Climate Change Data

Environmental Metrics

ESG Focus Areas

• Climate Change
• Energy Efficiency
• Tenant Relations
• Governance

Environmental Achievements

• Launched energy-related retrofits including roof insulation improvements, window replacements, and switching from oil-fuelled heating systems to more sustainable options.
• Developed a plan to reduce CO2 emissions by 55%.

Social Achievements

• Recruited a Construction and ESG specialist to improve ESG profile.
• Launched a feasibility study to install photovoltaic panels.

Governance Achievements

• Established an ESG Policy and ESG Directive approved by the Board of Directors.

Climate Goals & Targets

Environmental Challenges

• High energy consumption and CO2 emissions in older buildings.
• Need to improve overall ESG rating, particularly in the environmental dimension.

Mitigation Strategies

• Energy retrofits and renovations.
• Implementation of photovoltaic panels.
• Switching to more sustainable heating systems.
• Improving water efficiency.
• Installing electric charging stations.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Prioritizing ecological building materials in renovations.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Minergie® (40% of portfolio)

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Environmental
• Social
• Governance

Environmental Achievements

• 80% of investments were A-rated and 17% were B-rated according to JSS Sustainability Matrix, indicating above-average ESG profile. 96% of investments were environmentally sustainable.

Social Achievements

• 48% of investments were socially sustainable investments. Engagement with companies to foster sustainable practices.

Governance Achievements

• Exclusion of issuers with E, S, or G scores below -2 standard deviations from sub-industry average. Alignment with OECD Guidelines for Multinational Enterprises and UN Guiding Principles on Business and Human Rights.

Climate Goals & Targets

Environmental Challenges

• Limited data availability for accurate EU Taxonomy alignment calculation.
• Determining taxonomy-alignment of sovereign bonds.

Mitigation Strategies

• Continuous review of EU Taxonomy alignment as data availability improves.
• Using proprietary JSS Sustainability Matrix for ESG assessment and investment decisions.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: EU Taxonomy, UN SDGs, OECD Guidelines for Multinational Enterprises, UN Guiding Principles on Business and Human Rights, UN Global Compact

Environmental Metrics

ESG Focus Areas

• Sustainable Agriculture
• Climate Change
• Biodiversity
• Responsible Land Use
• Human Rights
• Supply Chain Sustainability

Environmental Achievements

• Supporting agroforestry initiatives to enhance carbon sequestration and biodiversity.
• Promoting the use of AI in agriculture to optimize resource use and minimize environmental impact.
• Advocating for the transformation of agricultural waste into energy sources like biogas and biofuels.

Social Achievements

• Engaging with companies to improve working conditions for farm workers and reduce child labor.
• Promoting the adoption of alternative proteins to reduce the environmental impact of food production.
• Supporting responsible cocoa production through pilot projects with Barry Callebaut.

Governance Achievements

• Active stewardship and engagement with companies to improve ESG practices in the agricultural value chain.
• Participation in collaborative investor networks like FAIRR and Nature Action 100 to drive positive change.
• Advocating for the adoption of the Taskforce on Nature-related Financial Disclosures (TNFD) framework.

Climate Goals & Targets

Environmental Challenges

• Feeding a growing global population while mitigating the environmental impact of agriculture.
• Climate change impacts on agricultural productivity (extreme weather, soil degradation).
• High greenhouse gas emissions from animal agriculture.
• Food waste and loss.
• Shortage and rising cost of manual labor in agriculture.
• Intensive use of fertilizers and pesticides.
• Deforestation and biodiversity loss due to agricultural expansion.

Mitigation Strategies

• Promoting agroforestry, precision agriculture, and AI-powered solutions.
• Encouraging the use of alternative proteins and reducing reliance on animal-based products.
• Transforming agricultural waste into energy sources.
• Improving water management strategies and resource efficiency.
• Advocating for responsible land use and sustainable farming practices.
• Active stewardship and engagement with companies to improve ESG performance.
• Investing in research and development for more efficient and sustainable agricultural technologies.

Supply Chain Management

Responsible Procurement

• Supporting responsible cocoa production
• Engaging with companies to improve supply chain sustainability

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events disrupting agricultural productivity

Transition Risks

• Regulatory changes impacting agricultural practices

Opportunities

• Development of sustainable agricultural technologies

UN Sustainable Development Goals

• SDG 1: No Poverty
• SDG 2: Zero Hunger
• SDG 13: Climate Action
• SDG 15: Life on Land

Initiatives contribute to these goals by promoting sustainable agriculture, reducing food waste, mitigating climate change, and protecting biodiversity.

Sustainable Products & Innovation

• Alternative proteins
• Biofuels from agricultural waste