Environmental Disclosures

Portfolio Utility Data 2021

1) to be allocated upon completion based on tenant occupational use

2) All new builds (as of March 2022) will be realized without gas sourced heating systems where feasible

Source: VGP, 8 July 2022

VGP extrapolates known data for the reporting year to ensure 100% meter completeness and provide a more accurate carbon intensity figure. Due to current data collection processes it is not always possible to collect a full 12 months of data from all the tenants and estimation is required using extrapolation techniques. The 2020 and 2021 datasets do not contain the same properties. The 2021 intensity has decreased due to the data gathering process capturing new buildings based on occupation use (with manufacturing and cooling (retail) warehouses being reported as a separate category).

Data coverage is 58% for electricity, 35% for fuel and 77% for water.

Energy consumption data has been quality reviewed as well as carbon emissions calculations presented below have been third-party validated by CO2Logic based on GHG protocol and compliant ISO 14064.