RE-THINKING ESG

ESG Committee

We believe the responsibility of fulfilling our ESG aspirations and commitments spans across our entire team and all contributors to our projects.

Our ESG mandate comes from the top. To support our day-to-day implementation and integration of ESG, we have created a dedicated ESG Team. This team includes representation from all departments and geographies within the business to ensure we reflect the diversity of our business in our ESG initiatives. We know that adequate representation in this team promotes engagement by all within the company. In turn, this will embed meaningful integration of all the actions we take.

ESG Policy

As responsible investors and developers, we recognise that sustainability must become an integral part of our business and day-to-day activities.

At RE Capital, we recognise that our day-to-day operations have environmental and social impacts. By our implementation of strong governance systems, we can ensure that all our developments have more positive, sustainable outcomes for all stakeholders. We continue to pursue our policy of enhancing the environment that surrounds our spaces by fostering vibrant local communities. This will bring benefits to both end-users and wider society. Our ESG Policy has been developed to formalise and coordinate our commitments and actions across all our projects in all territories in which we operate. We will structure timelines and targets and set new goals across every process and acquisition, including new constructions, renovations, and operational assets. The implementation of our ESG commitments is guided by our core values of integrity, transparency, and engagement. We firmly believe that the integration of new sustainability standards across every department will achieve optimal financial and societal results for our co-investors and stakeholders.

ESG Strategy

RE Capital is fully committed to integrating ESG considerations into every part of company business across our portfolio in a way that is consistent with international best practice.

We will integrate our ESG mandate into all areas of our business, including when assessing risks and opportunities for value creation – striving to improve and upgrade our methodologies, taking professional guidance where needed. To help structure momentum and focus, we felt it was essential to become part of the largest responsible investor community globally – the UN PRI. From 2023, we will annually report improvements and progress on ESG matters so that these can be independently evaluated. RE Capital supports the findings of the Paris Agreement on Climate Change, and, consequently, we are robustly engaged in the planning of our company’s Net Zero Strategy based on a commitment to reach Net Zero by 2050.

RE-THINKING OUR WORLD

ESG Commitments

We recognise that in order to accurately measure and maintain an impact across our ESG Strategy we will need to benchmark ourselves against globally recognised standards and bodies.

RE-THINKING OUR WORLD

ESG Commitments

We recognise that in order to accurately measure and maintain an impact across our ESG Strategy we will need to benchmark ourselves against globally recognised standards and bodies.

UNs sustainable development goals 2

United Nations (UN) Sustainable Development Goals (SDGs)

We have reflected on the specific nature of our business, our methods and operations, and how ongoing changes in our approach can contribute towards meeting globally set UN SDGs.

Although our current ESG actions are already working towards many of the SDGs, RE Capital is committed to making a greater contribution going forward. We will be further analysing our potential for positive contributions towards these Goals, monitoring our performance and setting targets, where relevant, to help drive sustainable outcomes. However, we are conscious that to achieve the targets we have set for ourselves in contributing to the achievement of selected SDG’s we need full cooperation and input from suppliers, contractors, and advisors, and we will encourage them to apply the UN SDGs as their business model, using this framework to drive progress towards carbon neutral goals.

UNs sustainable development goals 2

United Nations (UN) Sustainable Development Goals (SDGs)

We have reflected on the specific nature of our business, our methods and operations, and how ongoing changes in our approach can contribute towards meeting globally set UN SDGs.

Although our current ESG actions are already working towards many of the SDGs, RE Capital is committed to making a greater contribution going forward. We will be further analysing our potential for positive contributions towards these Goals, monitoring our performance and setting targets, where relevant, to help drive sustainable outcomes. However, we are conscious that to achieve the targets we have set for ourselves in contributing to the achievement of selected SDG’s we need full cooperation and input from suppliers, contractors, and advisors, and we will encourage them to apply the UN SDGs as their business model, using this framework to drive progress towards carbon neutral goals.

ESG Alignment

We recognise that in order to accurately measure and maintain an impact across our ESG Strategy we will need to benchmark ourselves against globally recognised standards and bodies.

ESG Alignment

We recognise that in order to accurately measure and maintain an impact across our ESG Strategy we will need to benchmark ourselves against globally recognised standards and bodies.

