Our ESG Department in Germany has developed a tenant engagement strategy with a focus on tenant satisfaction as well as engagement related specifically to sustainability measures.  

The programme of activities will be continuously updated to reflect operational and sustainability priorities. 

One of the main pillars of the engagement programme is working with those tenants who contribute most significantly to our Scope 3 emissions and to better understand our tenant emissions. Tenants have participated in several sustainability-related actions during FY2024/25, with engagement informing our plans relating to the rollout of LED lights, PV systems, and EV charging, as well as waste collection processes.

We have continued to monitor and assess our provision of EV charging across our German portfolio in response to engagement with our tenants. In total, since commencing the programme, we have installed 231 charging points across a total of 59 sites, meaning over 75% of our portfolio, including the Titanium venture, is now equipped. Looking ahead, we will continue to work with our tenants to identify suitable locations for EV-charging.

In the UK, our EV charging infrastructure has expanded further with the support of our national provider partnership and remains an important area of focus for our Top 50 tenants in particular, as communicated to us in the most recent tenant survey. Over the last year, the number of sites with EV charging provision has increased from 16 to 22. The next phase of the rollout is expected to include an additional seven sites. We will also be engaging with site managers at a further 16 sites to help determine site demand and feasibility of future installations.

Generating insights from our tenant engagement survey

Our annual survey remains a key feature of our engagement with tenants and provides valuable insights into what matters to them, including in relation to sustainability. Our most recent survey, completed in November and December 2024, reflected good participation across both BizSpace and Sirius, with especially high response rates from our Top50 tenants in Germany and the UK.

Encouragingly, there is growing engagement with decarbonisation among tenants, with some setting their own targets and developing strategies to enhance energy efficiency and reduce emissions. Key sustainability priorities identified by respondents include transitioning to renewable energy, reducing CO2 emissions, providing onsite recycling, and improving energy performance certificates (EPCs) in the UK. These insights help to inform our approach to asset management and collaboration, enabling us to better understand our tenants’ sustainability ambitions.

Nurturing our green spaces

We work to maintain and enhance green spaces across our portfolio, recognising that they provide both environmental and tenant wellbeing benefits. With over 788,600sqm of green areas under our management, ranging from woodlands and grasslands to wildflower meadows, our approach allows us to enhance both the biodiversity and tenant experience of our sites.

We believe nature plays an important role in making our business parks more enjoyable places to work. We have therefore created 56,000sqm of wildflower meadows in Germany and the UK since our biodiversity programme began in FY2021/22, providing green areas that are low maintenance, contribute to site aesthetics, and bring benefits to both people and wildlife.

Beyond our portfolio, we support bee populations through our ongoing partnerships with Hectare Nektar in Germany and Bee1 in the UK. Our sponsorships allow professional beekeepers to support 2.5million bees across 40 hives in Germany, and 500,000 bees across 8 beehives in the UK.

In addition, our partnership with Tree Nation, which manages reforestation projects across the world, has funded the planting of 23,073 trees this year across Madagascar, Tanzania, Kenya, and Uganda. Of these, more than 5,300 trees have been planted as a result of engagement with our tenants related to contract signing and renewals. While this initiative contributes to global ecosystem restoration, it is separate from our carbon offsetting programme. The total number of trees planted is estimated to absorb 1,807 tonnes of atmospheric carbon dioxide this year.