Responsible investing performance indicators
Funds and assets
Impact area | Indicator | | Units of measure | 2017 (Abs) | 2016 (abs) | % change (LfL) |
Benchmark, certificates and labels | GRESB | Average star rating (weighted by AuM) | stars | 4 | 3 | 23% |
GRESB | Average overall score (weighted by AuM) (GRI-CRESS: CRE8) | # | 74 | 66 | 11% |
EPA | Labelled floor space (GRI-CRESS: CRE8) (weighted by floor space) | % | 100% | 98% | 2% |
Green labelled floor space (A, B or C label) (weighted by floor space) | % | 93% | 90% | 3% |
Average energy index (weighted by floor space) | # | 1.22 | 1.25 | -2% |
Number of DUO Labels | # | 536 | 454 | 18% |
BREEAM | Green Building Certificates floor space (BREEAM or GPR; weighted by floor space) (GRI-CRESS: CRE8) | % | 31% | 11% | 189% |
Stakeholders
Impact area | Indicator | | Units of measure | 2017 (Abs) | 2016 (abs) | % change (LfL) |
Tenant engagement | Leases | Number of new leases | # | 3846 | 3459 | 11% |
Number of green leases | # | 44 of 18,436 | 25 of 16,714 | 76% |
Tentant satisfaction | Response rate (average) (GRI: PR5) | % | 45% | 36% | 24% |
Average total score (GRI: PR5) | # | 6.7 | 6.7 | 0% |
Environmental (Dutch funds)
Impact area | Indicator | | Units of measure | 2017 (abs) | 2016 (abs) | % change (LfL) |
Energy | Electricity | Total landlord-obtained electricity (GRI: EN4) | MWh | 29,149 | 29,049 | -0.3% |
Gas | Total gas consumption (GRI: EN3) | 10,319 | 11,850 | -9.5% |
District heating and cooling | Total district heating and cooling (GRI: EN4) | 12,930 | 12,881 | 0.4% |
Total | Total energy consumption from all sources (GRI: EN4) | 52,399 | 53,780 | -1.8% |
Energy intensity | Building energy intensity (GRI-CRESS: CRE1) | kWh/m²/year | 45 | 47 | -1.8% |
Energy and associated GHG disclosure coverage | | 269 of 298 | 279 of 293 | 0 |
GHG emissions | Direct | Scope 1 (GRI: EN15) | tonnes CO2e | 1,997 | 2,293 | -9.5% |
Indirect | Scope 2 (GRI: EN16) | 17,008 | 16,949 | 0.3% |
Total | Total GHG emissions (GRI: EN16) Scope 1 and 2 | 19,005 | 19,242 | -0.9% |
Total GHG emissions after compensation | 3,672 | 3,962 | -5.1% |
GHG emissions intensity | GHG intensity from building energy (GRI-CRESS: CRE3) | kg CO2e/m²/year | 16 | 17 | -0.9% |
Water | Total | Total water consumption (GRI:EN8) | m³ | 78,492 | 71,421 | 7.9% |
Water intensity | Building water intensity (GRI-CRESS: CRE2) | m³/m²/year | 0.40 | 0.41 | -1.9% |
Waste | Total | Total waste collected (GRI: EN22) | tonnes | 791 | 604 | 20.4% |
Recycling rate | % | 29% | 31% | -1.3% |
Environmental data head office
Impact area | Indicator | | Units of measure | 2017 (abs) | 2016 (abs) | % change (LfL) |
Energy | Electricity | Total consumed electricity | MWh | 717 | 1003 | -29% |
Proportion of electricity from renewable sources on-site | 0 | 0 | 0% |
Gas | Total consumed gas consumption (GRI: EN3) | 0 | 0 | 0% |
District heating and cooling | Total district heating and cooling (GRI: EN4) | 594 | 564 | 5% |
Proportion of district heating and cooling from renewable sources on-site | 0 | 0 | 0% |
Total | Total energy consumption from all sources (GRI: EN4) | 1,311 | 1,566 | -16% |
Energy intensity | Building energy intensity (GRI-CRESS: CRE1) | kWh/m²/year | 250 | 299 | -16% |
| | Energy and associated GHG disclosure coverage | | 1 of 1 | 1 of 1 | |
Waste | Total | Total waste collected (GRI: EN22) | kg | 24,100 | 15,933 | 51% |
Recycling rate | % | 23% | 21% | 10% |
Mobility | Distance | Lease car | km | 2,585,824 | 2,145,655 | 21% |
Public transport | 391,313 | 387,445 | 1.0% |
Air plane | 676,976 | 735,935 | -8% |
GHG
emissions | Direct | Scope 1 (GRI: EN15) | tonnes CO2e | 346 | 349 | -1% |
