Climate Change Data

Northwest Healthcare Properties REIT

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:126,653 tCO2e (2021)
Scope 1 Emissions:9,713 tCO2e (2021)
Scope 2 Emissions:37,582 tCO2e (2021)
Scope 3 Emissions:77,911 tCO2e (2021)
Renewable Energy Share:Not disclosed
Total Energy Consumption:398,508 MWh (2021)
Water Consumption:2,177,027 m3 (2021)
Waste Generated:13,499 tons (2021)
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Collected 77% of energy utility data across the portfolio (93% at landlord-controlled properties, 66% at tenant-controlled properties)
  • Collected 76% of water data across the portfolio
  • Collected 46% of waste data across the portfolio
  • Completed energy audits at 100% of landlord-controlled properties outside of Europe
  • Completed new solar renewable energy installations at four locations in Australia and New Zealand, producing 1,250,379 kWh of renewable energy

Social Achievements

  • Conducted first global tenant satisfaction survey
  • Launched a global three-week “Health is Wealth” Mental Wellness Challenge
  • Implemented LinkedIn Learning platform for employee development
  • Adopted company-wide volunteer policy with two paid days off for full-time employees

Governance Achievements

  • Updated ESG policy
  • Established a Sustainability Committee
  • Submitted first reportable submission to GRESB (score of 62)
  • Vital Healthcare Property Trust achieved a 5-Star ESG rating through GRESB and a B- (Management score) through CDP

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions by 2050
Medium-term Goals:
  • Reduce GHG emissions by 80% by 2050 from 2022 baseline
Short-term Goals:
  • Increase overall energy data coverage to 80%
  • Reduce energy consumption by 2% annually
  • Reduce water consumption by 1% annually
  • Achieve 20% annual waste diversion rate

Environmental Challenges

  • Lower-than-expected response rates to tenant and employee surveys
  • Data gaps in energy, water, and waste data collection
  • Challenges in obtaining data from tenant-controlled properties
  • Managing climate-related risks across a geographically diverse portfolio
Mitigation Strategies
  • Implementing strategies to improve data collection and reporting
  • Working with tenants to increase data sharing
  • Developing and implementing a global tenant sustainability guide
  • Incorporating climate risk management into investment decision-making
  • Implementing mitigation strategies for high-risk properties

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement
  • Not disclosed

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events
  • Flooding
  • Heat stress
  • Wildfires
  • Tropical cyclones
Transition Risks
  • Increasing energy costs
  • Changes in regulations
  • Reputational risk
Opportunities
  • Development of energy-efficient buildings
  • Increased demand for sustainable healthcare facilities

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001 (implied), Green Star, Energy Star, BREEAM-In-Use

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed