Woodbourne Capital Management International LP
Climate Impact & Sustainability Data (2022-2023)
Reporting Period: 2022-2023
Environmental Metrics
ESG Focus Areas
- Environmental
- Social
- Governance
Environmental Achievements
- 28% seasonal gas savings across three buildings (Liberty House, The Brixton, and Litho) from October 2023 to March 2024, resulting in 394 tonnes of CO2e carbon savings.
- 62% reduction in water consumption at Foundry 1805 over six months.
- Two additional assets achieved BOMA BEST certification.
Social Achievements
- Net Promoter Score of +40.
- Introduction of five new sustainability subcommittees.
- 100% of employees completed anti-bias, DEI foundations training.
- Over 1,500 toys collected for children in need during the Holiday Toy Mountain Toy Drive.
- Over 2,700 pounds of clothing collected for donation to New Circles.
Governance Achievements
- Became a UNPRI signatory.
- Significant improvement in 2023 GRESB performance (14-point increase, 23% improvement).
- Achieved Certified B Corporation designation.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- 20% overall reduction in energy usage across Woodbourne’s portfolio by 2030.
- 20% overall reduction in property-level GHG emissions across Woodbourne’s portfolio by 2030.
- 20% overall reduction in water usage for Woodbourne’s portfolio by 2030.
Short-term Goals:
- 100% of Woodbourne portfolio operating assets data tracked by 2025.
Environmental Challenges
- Data gaps and accuracy issues in utility data.
- Challenges in collecting data from individual tenants in multifamily, retail, and industrial properties.
Mitigation Strategies
- Engaged submeter specialists and third-party software providers for data collection.
- Incorporated green lease language into standard lease contracts to encourage tenant participation.
Supply Chain Management
Responsible Procurement
- Sustainable Design Guidelines for new developments.
- Prioritizing low-carbon materials.
Climate-Related Risks & Opportunities
Physical Risks
- Flood
- Fire
- Earthquakes
- Heat stress
- Hurricanes and typhoons
- Sea level rise
- Water stress
Transition Risks
- Regulatory changes
- Market shifts towards a low-carbon economy
Opportunities
- Development of energy-efficient buildings
- Implementing resilient design strategies
Reporting Standards
Frameworks Used: GRI G2021, TCFD
Certifications: BOMA BEST, LEED Gold
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Certified B Corporation