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Hyprop Investments Limited
Integrated annual report 2016
NATURAL CAPITAL: ENVIRONMENTAL IMPACT
After identifying the most relevant environmental impacts of our
operations – specifically water, energy and waste – the group
introduced an environmental strategy in 2014 (see below). This
strategy explains how our approach is informed by best practice,
proven methods, ease of implementation, and the benefit and cost
of retrofitting green design principles to existing buildings. Identified
opportunities include lower operating costs, reduced liability and risk
of higher utility costs.
Our environmental strategy illustrates how Hyprop mitigates related
impacts where possible and proactively manages natural resources.
Highlights
•
•
78% of waste recycled
•
•
Cost savings of R24 million
•
•
Third submission to CDP on carbon emissions
•
•
Third participation in GRESB
As a landlord, our business has a low environmental impact, but
we aim to further reduce this in daily operations. The execution,
reporting and review of our environmental policy are monitored
regularly by management and annually by the social and ethics
committee.
PRIMARY TARGETS (BASELINE JUNE 2013)
TARGET
ACHIEVED
•
•
Energy (electrical) consumption:
average 1% reduction per annum
across portfolio
•
•
Water consumption: 4,5%
reduction by 2016
•
•
Recycling: 5,9% improvement
across the portfolio (2013
baseline, 60%)
•
•
Carbon emissions: in line with
electricity consumption
reductions
(July 2015 to June 2016)
•
•
Electricity: 1,5% estimated
reduction in 2016
•
•
Water: 5% estimated reduction
in 2016
•
•
Recycling: 78% estimated in 2016
(up from 75% in 2015)
•
•
Carbon emissions: 0,5% estimated
reduction in 2016
LOOKING FORWARD
Electrical
•
•
Eight energy-efficient LED projects planned,
subject to budget approval
•
•
Three photovoltaic projects identified for
implementation in 2016 and 2017
Water
•
•
Two sites will not get smart meters due to proposed
sales, another four deferred as not critical
•
•
Five sites already have bulk smart meters
Recycling
•
•
Approaching optimal economic viability.
Going beyond this will increase percentage of
recycling but will be costly
•
•
Carbon: scope 2 (landlord emissions) will decrease
as energy-efficient projects are implemented
SECONDARY TARGETS
•
•
Consider best practice in energy,
water reduction, waste
management and carbon
emissions
•
•
Consider green building principles
•
•
Manage biodiversity impacts
through responsible management
and considering best practice
•
•
Enhance stakeholder engagement
by exploring collaborative
opportunities with large users
•
•
Ensure compliance with
environmental legislation
•
•
Embed culture of environmental
responsibility across the group
•
•
Undertake annual environment-
specific risk assessments
•
•
Explore how innovation and
technology can support
competitiveness
•
•
At Rosebank Mall and Hyde Park, air-conditioning (AC)
systems replaced with air-cooled condensers instead
of water-cooled units
•
•
LED lighting installed in common areas across the
portfolio
•
•
Only energy-efficient AC systems considered on
replacement
•
•
High-reflective roof paint used at Woodlands and to be
used for repainting Atterbury Value Mart and Somerset
Mall roofs
•
•
Ecological stormwater attenuation dam system repaired
at Willowbridge
•
•
All tenant installations must comply with new SANS
energy-efficiency regulations
•
•
Human resources department rolling out Green Building
Council training for centre and operations managers
•
•
Ongoing monitoring and
training at property
operational level on
applying best practice
principles in managing
energy, water, waste
•
•
Ongoing engagement with
large national users of
energy and water, and
generators of waste
material
•
•
Consider green building
principles where possible
•
•
Develop a five-year plan
for optimising our water
resource (cost savings,
reduce waste, water
harvesting)
TARGET
ACHIEVED
FUTURE PROJECTS PLANNED