Climate Change Data

Environmental Metrics

ESG Focus Areas

• Sustainable Planet
• Healthier Lives
• Stronger Communities
• Future Skills

Environmental Achievements

• Developed over £2bn of assets across 70+ transactions since 2012, delivering attractive investment returns alongside positive social and environmental outcomes.

Social Achievements

• Investing in property assets that make a positive impact on people’s lives, including providing high-quality, accessible services and accommodation, supporting economic regeneration in deprived areas; much-needed sustainable and lower-cost residential accommodation; environmentally-led refurbishments; low or Net Zero Logistics units; and high-quality accommodation for older or underserved populations.

Governance Achievements

• Requires JV partners and property-backed operating businesses to agree to JV Partner Minimum Standards and Supplier Code of Conduct, setting out minimum ESG and impact requirements.

Climate Goals & Targets

Environmental Challenges

• Buildings and construction are responsible for roughly 40% of global carbon emissions.
• Climate change risks (flooding, overheating)
• Regulatory risks
• Market risks
• Obsolescence and depreciation of assets

Mitigation Strategies

• Integrating impact considerations early in the process to optimize design and avoid costly revisions.
• Resilience and Climate Change assessments at due diligence and project development stages.
• Designing and managing projects to respond to occupants’ changing circumstances.
• Employing cost-effective sustainable technologies and measures.
• Sustainability workshops and stage reviews to agree on targets and benchmarks.
• Peer review by Bridges to ensure consistency of application of suggested actions and strategies.

Supply Chain Management

Responsible Procurement

• JV Partner Minimum Standards and Supplier Code of Conduct
• Sustainable purchasing / responsible sourcing (consideration of EPA1, ISO 20400, BS EN ISO 14001, BES 6001)

Climate-Related Risks & Opportunities

Physical Risks

• Flooding
• Overheating

Transition Risks

• Regulatory changes
• Market shifts

Reporting Standards

Frameworks Used: UN Sustainable Development Goals (SDGs)

Certifications: BREEAM (minimum Very Good / Excellent rating), Home Quality Mark (4 stars minimum), LEED (minimum Gold rating), WELL Building Standard™ (minimum Gold rating), Fitwel (2 stars minimum)