‘SEGRO 2020’ is SEGRO’s vision for sustainability and was introduced in 2013 following an increased demand for greater environmental sustainability from customers, regulators and legislators. Delivering excellent customer service and optimising performance of our assets through greater customer focus, knowledge sharing, efficiency improvements and cost reductions.
In 2013, we introduced a new sustainability strategy, SEGRO 2020. We have built on the solid foundation set out in 2013 through our commitment to embed the strategy across the Group.
Our ‘SEGRO 2020’ targets focus on building design, refurbishments, energy and water efficiency and obtaining building certifications that support our sustainable approach. It links directly to our strategic priority of driving operational performance by delivering excellent customer service and optimising performance of our assets through greater customer focus, knowledge sharing, efficiency improvements and cost reductions.
Our new sustainability strategy has required us to undertake a number of projects which allow us to report and improve our performance against our long-term goals. We have continued to embed our sustainability toolkits that were introduced in 2013 into our development and refurbishment projects, improving reporting consistency and coverage whilst reducing the time requirements for our teams.
We have seen particular success in our waste management figures for 2014. Our reuse and recycling rates for construction and demolition waste were 87 per cent, whilst excavation waste achieved a reuse or recycling rate of 92 per cent. All three waste streams have therefore achieved target in 2014. We have also added a further 11 BREEAM ‘Very Good’ or equivalent certified buildings through our development and refurbishment programme.
One area of focus for us in 2015 is to improve our utility data coverage. During 2014, we committed to the roll out of a group-wide energy bureau service by mid-2015, which will provide us with support in how we manage utility data across the portfolio. It has been used successfully in the UK since 2011.
The introduction of this service will help us maintain our EPRA Gold reporting disclosure status which we achieved for the second year running in 2014.
We are committed to delivering, reviewing and improving ‘SEGRO 2020’ to ensure we are extracting best value from our sustainability activities.
The progress we have made in 2014 against our ‘SEGRO 2020’ targets is shown in the table overleaf. A more detailed review of our performance and our full EPRA data pack is available to view on www.segro.com/sustainability.