Reporting Boundary: London office – Third
Floor, Queensberry House, 3 Old Burlington Street, London W1S 3AE
Emission sources: Electricity, T&D losses, natural gas, water, waste, business travel, paper use, homeworking
Reporting Period: 01 Jan 2020 – 31 Dec 2020
We engage our employees and wider stakeholders to unlock their talent and knowledge to drive year on year progress in sustainability.
We recognise that transparent communication is essential for transformational change and we quantifiably contribute to 5 SDG’s.
Fiera Real Estate UK, a leading investment management company with offices in North America and Europe and a team of over 130 employees, has achieved Planet Mark certification.
This is Fiera Real Estate UK’s first year of business carbon footprint reporting and Planet Mark certification. Since certifying to Planet Mark, the company has set a target to reduce emissions by 5% annually.
Fiera Real Estate UK’s total carbon footprint in the year ending 31 December 2020 was 15.8 tCO2e. Fiera Real Estate UK’s total carbon per employee in the year ending 2020 was 0.6 tCO2e.
“I am delighted to welcome Fiera Real Estate to Planet Mark certification. The property industry is ripe for change, and Fiera recognises that. Committing to reducing its carbon footprint is an important step in the company’s sustainability journey, and Fiera has an inclusive policy that will not only help cut carbon, but will also become a business asset. I look forward to this growing partnership with Fiera and seeing their progress on sustainability.”
“At Fiera Real Estate UK, we recognise the role we, and our managed funds play, in supporting the Government’s net zero carbon target of 2050. In 2020, we partnered with Planet Mark to better understand the business’s carbon footprint and were awarded the Planet Mark Year 2020 Business Certification, which represents a key milestone in our commitment to environmental excellence and supports our transition to net zero carbon. We believe that real change comes from working together, so we look forward to continuing our journey with Planet Mark to reduce our impact and to use our success in this space to encourage others to do the same. “
Fiera Real Estate recognises the importance of integrating environmental, social and governance (ESG) issues within its investment management processes. The team believes that they have a responsibility to their investors to fully understand the impact of these issues and to embed ESG considerations into the way we manage our funds so that we may drive long-term value and mitigate risk. Fiera aspires to be among the global leaders in ESG integration, implementing a wide reaching ESG strategy that is responsible, resilient, and engaged.
Real estate accounts for 40% of the world’s energy consumption. If the world is to reach its climate targets, the whole supply chain involved in real estate must come together to reduce emissions. Fortunately, low-carbon solutions often provide a number of business benefits. Sustainable buildings are also often healthy buildings, boosting the health, wellness and productivity of their occupiers.
As part of the Planet Mark certification, Fiera Real Estate has committed to making a year-on-year reduction.