Land Securities is pleased to announce the release of its Responsible Property Investment Policy. The Policy sets out how they comprehensively assess sustainability criteria as part of their pre-acquisition due diligence. Not only have they outlined the metrics they evaluate, but they have explained why these are important to their business and stakeholders.
Land Securities' approach and the performance metrics assessed are structured around each of their key priority areas:
Creating jobs and opportunities
• Local community relationships, reporting requirements, Local Authority requirements
Efficient use of natural resources
• Energy (electricity and gas) and water supplies and use
• Building operation control measures
• Onsite renewable energy generation
• Past carbon reporting
• Energy Performance Certificates (EPCs)
• Leak detection
• Water harvesting
• Waste management and recycling
• Contaminated land (including radiation) and hazardous materials
• Flood risk assessment and existing control measures
• Customer travel and transport facilities
• Present ecology (i.e. protected or invasive species) and biophilia
Sustainable design and innovation
• Existing building certifications / ratings (BREEAM, LEED, SKA, WELL, etc.)
• Embodied carbon assessments
• Indoor and outdoor air quality, ventilation, daylighting and lighting, acoustics, thermal comfort, amenities
• Green clauses in leases
Land Securities are excited about the future and believe that their approach enables them to be agile in responding to acquisition opportunities.
Click here for the Responsible Property Investment Policy.
This piece was originally posted on the Land Securities website here.