets

Environmental Challenges

• Higher interest rate environment.
• Geopolitical uncertainty.
• Uncertainty over German and UK economic growth.
• Scope 3 emissions accounting for over 98% of total emissions.

Mitigation Strategies

• Refinancing of secured lending facilities.
• Focus on driving rental income growth and defending asset values.
• €165.3m capital raise.
• Asset recycling program.
• Development of decarbonisation pathway to 2030.
• Collaboration with tenants on decarbonisation efforts.

Supply Chain Management

Responsible Procurement

• Supplier Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Wildfire
• Cyclone
• Water stress
• Heatwave
• Sea level rise

Transition Risks

• Policy and regulation changes
• Cost of capital
• Cost of energy and carbon
• Stakeholder concerns

Opportunities

• Energy efficiency and electricity generation
• Increased demand for low-carbon buildings and services

Reporting Standards

Frameworks Used: TCFD, GRI, SBTi, CRREM

Certifications: ISO 14064-1:2018, ISO 14064-3:2019

Third-party Assurance: Achilles, Toitū Envirocare

Sustainable Products & Innovation

• Smartspace flexible workspace

Awards & Recognition

• Green-BIM Award 2022