Colonial Sfl Socimi Sa · BME:COL
Colonial Sfl Socimi Sa — Inmobiliaria Colonial, SOCIMI — Investor Day (July 2022)
29 slides from Colonial Sfl Socimi Sa's investor day presentation, Jul 11, 2022
Slide 1: ESG & Decarbonization – Capital Markets Day 2022
ESG & Decarbonization Carlos Krohmer Chief Corporate Development Officer Capital Markets Day 2022
Slide 2: Disclaimer
Disclaimer By attending this presentation and receiving this document (the “Presentation”), you are agreeing to be bound by the following limitations. Any failure to comply with these restrictions may constitute a violation of applicable securities laws and/or may result in civil, administrative or
Slide 3: ESG & Decarbonization
ESG & DECARBONIZATION I Strategy & Governance II Decarbonization Business Plan III Outstanding Performance 3
Slide 4: I Strategy & Governance
ESG & DECARBONIZATION I Strategy & Governance II Decarbonization Business Plan III Outstanding Performance 4
Slide 5: ESG at the Core of Corporate Strategy with Strong Governance
I STRATEGY & GOVERNANCE ESG at the Core of Corporate Strategy with Strong Governance ESG AT THE CORE OF CORPORATE STRATEGY…. … UNDERPINNED BY A STRONG GOVERNANCE 1. Polarization through maximum ESG Standards > Top Quality Portfolio – Max Eco Efficiency > Top Clients – Focus on Sustainability > Top I
Slide 6: A Clear Strategy RoadMap
I STRATEGY & GOVERNANCE A Clear Strategy RoadMap A CLEAR STRATEGY WITH CLEAR PRIORITIES – MATERIAL IMPACT ANALYSIS 6
Slide 7: Clear Priorities through Material Impact Analysis
I STRATEGY & GOVERNANCE Clear Priorities through Material Impact Analysis A CLEAR STRATEGY WITH CLEAR PRIORITIES – MATERIAL IMPACT ANALYSIS 7
Slide 8: Business Plan with Sustainability KPIs
I STRATEGY & GOVERNANCE Business Plan with Sustainability KPIs BUSINESS PLAN WITH SUSTAINABILITY KPIs… … ENHANCED WITH STRATEGIC MILESTONES Strategic Delivery Goal 2030 YTD 1 2021 Annual Integrated Report Reduction of operational GHG emission Carbon (56%) LFL fully TCFD aligned (Scope1&2 – Carbon In
Slide 9: II Decarbonization Business Plan
ESG & DECARBONIZATION I Strategy & Governance II Decarbonization Business Plan III Outstanding Performance 9
Slide 10: A clear path to operational carbon neutrality
II DECARBONIZATION BUSINESS PLAN A clear path to operational carbon neutrality 11. First Decarbonization Plan established in 2015 INTENSITY SCOPE 1 & 2 (KgCO2e/sqm) 22. New Decarbonization Plan approved by the Board in 2021 > New base year 2018 30 > Reduction of (52%) in operational carbon intensity
Slide 11: A specific Action Plan asset per asset
II DECARBONIZATION BUSINESS PLAN A specific Action Plan asset per asset 11. Specific Action Plan on Operating Portfolio FOUR MAJOR AREAS OF ACTIVITY > Capex of 50€m in 5 years with specific actions A. Ventilation and climate: Replacement of air-conditioning systems and installation of more efficient
Slide 12: Minimizing embodied carbon in projects
II DECARBONIZATION BUSINESS PLAN Minimizing embodied carbon in projects MINIMIZING EMBODIED CARBON IN PROJECTS THROUGH LIFE CYCLE ANALYSIS Miguel Ángel 23 – Madrid CBD Biome – Paris CityCenter Building acquisition Building acquisition > Analysis of future economic and sustainability value creation >
Slide 13: Minimizing embodied carbon in projects
II DECARBONIZATION BUSINESS PLAN Minimizing embodied carbon in projects MINIMIZING EMBODIED CARBON IN PROJECTS THROUGH LIFE CYCLE ANALYSIS Miguel Ángel 23 – Madrid CBD Biome – Paris CityCenter Leading the Benchmark on embodied Carbon Leading the Benchmark on embodied Carbon ✓ Embodied Carbon 537 kgC
Slide 14: III Outstanding Performance
ESG & DECARBONIZATION I Strategy & Governance II Decarbonization Business Plan III Outstanding Performance 14
Slide 15: Strong Progress on EcoEfficiency
III OUTSTANDING PERFORMANCE Strong Progress on EcoEfficiency CONTINUOUS PROGRESS ON ENERGY EFFICIENCY MAXIMUM CERTIFICATIONS ON PROJECTS Portfolio with Leed & Breeam1 – Value Biome 95% +187 • BREEAM Refurbishment: Excellent +€1.2bn bp • LEED Core and Shell: Gold €9,0bn • HQE Rénovation: Exceptionnel
