ESG & The Benefits of collecting energy data

As part of our commitment to to providing long-term cost savings for our occupiers we are committed to reducing energy costs by creating efficient units.

Step 1

ESG Review

IDRE alongside Savills, Carbon Profile and Longevity Partners have completed an initial review of each asset. This includes determining each units fixed heat type, cooling type, lighting type, and building fabric, of both the office and warehouse elements. Alongside a review of how occupiers use their units in regards to portable heaters, lighting etc.

On the back of this review we have a set of recommendations to improve efficiency, initially looking at easy win before planning out our continued ESG journey improvements.

Completed

Step 2

Energy Use Data Collection

Energy use data is key to providing assets that meet our occupiers needs, at Stakehill Industrial Estate we are collecting our occupiers energy use data This data will hopefully show high energy use buisinesses and at what time of the day businesses are using energy, this will allow us to select which units are high priority and which ESG upgrades will be most suitable.

On Going

Step 3

Analysis

Taking the above information and data, and analysing it will create a roadmap to take the portfolio and each unit specifically to an improved ESG position. Analysis will allow us to highlight our occupiers energy use allowing us to provide tailored upgrades to fit our occupiers uses. This will help them reduce energy use costs whilst providing a more enjoyable environment to carry out their business.

On Going

Step 4

Engage with Occupiers

All units that become available will immediately be upgraded to provide a full ESG-led refurbishment, however with occupied units this becomes a little more complicated as we try to improve our occupiers use without impacting on their current use. As such we will engage with all occupiers to highlight the potential upgrades, benefits and timeframes anticipated.

On Going

Step 5

Carry Out Upgrades

Once all the upgrades have been agreed and a timeframe set with occupiers we will carry out the upgrades in a timely manner to the benefit of our occupiers. Key areas we will focus on is removal of all gas powered heating and cooling systems, and removal of any non-LED lighting before engaging with significant ESG upgrades. At Electron, which already has 1.35MV power we have made roof improvements that can incorporate 15% PV Cells should a tenant be interested in engaging with extra power / sustainable requirements.

On Going