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Environmental Social
Governance (ESG)We recognize that there are direct and indirect environmental and
social implications for all the decisions we make as a company.
According to the feasibility of each project, we aim to fully integrate
ESG principles into our real estate developments and the
communities in which we invest.
By taking an active and disciplined approach, we aim to elevate our social and environmental impact while also enhancing the objectives of our stakeholders.
TPL Properties ESG program is comprised of five separate stages:
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DATA COLLECTIONActively collect a broad and robust
ESG dataset on a regular basis to
assist in sustainability reporting,
informed decision-making and
in unlocking possible improvement
opportunities. -
RISK REVIEWPerform an ESG risk review on each
asset prior to acquisition and/or
construction on an annual basis
with a focus on following areas:
• Carbon Transition Risk
• Natural & Physical Climate Risk
• Social Norms Risk -
GOAL SETTING
Set performance goals based on agreed
upon ESG factors. -
IMPLEMENTATIONCreate and execute plans that are
designed to represent the best value
in terms of improving sustainability
performance, decreasing operating
costs, and increasing tenant satisfaction. -
MEASUREMENT
& IMPACTBased on the above activities, track
progress in project implementation
relative to our goals and evaluate the
value created. Compare performance
with peers using industry standards.