RE-THINKING OUR PEOPLE

Enhancing Human Talent

It is people, not policy alone, that drives change. We are proud to have assembled a highly skilled workforce in all our offices across the jurisdictions in which RE Capital operates: London, Lisbon, Luxembourg, Geneva, and our team of support staff in Port Louis.

Engaging our Suppliers

To deliver high-quality and aesthetically pleasing buildings, we depend on highly skilled designers, architects, investors, consultants, suppliers, and contractors. As a team, we have developed a network of partners that share our values, and going forward, we are committed to:

RE-THINKING OUR PEOPLE

Enhancing Human Talent

It is people, not policy alone, that drives change. We are proud to have assembled a highly skilled workforce in all our offices across the jurisdictions in which RE Capital operates: London, Lisbon, Luxembourg, Geneva, and our team of support staff in Port Louis.

Engaging our Suppliers

To deliver high-quality and aesthetically pleasing buildings, we depend on highly skilled designers, architects, investors, consultants, suppliers, and contractors. As a team, we have developed a network of partners that share our values, and going forward, we are committed to:

RE-THINKING ENVIRONMENT

Environment

The unique environments we develop in are respectfully considered to ensure we are constructing and rehabilitating responsibly

From preservation, to the materials we utilise, to energy and water consumption – sustainable practice is adhered to throughout the process. Our company ethos has always been to provide places for people and communities to thrive in, in buildings that harmonise with their surroundings. This philosophy fits into our wider commitment to ethical business practice at every level.

Our Planet

RE Capital champions all processes that care for the wider world. It is our responsibility to ensure any negative environmental impacts are minimised or eliminated at all stages of development.

Our buildings are designed to stand the test of time, and we will enhance the sustainability credentials of all we create. RE Capital has implemented an ISO 14001-certified Environmental Management System, which provides a framework for the management of environmental impacts within our developments and drives continual improvement in our sustainable development thinking. As each development is unique, it requires an individual assessment in order to ascertain opportunities to reduce negative impacts on the environment. Our commitment to the environment expands beyond our developments. RE Capital will diligently implement strategies that aim to achieve net zero carbon emissions by 2050.

CASE STUDY

Sustainability Dashboard

We have created sustainability dashboards to monitor the key areas that we want to optimise during the development process.

From preservation, to the materials we utilise, to energy and water consumption – sustainable practice is adhered to throughout the process. Our company ethos has always been to provide places for people and communities to thrive in, in buildings that harmonise with their surroundings. This philosophy fits into our wider commitment to ethical business practice at every level.

Goats Yard Building in ESG

At Goats Yard, we are dedicated to creating a sustainable development through our commitment to ESG principles, which guide us in every aspect of the project, from inception to completion.

Through our Goats Yard development, we are demonstrating our
commitment to sustainability and ESG best practices.

• We have replaced gas-fired boilers and chillers with low-carbon
technologies and fully electrified the building, improving air
quality through a heat recovery ventilation system.

• Our goal is to achieve an EPC rating improvement from E to B.
We also use high-efficiency lighting and lighting controls.

• In terms of circular economy, at least 74% of floor finishes have
confirmed recycled content and we have re-used 62 sq m of
existing ceiling tiles.

• Our focus on health and wellbeing includes flexible work spaces
and outstanding communal areas, as well as a 105 sqm shared
terrace and a 57 sqm private terrace filled with planters.

• Additionally, our location offers excellent access by public transport
and is part of Cycle Route 4, a continuous route between Tower
Bridge and Greenwich.

RE-THINKING ENVIRONMENT

Environment

The unique environments we develop in are respectfully considered to ensure we are constructing and rehabilitating responsibly

From preservation, to the materials we utilise, to energy and water consumption – sustainable practice is adhered to throughout the process. Our company ethos has always been to provide places for people and communities to thrive in, in buildings that harmonise with their surroundings. This philosophy fits into our wider commitment to ethical business practice at every level.

Our Planet

RE Capital champions all processes that care for the wider world. It is our responsibility to ensure any negative environmental impacts are minimised or eliminated at all stages of development.

Our buildings are designed to stand the test of time, and we will enhance the sustainability credentials of all we create. RE Capital has implemented an ISO 14001-certified Environmental Management System, which provides a framework for the management of environmental impacts within our developments and drives continual improvement in our sustainable development thinking. As each development is unique, it requires an individual assessment in order to ascertain opportunities to reduce negative impacts on the environment. Our commitment to the environment expands beyond our developments. RE Capital will diligently implement strategies that aim to achieve net zero carbon emissions by 2050.

