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Buildings must achieve optimal energy performances to reduce CO

2

emissions resulting from their use.

From 2020, all new buildings in Europe will have to comply with passive standards. This is an opportunity for Cofinimmo

to differentiate itself by anticipating regulations. More energy-efficient buildings are commercially more attractive. They

offer greater comfort to occupants for a lower level of charges.

It should be noted however, that the approach differs according to segments. In the offices segment, Cofinimmo is

often involved in both the construction/renovation phase and the day-to-day management of a majority of buildings.

This allows it to have an influence over energy consumption from the moment the building is occupied. Its involvement

is limited for the other segments. Management of energy consumption is carried out by the occupants themselves.

SUSTAINABLE DEVELOPMENT REPORT /

Nine priority issues

Energy consumption and

CO

2

emissions

Responses / actions

Cofinimmo is striving to make as much progress as possible

in terms of energy efficiency, often beyond legal obligations,

within the limits of the economic profitability objective. In

2014, 2.4% of the real estate portfolio has been the subject of

redevelopment or major refurbishment in order to enhance their

energy performance. Within the next three years, Cofinimmo

plans new renovations for 4.2% of its portfolio.

In 2013, it invested in an energy data management software

programme to facilitate the identification of potential sources

of savings and the impact of investments made to reduce

consumption in office buildings. All consumption data from

all communal areas managed by Cofinimmo are included, as

well as private consumption figures supplied by tenants on

a voluntary basis. Since 2014, nursing home consumption

has been gradually incorporated into this energy accounting.

Consumption of buildings in other segments will follow. The

objective for 2018 is to include at least 25% of healthcare

real estate data and 5% of data from distribution real estate

networks.

Installing remotely-readable meters made it possible to identify

the installations consuming the most energy. In 2014, 12 office

buildings were fitted with these meters. The aim is to fit out all

multi-tenant office buildings with remotely-readable meters at

a rate of 20 buildings per year (by the end of 2018 at the latest).

Since 2007, Cofinimmo signed up to green electricity for all

communal areas managed by the Group. Purchase volumes

are around 45 GWh per year, a saving of 20,385 tonnes of CO

2

e,

which is the equivalent of nine medium-power wind turbines.

Since 2011, Cofinimmo has expanded its ISO 14001:2004

certification to Property Management of office buildings and

Project Management (major work and renovation) on buildings

in all segments combined.

The objective of obtaining BREEAM and BREEAM In Use

environmental certification is twofold: on the one hand to

improve the commercial competitiveness of its buildings,

and on the other hand to introduce processes for continual

improvement in the portfolio’s environmental performance. This

certification system assesses buildings’ performances in the

fields of energy, water, materials, pollution, soil management

and ecology, health and well-being, waste and mobility.

Cofinimmo will pursue BREEAM In Use certification for its office

buildings, while prioritising those currently being marketed.

The last carbon audit on the head office was in 2010. This will

be updated in 2015.

Cost saving will only be maximised when there is a dialogue between the different players at

every stage of a building’s life cycle, as well as a wish to improve: a search for a creative solution

together with the architects as from the design phase, a professional execution of the works by

the contractors, qualitative operation of the technical facilities by maintenance firms, but also

responsible building occupation by tenants. Cofinimmo must promote this dialogue.

Jean Van Buggenhout, Cofinimmo, Head of Property Services & CSR

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