Our Drive

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WHY WE EMBRACE SUSTAINABLE BUILDINGS

Buildings hold a significant role in the global landscape, responsible for over 30% of energy use, approximately 30% of energy-related greenhouse gas emissions, 12% of water consumption, nearly 40% of waste, and employing 10% of the global workforce, as reported by the United Nations Environment Programme in 2016. This unique position presents both a challenge and an opportunity for sustainability, considering their substantial energy and water consumption, as well as emissions and waste production.

We recognize the immense potential for enhancing the sustainability performance of buildings. In the enlightening book "Cradle to Cradle: Remaking the Way We Make Things" by Braungart and McDonough, it is emphasized that buildings offer a genuine opportunity for reducing greenhouse gas emissions through cradle-to-cradle designs in supply chains, property investments, and resource use priorities.

Moreover, addressing sustainability concerns in buildings can positively impact their market values. The study "Green Noise or Green Value?" by Fuerst and McAllister highlights that focusing on sustainability can lead to price premiums, reduced default risk, lower volatility, and slower depreciation rates for properties or portfolios.

In line with our commitment to sustainability, we prioritize Green Building Certification as a vital international standard. The International Finance Corporation's Excellence in Design for Greater Efficiencies (EDGE) certification establishes measurable minimum standards for assets. Our permanent assets will meet a minimum IFC Level 1 EDGE Certified, while newly acquired developments will adhere to a minimum IFC Level 2 EDGE Advanced Certified or equivalent international standards. By embracing these standards, we ensure that our assets contribute to a more environmentally sustainable future.

Through our dedication to sustainable buildings, we aim to create a lasting positive impact on the environment, the communities we serve, and the long-term success of our investment strategy. By harnessing the potential of sustainable building practices, we are actively shaping a more resilient and eco-friendly future for generations to come.

WHY WE FOCUS ON SUSTAINABLE LIVING AND WORKING COMMUNITIES

As we embrace a future where sustainable living and working communities are the norm, we recognize the importance of fostering a sense of community and belonging. Our commitment extends beyond the physical aspects of sustainability, as we aim to create spaces where individuals can thrive, connect, and support one another.

In today's world, where environmental and societal challenges are on the rise, we find sustainable living and working communities to be increasingly vital. According to the World Bank Sustainable Cities and Communities concept, there are compelling reasons why we need to prioritize sustainability in our communities:

Environmental sustainability: Sustainable communities prioritize the efficient use of resources, reduce waste, and minimize the carbon footprint of the community. By promoting sustainable living practices such as recycling, composting, and energy conservation, we reduce our impact on the environment and help combat climate change.

Resilience: Sustainable communities are designed to be resilient in the face of challenges such as natural disasters, economic downturns, and social unrest. By implementing disaster preparedness plans and building infrastructure that can withstand extreme weather events, sustainable communities are better equipped to weather the storms of life.

Inclusivity: Sustainable communities prioritize the needs of all members of society, regardless of their background or socioeconomic status. By providing equal access to services, opportunities, and resources, these communities help bridge the gaps that can exist between different groups of people and create a more cohesive and connected community.

Competitiveness: Sustainable communities are also more competitive in today's global economy. By investing in clean energy, technology, and innovation, these communities create new economic opportunities and attract businesses that value sustainability.

In summary, sustainable communities provide a host of benefits that can improve our quality of life, protect the environment, and boost economic growth. By prioritizing sustainability in our communities, we can create a more equitable, resilient, and prosperous future for all.

Our aim is to fulfil the needs, aspirations, and challenges of our tenants and their communities which are constantly evolving. We achieve this through active engagement and a collaborative approach. This enables us to create sustainability initiatives that are customized to the specific requirements of our tenants, thereby instilling a sense of mutual responsibility towards the environment and social welfare. 

Furthermore, we strive to lead by example, inspiring others within the industry to adopt sustainable practices and make a positive impact. Through knowledge-sharing, partnerships, and advocacy, we actively contribute to the broader movement towards a more sustainable and resilient future for all.

With an unwavering commitment to environmental stewardship, social equity, and economic prosperity, our vision for sustainable living and working communities remains at the heart of everything we do. Together, we can create thriving, inclusive, and regenerative spaces that leave a lasting legacy for generations to come.