Environmental & Net Zero Commitment

Overview

WBP REIG Ltd recognises that the built environment plays a significant role in global greenhouse gas emissions and that responsible property investment can contribute to the transition toward a lower-carbon economy. The company is committed to supporting climate action through the responsible management and improvement of property assets and through the integration of environmental considerations into its investment and asset management practices.

WBP REIG Ltd aims to support the transition to operational net zero greenhouse gas emissions by 2050 or earlier, consistent with the United Kingdom's national climate objectives. The company seeks to achieve this through a combination of responsible asset selection, energy performance improvements, and the adoption of efficient building management practices over time.

Environmental considerations form part of the company's investment and asset management approach. When evaluating potential property investments, WBP REIG Ltd seeks to consider building energy performance, environmental compliance, and opportunities for improvement through refurbishment, retrofit, or operational enhancements. Where appropriate, the company will seek to improve energy efficiency, reduce energy consumption, and support the transition to lower-carbon energy sources.

In the management of assets, WBP REIG Ltd aims to work with property managers, contractors, and professional advisers to promote responsible operational practices. This may include monitoring building energy performance, encouraging efficiency improvements, and supporting initiatives that reduce the environmental impact of property operations.

The company recognises that the regulatory environment and industry standards relating to climate transition and building performance continue to evolve. WBP REIG Ltd will therefore review its environmental objectives periodically to ensure they remain aligned with emerging regulation, industry best practice, and the long-term sustainability of the property assets it manages.