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OUR 2017 ACHIEVEMENTS
AVOID
Avoiding consumption by redevelopment
or large-scale refurbishment of our
portfolio (1,1 % of the total portfolio in
2017) is in our profession the main way
to actively participate in global efforts
to reduce greenhouse gases. We strive
to go as far as possible in terms of
energy efficiency, often beyond legal
requirements, where economically viable.
As part of our sustainable approach,
we completed 74 interventions in the
distribution network segment in 2017.
RENEWABLE SOURCE
Minimal energy consumption will always
be necessary. The global goal is to
increase the share of renewable energy.
In 2017, we deepened our knowledge
of photovoltaic panels installed in the
portfolio: nine buildings together produce
1 GWh/year. We use all of the energy
produced. However, legal constraints
do not facilitate production expansion
without becoming an energy supplier
2
.
Photovoltaic projects are, therefore,
implemented under a ‘third-party
investor’ scheme. The mechanism releases
us of all responsibility as an energy
supplier and enables us to enhance
unusable areas for other activities.
A study for the potential installation of
photovoltaic panels in the healthcare
real estate segment in Brussels revealed
only two assets of interest. A study of the
potential in the Netherlands is in progress.
REDUCE
The consumption reduction approach
differs for each segment. In the office
segment, we are often involved in both
the construction/refurbishment phase
and in the day-to-day management of
a majority of buildings. This enables us
to influence energy consumption as of
the building's occupation. At 31.12.2017,
34 tenants had signed a Green Charter,
covering 133,033 m², i.e. 20% of the
office portfolio. In other segments,
our involvement is limited to raising
tenants’ awareness. Building occupants
are responsible for their own energy
consumption management. Cofinimmo’s
involvement is sometimes limited to the
level of data exchange.
MEASURE
Energy reduction starts with an increased
knowledge of the portfolio. We therefore
gradually improve the consumption
records of our buildings’ equipments.
The action plan implemented since
2013 reaches its final phase with the
equipment with remote meters in 45 of
57 buildings. These meters connect
equipment to an energy accounting
software. Consumption data of all
common areas managed by Cofinimmo,
as well as private consumption data
voluntarily provided by tenants (for
example the electricity consumption
of 80% of the healthcare portfolio) are
collected in this software.
All energy consumption and CO
2
emission
results are available in the
Appendix
2017 Key Performance Indicators
1
of
the 2017 Sustainability Report - full
version (see
www.cofinimmo.com).
1
Cofinimmo adopted the performance indicators
recommended by the European Public Real Estate
Association (EPRA). The 28 indicators, correspond
to 21 Global Reporting Initiative (GRI) standards.
They provide a very clear picture of the performance
of different buildings from year to year.
2
In addition, in Belgium, only the subsidy system in
Brussels is favourable to this type of installation.
Police station - Termonde/Dendermonde (BE)