ESG Performance and Strategy Presentation

ESG
performance
and strategy
update
Property for Industry Limited
11 March 2021
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Introductions
Sarah Beale
Sustainability, Risk and Compliance
Manager
Simon Woodhams
Chief Executive Officer
Craig Peirce
Chief Finance and Operating Officer

2019: Strategy Development

2020: Strategy Execution
COVID-19
Health &
Safety
Governance
Climate
change

ESG Monthly Meetings
▪Keep up to date on sustainability trends and
legislation
▪Guide and make decisions on ESG
initiatives
▪Monitor progress on our ESG strategy
ESG Programme
26 actions within our four strategic themes of:
▪Taking care of our team
▪Looking after our tenants
▪Responsible property ownership
▪Delivering for our investors
Board Oversight
Governance

Understanding our climate impacts

Transition risks & opportunities
Changing
regulationsin
relation to
governance,
building
performance and
development.
Changing tenant or
purchaser demand,
particularly from
strong corporate
entities.
Capital availability:
changing investor or
funder preferences.

Damage to buildingsChanging insurer appetite
Rising Sea
Levels
Rising
Temperatures
More Storms
Extreme Weather
Events
Increased
Rainfall
Physical risks & opportunities

20+ years
Higher level of uncertainty over
risks depending on climate change
trajectory.
▪Monitor and potentially adapt our
strategy over time
6 -20 years
Transition risks continue; physical
climate impacts take increasing
effect.
▪Continue focus on transition
risks
▪Embed resilience plan for
physical risk
1 -5 years
Transition risks are heightened;
physical climate impacts are less
prominent.
▪Focus on response to transition
risks
▪Plan and commence resilience
plan for physical risk
Timeframes

Our high-level strategy of
investing in quality
industrial property
remains robust.
Our response to climate
risk will form part of our
ESG programme.
Response
to
regulatory
change
Insurance
strategy
Sustainable
building
features
Climate
resilience
strategy
Disclosure
Retaining a
strong
balance
sheet
PFI’s Response

Our Key Climate Commitments
(3) Waste and business travel

Other ESG Initiatives
Looking after our teams
▪Health, Safety &
Wellbeing
▪Tenant sustainability
engagement
▪Sustainability
considerations for lease
renewal
Taking care of our team
▪Health, Safety &
Wellbeing
▪Diversity and inclusion
▪Volunteering and
donations
Delivering for our
investors
▪CDP response
▪Environmental policy
▪Sustainability due
diligence for acquisitions
Responsible Property
Ownership
▪Seismic upgrade
programme
▪Asbestos management
▪Sustainable building design

Other ESG Initiatives
OTHER
INITIATIVES
Sustainable Building Design
Green Star certification
Engagement with contractors
Tenant Engagement
Tenant sustainabilityobjectives
Solar