CASE STUDY

Sustainability Dashboard

We have created sustainability dashboards to monitor the key areas that we want to optimise during the development process.

From preservation, to the materials we utilise, to energy and water consumption – sustainable practice is adhered to throughout the process. Our company ethos has always been to provide places for people and communities to thrive in, in buildings that harmonise with their surroundings. This philosophy fits into our wider commitment to ethical business practice at every level.

Goats Yard Building in ESG

At Goats Yard, we are dedicated to creating a sustainable development through our commitment to ESG principles, which guide us in every aspect of the project, from inception to completion.

Through our Goats Yard development, we are demonstrating our
commitment to sustainability and ESG best practices.

• We have replaced gas-fired boilers and chillers with low-carbon
technologies and fully electrified the building, improving air
quality through a heat recovery ventilation system.

• Our goal is to achieve an EPC rating improvement from E to B.
We also use high-efficiency lighting and lighting controls.

• In terms of circular economy, at least 74% of floor finishes have
confirmed recycled content and we have re-used 62 sq m of
existing ceiling tiles.

• Our focus on health and wellbeing includes flexible work spaces
and outstanding communal areas, as well as a 105 sqm shared
terrace and a 57 sqm private terrace filled with planters.

• Additionally, our location offers excellent access by public transport
and is part of Cycle Route 4, a continuous route between Tower
Bridge and Greenwich.

RE-THINKING COMMUNITY

Community

The projects we develop impact nearby communities. Our vision is to engage these communities to build positive & meaningful initiatives together.

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recapital esg 02 1

To make a meaningful impact it is our responsibility to meet the community where it is at. What are the unique needs of the people who reside in the areas we are developing, are our Initiatives locally relevant, and how do we ensure longevity? When we develop, the wellbeing of the people who will occupy our developments remains a priority throughout the construction phase. By partnering with reputable organisations who have a track record of successful community engagement, we are setting our community up for success via programmes and initiatives that truly matter to them.

Our Communities

It is our aim that, along with our investors, the occupiers of our properties, and the communities in which they are embedded, will be the long-term beneficiaries of our activities.

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recapital esg 03

Our aim is to produce buildings that protect and enhance the health and wellbeing of the occupants. With this in mind, we endeavour to incorporate the WELL building standard, or equivalent, where feasible. Wherever possible, we will include wellbeing spaces within our developments, and promote designs that favour natural light and a high standard of air quality. Local stakeholder consultation is a key pillar of the design process. We already engage with local communities to ensure that all RE Capital developments enhance and complement the local surroundings. Now, more than ever, we are striving for community involvement at every stage of the project. During construction, we look to source our materials locally, wherever possible, thus reducing the carbon footprint associated with procurement. When selecting charitable and community programmes and initiatives to implement, what matters most to our communities is relevance and longevity

mad marvilla collection

MAD

The Marvilla Art District (MAD) is a gallery and platform for local artists that links back to RE Capital’s own Art initiative, whereby we collect or buy art from local artists in the cities where we operate. We sponsor Lisbon-based, MAD, who strive to provide a space for local artists to create and showcase their work, and engage with their local community.

gun

Non-Violence

The Non-Violence (NV) Project Foundation: a non-profit organisation with a mission to inspire, motivate and engage people to prevent and reduce all forms of violence. We have collaborated with NVin several projects as: school tours ‘Peace Talks’, creation of ‘Hustle Time’ community studios, among others.

skate

Rookie Slash

Rookie Slash introduces skate board and outdoor sports, alongside the community, to refugees to help them integrate better into society. Based in Geneva the initiative encourages integration through sport. We proudly support their vision of providing a sense of belonging, inclusion, and integration for all.

RE-THINKING COMMUNITY

Community

The projects we develop impact nearby communities. Our vision is to engage these communities to build positive & meaningful initiatives together.

toggleplus
recapital esg 02 1

To make a meaningful impact it is our responsibility to meet the community where it is at. What are the unique needs of the people who reside in the areas we are developing, are our Initiatives locally relevant, and how do we ensure longevity? When we develop, the wellbeing of the people who will occupy our developments remains a priority throughout the construction phase. By partnering with reputable organisations who have a track record of successful community engagement, we are setting our community up for success via programmes and initiatives that truly matter to them.

