Environment

Our ESG strategy is built around creating a long-term positive impact from doing business in the communities we serve.

Our environmental approach focuses on enhancing the sustainability performance of our assets while partnering closely with customers and suppliers to improve the efficiency and effectiveness of their operations.

Our social priorities centre on our people, ensuring we enhance well-being, engagement, diversity and talent development as well as the communities where we operate through educational outreach and charitable contribution.

Strong governance is at the heart of Acting Responsibly and underpins every part of our operations. Responsible leadership, senior accountability and transparent reporting form the foundation of our approach. Together, these elements ensure that our ESG strategy remains a core driver of value creation and resilient business performance.

In 2025, we are delighted to say that our proactive approach has enabled us to meet our SBTi approved decarbonisation targets five years ahead of schedule.

This is the result of investment in efficient new developments, retrofitting of energy-efficient lighting and heating in refurbishments, and a focus on solar PV installations across the portfolio.

We are now in the process of developing a new decarbonisation target for longer term sustainable growth.

“We have maintained momentum with our ESG strategy delivering strong performance. We are delighted to have met our SBTi approved decarbonisation targets ahead of plan.”
Sheena Singla, Head of ESG and General Counsel

Our Actions

We will achieve these targets by:

Increasing the amount of energy consumption data collected across the business

Achieving BREEAM Very Good or better for all new building developments

Increasing the capacity of our on-site renewable energy generation

Focusing on installing the most efficient lighting throughout our portfolio

Adopting the recommendations of the Task Force on Climate Related Financial Disclosures

Increasing all Renewable Energy Guarantees of Origin (“REGO”) backed electricity procurement

Enhancing the biodiversity in our portfolio

Our progress

We continue to make progress against our targets in all areas.
In 2025 we have confirmed:

40% Reduction in our Carbon Emission Intensity, 5 years early on our 2030 target of 36%

Installation of 6.5MWp Solar across our portfolio in 2025

50% of our portfolio sitting with an EPC rating of C or above, and

24% YoY Reduction on our Embodied Carbon emission

Full Year report

sustainability—driven efficiency projects

MWp

on-site solar capacity

leases signed include green clauses

tonnes CO2 saving

Bolt 330

Acting responsibly is at the core of our operations, ensuring our developments create lasting environmental and social value.

Meeting ‘Outstanding’ sustainability standards and supporting local communities Our commitment to sustainable development is a key part of our sustainability strategy that is delivering lasting value for our diverse range of customers and supporting local communities.

We have recently transformed a 31,000 sqm former brownfield site by delivering a high quality and highly sustainable building in a key location 30 minutes from Manchester, UK. The recently developed asset, Bolt 330, has achieved the highest sustainability standards, reflected in the maximum BREEAM certification of “Outstanding” and an EPC A rating, and created jobs and training opportunities that will make a lasting difference to the local community. The development was completed with a range of sustainability initiatives, including rainwater harvesting, solar PV panel installation, EV charging facilities, and a living green roof above the office spaces.

It generated substantial local economic value through direct local employment, apprenticeships and partnerships with local organisations. The well-being of those who will work on the campus has also been at the centre of Bolt 330’s design: as seen in the provision of an outdoor gym, 60 cycle spaces and generous landscaping to 19 promote biodiversity.