Our GRESB success

Brookfield Properties UK achieved a GRESB 5 Star rating in 2023 for our office portfolio, the third highest in the UK. As part of our commitment to maintain the highest standards of environmental, social and governance performance, we participate in the Global Real Estate Sustainability Benchmark (GRESB) assessment, a leading industry benchmark of performance. Our 2023 GRESB assessment results demonstrate our continued focus on ESG excellence and collaboration, with our portfolio scoring 91 out of a maximum 100 points, gaining an additional 16 points across all categories compared to 2022.

Empowering our people

We recognise that a critical element of delivering our ESG strategy is to empower all our staff with robust knowledge about sustainability through training and knowledge sharing. The goal is to build on the teams' understanding and context of ESG issues, demonstrate how these issues manifest in our business and make sure our teams have the knowledge and capabilities to deliver on actions in support of our overarching strategy. We have delivered two training courses to achieve this goal, in total delivering 784 hours of professional training by specialised professionals. This knowledge has since been shared with wider teams and tenants, benefitting the portfolio as a whole.

Reimagining waste management

We have developed a waste strategy aligned with our commitment to providing an economic and sustainable waste management approach which results in a less costly use of economic and environmental resources. In partnership with our new waste partner, Recorra, we now have a system where 98% of our waste is processed in the UK and we have zero waste to landfill. We work closely with our service partners and tenants to keep contamination low and utilise state-of-the-art sorting technology. Recycling is actively encouraged across the portfolio through collaboration and knowledge sharing.

Converting a gas-powered office to an electric landmark

In collaboration with our occupiers, we are undertaking the full electricification of this 545,000 square foot landmark building - replacing gas boilers with air source heat pumps and coolers, all while the building remains open for business. This hand-in-hand partnership with our occupiers will transform the energy efficiency of the building, future proofing it for the MEES legislation, well ahead of the proposed 2030 deadline.

Net zero carbon in construction

Heritage building fully refurbished to create a new vision of space offering a modern workspace, new amenities, natural daylight, a central courtyard and six new roof terraces. This net-zero carbon project preserved both embodied carbon and the outstanding architectural character of the building.

New premises and support for charity combatting homelessness

Our partner charity offers a pathway from hostel to home through employment and training. Brookfield Properties have provided a rent-free premises and delivered a pro-bono refurbishment, together with our supply chain partners, to create a kitchen and restaurant to further Fat Macy's capabilities.

Fit-out putting circular economy into practice

Fit-out is real estate's neglected carbon and waste problem. In the urgency to replace fluorescent bulbs with LEDs, for example, it is common practice to discard the old fittings completely. With the refit of Nexus level 10, we proved it's possible to do things differently. Lighting carcasses and hardwood floors refurbished. Spare office furniture donated to charity partners. Doors, walls and ceiling tiles reused and made good.