1、Responsible Businessand ESG Report 2024Our sustainability performanceResponsible Business and ESG reviewOverview and progress2Environmental5Social12Governance and TCFD disclosure25Performance against targets34External perspective36EPRA sBRP37The Company recognises the need to consider and address al
2、l environmental,social and governance matters relevant to its business.As well as meeting legislation,environmental improvements are starting to translate into real asset value enhancement as occupiers value these improvements more highly than before,and valuers begin to differentiate between assets
3、 based on environmental attributes.Our Responsible Business framework guides us in mitigating climate-related risks,identifying and progressing environmental and stakeholder-related opportunities as well as ensuring a high standard of corporate governance.Responsible Business is embedded across all
4、of our corporate,investment,asset management and development activities.We have shifted our approach from core focus on top down analysis to incorporating bottom up asset-specific risk and opportunity assessment and case-by-case actions.Our Responsible Business and Environmental Policy sets out our
5、approach and ESG targets are set every year.Progress against those targets is monitored at Working Group meetings held monthly and attended by key business representatives and a Board member.ESG performance is reported to the Board at regular intervals with the Audit Committee responsible for overse
6、eing ESG progress.Executive Directors and relevant employees are set individual ESG targets and remuneration is linked to achieving those targets.Regular ESG training for our property team is undertaken throughout the year.The merger with LXi represents a material change to our portfolio,and we inte