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Commercial property KPI 09

In Our Commercial Property Portfolios
2009 Performance Against Target Stakeholder Groups Required Change in Performance 2009 versus 2008 Governance Responsibility Performance Against Target Commentary
Energy and carbon emission reduction programme to be created for 24 key properties Retail and Institutional Investors in Legal & General Funds Increase Standards Sustainability Committee LGP On target. We have set tangible targets for half of the key properties to reduce energy usage and occupational costs. We will complete a year end analysis across properties where savings have been identified.
A robust 3 year programme to achieve ISO 14001 accreditation across all of our directly managed properties Retail and Institutional Investors in Legal & General Funds Increase Standards Sustainability Committee LGP On target. Of the 40 property target, all have been scoped and internally audited during 2009.
Legal & General Property (LGP) will work with property occupiers to adopt 'green lease' principles across all service charge properties Retail and Institutional Investors in Legal & General Funds Increase Standards Sustainability Committee LGP On target. We have designed a green lease toolkit and MOU (Memorandum of Understanding) and provided this toolkit to all occupiers of service charge properties.
Ensure our partners continue to maintain and improve the environmental credentials for all properties under management Retail and Institutional Investors in Legal & General Funds Maintain Standards Sustainability Committee LGP On target. We achieved ISO140001 for the Leisure Fund in 2009 and maintained the number of properties which achieved 14001 verification in 2008 (24assets)
Benchmark LGP's funds under management and agree sustainable improvement plans for each property Retail and Institutional Investors in Legal & General Funds Maintain Standards Sustainability Committee LGP On target. Sustainability Portfolio Analysis questionnaires have been completed for 46 properties.
Measure the carbon impacts of third party suppliers to Legal & General with reference to our directly managed investment properties. Retail and Institutional Investors in Legal & General Funds Maintain Standards Sustainability Committee LGP On target. 88% of occupiers have responded to the survey on their carbon footprint. Further review and analysis of these responses will now take place.
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