We are focused on reducing the environmental impact of our business and assets. We believe that it is an important driver to becoming the leading UK multi-let industrial (‘MLI’) business and that we can use our expertise in asset management to help our tenants reduce their energy consumption and costs and offer environmentally friendly solutions and services.
We are currently working towards producing a roadmap with potential targets for carbon and waste reduction as well as environmentally friendly initiatives for implementation across our MLI portfolio in the UK.
Our focus on improving the energy performance of our buildings as measured through the new Energy Performance Certificate (‘EPC’) requirements. We strive to ensure all our buildings have a minimum EPC rating of E or higher for vacant units and are implementing measures to achieve this such as replacing conventional light bulbs with LED bulbs.
We are also constantly monitoring and seeking to roll out other initiatives that will help reduce our carbon footprint. We are currently assessing the feasibility of installing solar panels on certain assets and assessing other means to provide cheaper electricity from renewable sources. We believe solar panels could help reduce our carbon footprint and provide cheaper electricity from a renewable source to the occupiers.
We are also exploring options to install electric charging units on our assets given increasing demand from users of electric vehicles.