Building Resilience

Objectives

Reducing the environmental impact of our properties and supporting the transition to a net zero economy.

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Performance in 2025

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29.0% reduction (from 2018)

Energy Intensity

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40.2% reduction (from 2018)

GHG Intensity

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90.0% green-certified

Portfolio by NLA

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TCFD Framework

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IFRS Sustainability Disclosure Standards

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GRI Standards

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SASB Standards

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LEED Gold

Exchange, Figueroa, Penn, Phipps

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ENERGY STAR

Centerpointe, Exchange, Michelson

Targets in 2026

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  • Maintain 5 Star for GRESB Real Estate Assessment and ‘A’ rating for GRESB Public Disclosure
  • Achieve 33.0% energy intensity reduction by 2035 and 49.0% reduction by 2050 from 2018 base year
  • Achieve 38.0% GHG emissions intensity reduction by 2035 and 80.0% reduction by 2050 from 2018 base year
  • Achieve 100.0% green certified portfolio by 2030
  • Improve water and waste conservation efforts

Notes

1. Please refer to page 12 of Sustainability Report 2025 for more details on the energy reduction and GHG emissions intensity targets.