Indirect | Scope 2 (GRI: EN16) | 202 | 199 | 2% |
Total | Total GHG emissions (GRI: EN16) Scope 1, 2 and 3 | 551 | 549 | 0.4% |
Total GHG emissions after compensation | 551 | 549 | 0.4% |
GHG emissions intensity | GHG intensity from building energy (GRI-CRESS: CRE3) | tonnes CO2e/FTE/year | 0.4 | 0.4 | -6% |
GHG intensity from mobility (GRI-CRESS: CRE3) | tonnes CO2e / FTE / year | 3.2 | 3.6 | -11% |
GHG intensity from all emmissions (GRI-CRESS: CRE3) | tonnes CO2e / FTE / year | 3.6 | 4.0 | -10% |
Water | Total | Total water consumption (GRI:EN8) | m³ | 1,189 | 961 | 24% |
Water intensity | Building water intensity (GRI-CRESS: CRE2) | m³/FTE/year | 7.8 | 7.0 | 11% |
Social data
Impact area | Indicator | Measure | Units of measure | 2017 | 2016 |
Employee | Contracts (incl. women ratio) | Number of employees (GRI: LA1) | FTE | 152,5 (31,3%) | 136,6 (31,2%) |
Full-time contract ratio (GRI: LA1) | % | 77% (23%) | 74% (20,4%) |
Part-time contract ratio (GRI: LA1) | % | 23% (70%) | 26% (73,6%) |
Fixed-term contract ratio (GRI: LA1) | % | 13% (33%) | 7% (-%) |
Permanent contract ratio (GRI: LA1) | 87% (34%) | 93% (-%) |
Health | Sickness ratio (GRI: LA7) | % | 3% | 2% |
Turnover | Employee turnover ratio (GRI: LA2) | % | 3.8% | 9.9% |
Employee satisfaction | Employee engagement - survey response rate (GRI: DMA) | % | 96.1% | 95,5%* |
Employee satisfaction score (GRI: DMA) | # | 8.0 | 8* |
Employee engagement score | 8.1 | 7,7* |
Employee enthusiasm score | 8.0 | 7,6* |
Equality & diversity | Women ratio (GRI: LA13) | % | 34% | 34% |
Women in senior management ratio (GRI: LA13) | 19% | 24% |
Training & development | Number of internships | # | 4 | 7 |
Age (incl. women ratio) | <30 | Ratio | 9% (29%) | - |
30-40 | 29% (28%) | - |
40-50 | 34% (33%) | - |
50-60 | 24% (42%) | - |
>60 | 4% (43%) | - |
Client | Investor satisfaction | Response rate (GRI: PR5) | % | na | 70% |
Average total score (GRI: PR5) | # | na | 7.9 |
* this is a biennial survey. Figures are from 2015
Bouwinvest reports environmental data of those assets where management control is possible (operational control approach). Data is provided for those assets where we have the power to introduce and implement operating policies and where we are responsible for purchasing energy and water and the handling of waste. Our management control differs greatly by asset type (e.g. residential and office); these differences affect the level of influence we have over the (measurable) sustainability performance of our assets.
Absolute consumption is the total consumption of the real estate assets in our funds during the period under review and provides insight into the overall environmental impact.
Like-for-like data and any changes pertain to real estate assets in our portfolio that were fully owned by Bouwinvest and operational for the full 24-month period. We have excluded assets that were acquired, sold or underwent large-scale renovations in this period. The information therefore provides insight in the movement of an indicator over time at a constant portfolio scope. Total net CO2 emissions, after compensation, represent the total CO2 emissions after reduction and compensation of carbon emissions via Guarantees of Origin (GOs). This is in line with Bouwinvest’s commitment to reduce the impact its operations have on climate change and to encourage renewable energy generation.
Energy, emissions and water consumption are reported on the basis of like-for-like consumption data and lettable floor area (LFA). This pertains to landlord obtained components and usage for common parts, as well as consumption data for tenant areas that are not individually metered.