Slide 16: Strong Progress on Operational Carbon Intensity
III OUTSTANDING PERFORMANCE Strong Progress on Operational Carbon Intensity INTENSITY SCOPE 1 & 2 (KgCO2e/sqm) INTENSITY SCOPE 1 & 2 (tCO2e/€m GAV) 2021 Carbon intensity of 9 kgCO2e/sqm 2021 Carbon intensity of 0.5 tCO2e/€m 80 20 18 70 16 60 14 50 12 40 10 8 30 6 20 4 10 2 0 0 16
Slide 17: Solid Performance on all Sustainability KPIs
III OUTSTANDING PERFORMANCE Solid Performance on all Sustainability KPIs CARBON INTENSITY PER SQM RENEWABLE ENERGY WASTE RECOVERY Scope 1 & 2 – KgCo2e/sqm % % 26 99% 80% +19bp 70% 20 (64%) +38bp Waste Recovery 9 32% 186,872tn 2015 2018 2021 2018 2021 2018 2021 CARBON INTENSITY – Value €m ENERGY INTE
Slide 18: European leadership on GRESB
III OUTSTANDING PERFORMANCE European leadership on GRESB 18
Slide 19: Global leadership on CDP
III OUTSTANDING PERFORMANCE Global leadership on CDP CDP SCORE REPORT – CLIMATE CHANGE 2021 GLOBAL CDP SCORE REACHING THE “A” LIST > The sole Office Real Estate company in Europe > Among the only 5 real estate companies in Europe > Among the only 12 real estate companies in worldwide > Among the 200
Slide 20: Ratings well above peers
III OUTSTANDING PERFORMANCE Ratings well above peers BENCHMARKING(1)(2) BLOOMBERG GRESB CDP VIGEO – ESG SCORE ESG Score Colonial Group Colonial Group Colonial Group Colonial Group 61 94 A 64 Gecina Gecina Gecina Gecina Peer 1 52 Peer 1 93 Peer 1 Peer 1 56 A- Als tria Alstria Alstria Alstria Peer 2 5
Slide 21: Strong Decarbonization Performance vs Peers
III OUTSTANDING PERFORMANCE Strong Decarbonization Performance vs Peers BENCHMARKING(1)(2) CARBON INTENSITY - Scopes 1&2 SBTi AMBITION SCOPE 3 REPORTED IN-USE CERTIFICATIONS kgCo2e/ sqm Net Zero Ambition # of Scope 3 Categories reported Colonial Group Colonial Group Colonial Group 9 ≥ 77 95% 1.5 ºC
Slide 22: Green Bond Conversion
III OUTSTANDING PERFORMANCE Green Bond Conversion COLONIAL GROUP CONVERTS ALL ITS CURRENT BONDS INTO GREEN BONDS February 2022: GREEN BONDS ISSUED - BENCHMARK > Full conversion of all outstanding bonds (€4.6bn) to green bonds 100% Peer 1 100% > Green financing underpinned by Grade A portfolio with o
Slide 23: Value Creation through Strong Sustainability Performance
III OUTSTANDING PERFORMANCE Value Creation through Strong Sustainability Performance COLONIAL VALUE CREATION MODEL… … UNDERPINNED BY MARKET EVIDENCE Source: CBRE Research Q2 2022 – Madrid Market Investments ✓ Decarbonization actions Capex required ✓ Projects / Transformations Reducing Costs Increasi
Slide 24: Appendix
ESG & DECARBONIZATION Appendix 24
Slide 25: Strong Commitment to ESG & Decarbonization: Carbon Footprint
IV APPENDICES Strong Commitment to ESG & Decarbonization CARBON FOOTPRINT 2021, 2020 & 2019 (tCO2e) TOTAL VAR 20 vs 21 LFL VAR 20 vs 21 LFL VAR 19 vs 21 (pre covid) 2021 2020 2019 Var. Var %. Var. Var %. Var. Var %. BARCELONA 5,636 5,913 5,767 (277) (5%) (143) (3%) (1,628) (39%) MADRID 11,195 10,174
Slide 26: LFL Intensity Carbon Emissions 2021, 2020 & 2019
IV APPENDICES Strong Commitment to ESG & Decarbonization LFL INTENSITY CARBON EMISSIONS 2021, 2020 & 2019 – (Scope 1 & 2) (KgCo2e/sqm) Var. BARCELONA 19-21 (69%) Var. 20-21 +3% Var. Var. 19-21 19-21 (43%) (27%) MADRID GROUP Var. Var. 20-21 20-21 +57% +37% Var. 19-21 +7% PARIS Var. 20-21 +40% 26
Slide 27: Categories Scope 1, 2 & 3
IV APPENDICES Categories Scope 1, 2 & 3 CARBON EMISSIONS – SCOPE 1, 2 & 3 CATEGORIES (tCO2e) Downstream leased assets Scope 3 Scope 2 Scope 1 27
Slide 28: Categories Scope 3
IV APPENDICES Categories Scope 3 CARBON EMISSIONS – SCOPE 3 CATEGORIES (tCO2e) Portfolio in operation 28,519 tCO2e 27% 107,557 tCO2e 73% Projects 79,038 tCO2e 28
Slide 29: www.inmocolonial.com
www.inmocolonial.com © Colonial
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