Management Report

The report describes a major expansion of the company's ESG governance in 2019, including a board-created CSR Committee responsible for sustainability oversight. It also reports the launch of an Environmental Impact Reporting Tool and a GHG Protocol-aligned methodology covering Scopes 1-3. The company set 2030 reduction objectives for GHG emissions and water consumption against a 2018 baseline. By year-end, certified buildings represented 20.3% of portfolio value and 14.0% of total GLA.