Climate Change Data

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• PFO₂ is the first SCPI to integrate environmental objectives into its investment and management strategy (since 2009). For each asset acquired within 8 years, the objective is to reduce annual energy consumption by 40% (or reach a threshold of 200 kWhEP/m²/year) and annual water consumption by 30%.
• PERIAL Asset Management participated in the creation of Beeotels, solitary bee hotels, in partnership with BEEODIVERSITY on four sites of the SCPI PFO₂ to improve local biodiversity.

Social Achievements

• Maintained good recovery rates, ensuring the maintenance of dividends.
• Close proximity with tenant companies allowed for support in their recovery.
• More than 120,000 m² were re-rented or renegotiated by teams.

Governance Achievements

• Obtained ISR (Socially Responsible Investment) label for SCPI PFO₂ and SCI PERIAL Euro Carbone in 2020 and SCPI PF Grand Paris in 2022. More than 80% of assets managed by PERIAL AM are covered by the ISR label.
• PERIAL Asset Management is certified ISO 9001 (2015).
• PERIAL is a signatory of the UN Principles for Responsible Investment (PRI).

Climate Goals & Targets

Environmental Challenges

• Uncertainty due to the ongoing Covid-19 pandemic and the war in Ukraine.
• Tenant companies using 'break options' to release space due to evolving work patterns.
• Market uncertainty impacting investment opportunities.

Mitigation Strategies

• Stricter allocation policies and rigorous investment choices.
• Increased focus on asset management, strengthening ties with tenants, and developing ESG approaches.
• Active management of SCPI assets, including divestment of non-strategic assets and restructuring.
• Proactive engagement with tenants to offer tailored solutions and improve retention.

Supply Chain Management

Responsible Procurement

• Use of PEFC-certified paper for annual reports.

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events (flooding, heat waves, etc.)

Transition Risks

• Regulatory changes, market shifts

Opportunities

• Development of energy-efficient buildings

Reporting Standards

Frameworks Used: ISR (French Socially Responsible Investment label)

Certifications: ISO 9001

Awards & Recognition

• Victoire de la Pierre Papier Award for Best ISR-labeled SCPI (2021)
• Top d'Or 2021 Grand Prix du Jury Award for best associate relationship in the Office SCPI category

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Reduced energy consumption by implementing energy efficiency measures and aiming for 40% reduction by 2030.
• 100% of assets monitored for energy consumption and GHG emissions.

Social Achievements

• Launched initiatives to promote employee well-being and ESG training.
• Part of employee variable compensation indexed on ESG criteria since 2021.

Governance Achievements

• Classified EFIMMO 1 as Article 8 under SFDR, demonstrating commitment to improving sustainable performance and transparency.

Climate Goals & Targets

Environmental Challenges

• Supply chain disruptions and high inflation impacting investment decisions.
• Rising interest rates affecting investment volumes.

Mitigation Strategies

• Adjusted investment and management policies to adapt to market conditions.
• Maintained a significant amount of equity for investment opportunities.
• Implemented a selective investment strategy focusing on quality assets and secure rental income.

Supply Chain Management

Responsible Procurement

• Charte distributeur responsable
• Charte fournisseur responsable

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events
• Flooding
• Heat waves

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products and services

Reporting Standards

Frameworks Used: SFDR

Environmental Metrics

ESG Focus Areas

• Socially Responsible Investment
• Energy sobriety

Environmental Achievements

• Dialogue with occupants to reduce energy consumption
• Accelerating deployment of photovoltaic energy production solutions

Social Achievements

• Maintaining a high occupancy rate (97%)
• 5 new leases signed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Energy crisis

Mitigation Strategies

• Dialogue with occupants to reduce energy consumption
• Accelerating deployment of photovoltaic energy production solutions

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• Obtained ISR label for Épargne Pierre SCPI less than 6 months after its creation.

Climate Goals & Targets

Environmental Challenges

• Economic uncertainties

Mitigation Strategies

• Focus on metropolises and their regions, commerces, and alternative assets (business premises, outdoor hotels) for acquisitions.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: ISR