Climate Change Data

Environmental Metrics

ESG Focus Areas

• GHG emissions
• Energy management
• Biodiversity and land-use
• Climate change
• Water and wastewater management
• Green building and energy certifications
• Supply chain management
• Customer/tenant engagement
• Business ethics
• Corporate governance
• Local communities
• Labor Practices
• Occupational health and safety
• Diversity and inclusion

Environmental Achievements

• 285 MW renewable energy capacity added in 2022
• 463 total green building and energy certificates achieved
• 84% of construction waste diverted from landfills at two sites in Spain
• 700 MW of solar energy capacity installed

Social Achievements

• 1,292 individuals received health and safety training
• 6,510 workplace health and safety checks and audits performed
• $1.6 million donated to charitable organizations or through our foundation
• $3.02 million spent on local community development programs
• 100% of tenants were covered in tenant satisfaction surveys

Governance Achievements

• Communicated anti-corruption policies to 100% of GLP employees
• Zero cases of fines or non-monetary sanctions recorded

Climate Goals & Targets

Environmental Challenges

• Climate change risks impacting assets and operations
• Reducing carbon emissions across portfolio
• Managing water consumption in water-stressed areas

Mitigation Strategies

• Climate risk assessment and scenario analysis
• Life-cycle assessments (LCA) for new developments
• Investment in energy-efficient measures and renewable energy
• Water conservation projects in new developments
• Smart meters to monitor energy and water consumption

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• ESG policy integration into contractor management and procurement processes
• Background checks for new suppliers
• 100% of procurement budget spent on local suppliers in China

Climate-Related Risks & Opportunities

Physical Risks

• Tropical cyclones
• Heatwaves
• River flooding
• Drought
• Sea level rise

Transition Risks

• Carbon pricing
• Building codes and standards
• Investor expectations
• Green Finance
• Digitalization and Proptech
• Consumer preference
• Renewable energy growth

Opportunities

• Development of energy-efficient products
• Renewable energy generation

Reporting Standards

Frameworks Used: GRI Universal Standards 2021, TCFD

Certifications: LEED, BREEAM, ENERGY STAR

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• ToppBase CRBM sustainable pavement

Awards & Recognition

• ENERGY STAR Certification Nation
• Green Lease Leaders Gold recognition

Environmental Metrics

ESG Focus Areas

• Greenhouse gas emissions and energy management
• Climate change
• Water and wastewater management
• Green building and energy certifications
• Customer engagement
• Business ethics
• Corporate governance
• Supply chain management
• Labour practices
• Occupational health and safety and well-being
• Diversity, equity, inclusion and belonging
• Preserving natural ecosystems, biodiversity and land-use
• Local communities

Environmental Achievements

• 12 Life Cycle Assessments (LCAs) completed, bringing the total to 55 since 2019
• 312 kg CO2eq/m² average embodied carbon for new developments
• 55 kg CO2eq/m² GHG operational emissions intensity of our assets
• 61 assets with rooftop solar PV, corresponding to 53MW installed capacity and 49GWh of generating capacity
• 75% of GFA covered by an EPC (Energy Performance Certificate) with energy class B or above
• 6 UK net zero buildings at construction aligned with the UKGBC Net Zero Carbon Buildings Framework Definition and verified by Planet Mark
• 6094 trees planted during 2023 in our new developments
• 16.2 MWp photovoltaic (PV) roof installation at G-Park Zevenaar, projected 78,227 tonnes of CO₂ reduction over 25 years
• 100% of on-site electricity needs from renewable sources in Poland

Social Achievements

• 83% engagement score registered in the annual colleague satisfaction survey
• 247 community engagement programmes delivered
• €166,673 raised during Charity Giving Day in collaboration with 57 different local charity entities
• 150 colleagues volunteered 570 hours across various charitable activities
• 0 lost day rate
• 38% women colleagues
• 29 nationalities across our colleagues

Governance Achievements

• 100% of our colleagues received training on Business Ethics
• 100% of new General Contractors screened using GLP’s pre-qualification questionnaire (PQQ) prior to contract signing
• Zero cases of non-compliance with environmental laws and regulations

Climate Goals & Targets

Environmental Challenges

• Data collection challenges due to dispersed systems and functions
• Climate change risks impacting supply chains, infrastructure, and communities
• Need to enhance supply chain human rights due diligence

Mitigation Strategies

• Investment in technologies to facilitate data gathering and reporting
• Proactive incorporation of climate change risk assessments into business
• Establishment of decarbonisation targets for Scope 1, 2 and 3 emissions
• Implementation of climate adaptation measures across assets
• New project launched in 2023 to strengthen supply chain human rights due diligence

Supply Chain Management

Supplier Audits: 100% of new General Contractors screened using a PQQ

Responsible Procurement

• GLP Construction Procurement Policy emphasizing carbon footprint, embodied carbon, circularity, health and well-being, and ethics and governance

Climate-Related Risks & Opportunities

Physical Risks

• Extreme rainfall flooding
• Heat island effect
• Extreme summer temperatures

Transition Risks

• Regulatory changes
• Market shifts

Opportunities

• Development of energy-efficient products
• Renewable energy initiatives

Reporting Standards

Frameworks Used: GRI Standards, TCFD, Science Based Target initiative (SBTi), Carbon Risk Real Estate Monitor (CRREM), UN Global Compact, IFRS S2 Climate-related Disclosures

Certifications: BREEAM, DGNB, LEED, Planet Mark

UN Sustainable Development Goals

• SDG 7
• SDG 8
• SDG 9
• SDG 12
• SDG 13
• SDG 15

GLP Europe's commitment to affordable and clean energy, decent work and economic growth, industry innovation and infrastructure, responsible consumption and production, climate action, and life on land.