Cromwell’s Environment Pillar objective is to improve the operational performance of our assets whilst actively reducing the environmental impact of our properties, funds and operations.
Our Environmental Pillar owners for Australia and Europe are responsible for asset management and property operations across the property portfolio. Their responsibilities include leasing, building operations and maintenance, compliance, tenant customer engagement and protecting the value of our assets by managing capital works, refurbishment, asset enhancement and utilities efficiently in order to provide secure returns for our investors.
Topics identified for management in 2020:
CLIMATE CHANGE - DIRECT IMPACTS
The physical impacts of a changing climate, including severe weather events, rising sea levels and shifting temperature zones, will have an increasing impact across our portfolio.
CLIMATE CHANGE - TRANSITIONING TO A ZERO CARBON FUTURE
As a leader in the built environment, we have an opportunity to work with our peers to minimise the carbon footprint of our assets. Opportunities such as generation of electricity, processing of waste, and provision of ecosystem services will form our response.
RESOURCEFUL BUILDINGS AND OPERATIONS
Our buildings consume resources and produce waste throughout their lifecycle. We must understand and manage the impacts of our buildings, operations, supply chain, and business partnerships. These include waste, materials, water, energy, biodiversity, and greenhouse gas emissions.