Europa Capital

Climate Impact & Sustainability Data (2021)

Total Carbon Emissions:6039 tonnes CO2e

Scope 1 Emissions:1811 tonnes CO2e

Scope 2 Emissions:4228 tonnes CO2e

Renewable Energy Share:17%

Total Energy Consumption:28288 MWh

Water Consumption:160407 m³

Waste Generated:3075 tonnes

Quarterly environmental performance data collection (energy, water, waste) for all landlord supplies across all assets
Completed a review of automated meter reading (AMR) infrastructure for landlord-controlled supplies across the portfolio
Approved net zero carbon commitment to be net zero by 2030 for Scope 1 and 2 emissions and 2040 for Scope 3 emissions
All landlord supplies in the portfolio that are not on a green tariff have been put on a transition plan
Renewable energy feasibility studies have been completed across the EDIF Dutch logistics portfolio
BREEAM In-Use certifications obtained for assets in the EDIF Dutch logistics portfolio
WiredScore Platinum achieved for The Clerys Building Dublin and Olympia, LEED ‘Gold’ for Olympia and BREEAM Major Refurbishment ‘Very Good’ for Brädstapeln 13, Sweden

Tenant engagement survey issued to maintain distribution of the survey to 100% of the tenants in the portfolio
ESG training has been delivered to all Europa Capital team members
An employee engagement survey was issued in 2021 to all team members
Continued to enhance health and wellbeing through our corporate benefits package
Uptree Europa Capital Work Experience Day (Online- 10th November 2021) with 24 students attending from 20 schools

Building Sustainability Assessment Toolkit (BSAT) due diligence assessments were completed for all acquisitions across the portfolio in 2021
Enhanced Building Sustainability Assessment Toolkit (BSAT) due diligence process to include considerations of physical and transitional risks for all acquisitions
Physical risk screenings completed for all new acquisitions
Sustainable Asset Management Plans are developed and used to track ESG improvement measures identified and implemented for each asset for all funds
GRESB completed for all funds and improvements achieved in the scores across all continuing submissions

Medium-term Goals:

Short-term Goals:

Achieve 100% energy data coverage (by floor area) for landlord managed assets (within 24 months of acquisition)
Achieve 60% energy data coverage (floor area) for tenant procured supplies (within 24 months of acquisition)
Distribute tenant engagement surveys to 100% of tenants

Fluctuations in utility usage due to the impacts of COVID-19 and the subsequent impacts on building occupancy and use
Data gaps in some cases requiring estimations for energy consumption data

Exploring and rolling out automatic utility monitoring technology across the portfolio to improve data coverage, quality, and performance monitoring capability
Implementing Sustainable Asset Management plans (SAMs) for buildings within our portfolio
Building Sustainability Assessment Toolkit (BSAT) due diligence assessment reports are completed for all acquisitions

Sustainable procurement strategies to help reduce negative environmental and health impacts

Frameworks Used: GRESB, UN PRI

Third-party Assurance: EVORA

Europa Diversified Income Fund achieved a 4-star rating in the 2021 GRESB benchmark
Europa Generation Student Fund awarded Peer Group Leader for UK Residential Student Housing