Improved climate - greener operations
The environment is both a global and a local challenge. Therefore, PFA focuses on streamlining its resource consumption and CO2 emissions whenever possible. In global terms, the focus is to a great extent on how PFA invests, and, in 2016, PFA has added an obligation to its policy for responsible investments to not invest in companies which obstruct the COP21 agreement on global reduction of greenhouse gases. In local terms, it is a matter of PFA implementing energy saving measures and encouraging others to advance their environmental efforts.
Screening of energy consumption in PFA’s property portfolio
PFA has decided to map the energy consumption in the Danish property portfolio. This is done in order to later be able to estimate the possibilities of PFA, together with the leaseholders, being able to reduce the energy consumption. In 2016, PFA established an energy management system for the mapping of the total energy consumption in the Danish property portfolio. The consumption of electricity is the first element to be mapped, and in 2016, PFA collected data on the total consumptions for the common areas of properties in the entire portfolio. This corresponds to approximately 11 per cent of the expected total consumption of electricity in the property portfolio. PFA will continue the collection of data regarding the total energy consumption in the Danish property portfolio in 2017, including data on electricity, heating and Water.
In 2016, PFA continued its climate partnership with DONG Energy, which has primarily been engaged with mapping the energy consumption in PFA's largest group of buildings with a floor space of more than 45,000 m2. PFA expects to implement initiatives during 2017 for the property together with the leaseholder of the property. PFA decided in 2016 to renovate PFA’s domicile, Marina Park. The renovation will be projected during 2017 and consequently, energy-saving initiatives have not been initiated in 2016 in Marina Park. The planning of the renovation will in particular concentrate on ensuring a healthy working environment for the employees and reuse of the existing building stock.
Continued focus on CO2 reductions
PFA has introduced a number of initiatives to reduce the resource consumption and to increase recycling. This development is part of PFA’s environmental efforts and runs parallel with the energy optimisation that PFA carried out as part of the climate partnership with Dong Energy. The starting point for the initiatives was to involve the employees and their behavior in order to thereby reduce food waste and paper consumption and increase the amount of documents that are recycled. Furthermore, PFA has continued to digitalise its communication and primarily approach its customers via My PFA (mitpfa.dk) and e-Boks, which has contributed to reductions in paper use.
Member of the Carbon Disclosure Project
PFA focuses on environmental efforts and would like to send a signal that it is worthwhile to make an effort. As a member of the international climate network CDP, PFA is working to increase the number of companies which report their climate results to CDP.
Member of the Institutional Investor Group on Climate Change (IIGCC)
PFA believes that investors hold the strongest position when they take joint action when addressing the risks and opportunities associated with climate change. As a member of the IIGCC, PFA collaborates with more than 130 other investors on promoting both consistent climate regulation across geographic borders and knowledge sharing on integrating environmental considerations into the investment process.
Questions about Corporate Responsibility?
Contact our CR Manager, Mette Vadstrup, at email@example.com.