Equites Property Fund Ltd 2022 Integrated Report
Company: Equites Property Fund Ltd
Sector: Real estate
Country: South Africa
Year: 2022
Type: Integrated Report
Pages: 180
The report presents Equites' FY22 performance across its South African and UK logistics property portfolios, including portfolio growth to R25.7 billion and a 31.5% loan-to-value ratio. It describes a dedicated ESG steering committee under the Board's Social, Ethics and Transformation Committee and reports climate risk using TCFD recommendations and a double materiality approach. The report discloses Scope 1 emissions of 1.4 tCO2e, Scope 2 emissions of 98 tCO2e and partial Scope 3 emissions of 57 842 tCO2e. Renewable energy penetration was 4.79%, while the workforce comprised 40 permanent employees and reported no fatalities or work-related injuries.
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