Our Communities

It is our aim that, along with our investors, the occupiers of our properties, and the communities in which they are embedded, will be the long-term beneficiaries of our activities.

toggleplus
recapital esg 03

Our aim is to produce buildings that protect and enhance the health and wellbeing of the occupants. With this in mind, we endeavour to incorporate the WELL building standard, or equivalent, where feasible. Wherever possible, we will include wellbeing spaces within our developments, and promote designs that favour natural light and a high standard of air quality. Local stakeholder consultation is a key pillar of the design process. We already engage with local communities to ensure that all RE Capital developments enhance and complement the local surroundings. Now, more than ever, we are striving for community involvement at every stage of the project. During construction, we look to source our materials locally, wherever possible, thus reducing the carbon footprint associated with procurement. When selecting charitable and community programmes and initiatives to implement, what matters most to our communities is relevance and longevity

mad marvilla collection

MAD

The Marvilla Art District (MAD) is a gallery and platform for local artists that links back to RE Capital’s own Art initiative, whereby we collect or buy art from local artists in the cities where we operate. We sponsor Lisbon-based, MAD, who strive to provide a space for local artists to create and showcase their work, and engage with their local community.

gun

Non-Violence

The Non-Violence (NV) Project Foundation: a non-profit organisation with a mission to inspire, motivate and engage people to prevent and reduce all forms of violence. We have collaborated with NVin several projects as: school tours ‘Peace Talks’, creation of ‘Hustle Time’ community studios, among others.

skate

Rookie Slash

Rookie Slash introduces skate board and outdoor sports, alongside the community, to refugees to help them integrate better into society. Based in Geneva the initiative encourages integration through sport. We proudly support their vision of providing a sense of belonging, inclusion, and integration for all.

RE-THINKING GOVERNANCE

Governance

Empowering our people drives positive change. We’re proud of our diverse and skilled workforce across all RE Capital locations.

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ercapital

As a business, we strive to be leaders in responsible governance. Our commitment to transparency and support is reflected in our well-thought-out policies and reporting procedures, aimed at safeguarding our employees and the environment. We continuously engage with stakeholders and governing bodies, adapting our approach as necessary, to continuously improve our ESG practices.

RE-THINKING GOVERNANCE

Governance

Empowering our people drives positive change. We’re proud of our diverse and skilled workforce across all RE Capital locations.

toggleplus

As a business, we strive to be leaders in responsible governance. Our commitment to transparency and support is reflected in our well-thought-out policies and reporting procedures, aimed at safeguarding our employees and the environment. We continuously engage with stakeholders and governing bodies, adapting our approach as necessary, to continuously improve our ESG practices.

ercapital

Our People

As an established international real estate company with a track record of good practice and social engagement, we are able to attract and retain the best talent.
We are committed to:

Our Performance

We are also conscious that to deliver high-quality and aesthetically pleasing buildings, we depend on competent designers, architects, investors, consultants, suppliers and contractors. As a team, we have developed a network of partners that share our values, and going forward, we are committed to:

Fulfilling ESG requirements is a reciprocal process. We must fully engage with our stakeholders: investors, property managers, tenants and communities, throughout construction, and encourage the need for accelerated change.

Our People

As an established international real estate company with a track record of good practice and social engagement, we are able to attract and retain the best talent.
We are committed to:

Our Performance

We are also conscious that to deliver high-quality and aesthetically pleasing buildings, we depend on competent designers, architects, investors, consultants, suppliers and contractors. As a team, we have developed a network of partners that share our values, and going forward, we are committed to:

Fulfilling ESG requirements is a reciprocal process. We must fully engage with our stakeholders: investors, property managers, tenants and communities, throughout construction, and encourage the need for accelerated change.

Our Team

We all have a role to play in ESG, from management, to the teams that constitute RE Capital, to our suppliers. We are in this together.

We believe the responsibility of fulfilling our ESG aspirations and commitments spans across our entire team and all contributors to our projects. Our ESG policy is mandated by CEO, Newman Leech, and fully endorsed at Board level. RE Capital’s management team are fully invested in this strata of corporate governance. In addition, to support our day-to-day implementation and integration of ESG, we have created a dedicated ESG Team. This team includes representation from all departments and geographies within the business to ensure we reflect the diversity of our business in our ESG initiatives. We know that adequate representation in this team promotes engagement by all within the company. In turn, this will embed meaningful integration of all the actions we take.