Climate Change Data

סלע קפיטל נדל"ן בע"מ

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Implemented a corporate governance improvement plan based on recommendations from Entropy Corporate Governance Consulting and ISS Corporate Solutions.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Continue investing in acquiring income-generating properties, primarily office, commercial, and industrial/logistics buildings.

Environmental Challenges

  • Potential economic slowdown impacting property values and returns.
  • Reduced capital and debt fundraising in the Israeli capital market.
  • Increased construction costs due to inflation and interest rates.
  • Potential oversupply of rental spaces.
  • Uncertainty regarding the interpretation of regulations for real estate investment trusts (REITs).
  • Potential loss of REIT status due to non-compliance with regulations.
Mitigation Strategies
  • Diversified geographic and sectorial portfolio of properties.
  • Strong financial position with low leverage and long-term debt.
  • Unencumbered properties.
  • Index-linked rental agreements.
  • Proactive engagement with regulatory authorities.
  • Continuous monitoring of compliance with REIT regulations.

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

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Not disclosed

Environmental Achievements

  • Not disclosed

Social Achievements

  • Not disclosed

Governance Achievements

  • Established anti-corruption training for all employees; Implemented a formal process for appointing external directors; Strengthened and diversified the board composition; Instituted communication processes with the capital market and enhanced transparency; Formalized the work processes of the board and its committees; Defined and formalized the responsibilities of office holders and the information flow process in the organization; Increased the scope of the audit; Anchored the existing strategy in a formal process with board accompaniment.

Climate Goals & Targets

Long-term Goals:
  • Not disclosed
Medium-term Goals:
  • Not disclosed
Short-term Goals:
  • Continue investing in the acquisition of income-generating properties, primarily office buildings, commercial buildings, and industrial and logistics buildings; Explore business opportunities for acquiring income-generating properties from other sectors as well.

Environmental Challenges

  • Economic slowdown in Israel and the real estate market; Reduced demand for rental spaces, particularly from high-tech companies; Increased competition in the real estate market; Geopolitical instability and security concerns; Rising interest rates and inflation; Uncertainty regarding the continuation, intensity, and consequences of the war; Potential for oversupply of office spaces leading to decreased occupancy rates and rental prices.
Mitigation Strategies
  • Geographic and sectoral diversification of assets; Strong financial position with low leverage and long average debt life; Unencumbered assets; Proactive engagement with tenants to secure long-term leases and adjust rental rates; Implementation of an internal enforcement plan for securities; Development of a methodological process for ESG aspects; Data collection and reporting mechanisms to monitor environmental and social impacts.

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