Environmental targets highlights
25% of the portfolio with green leases by 2025
Net Carbon Zero operational carbon emissions by 2040
90% of the office portfolio with top two tiers green certifications by 2025
Our portfolio’s 2022 environmental performance highlights
Total carbon emissions
in 2022, ▼5% as compared to 2021
GHG emissions data coverage
of the portfolio1, ▲1% as compared to 2021
Average tCO2e / sqm intensity
in 2022 as compared to 2021
Water consumption intensity (m3/sqm)
in 2022 as compared to 2021
Total energy intensity (kWh / sqm)
in 2022 as compared to 2021
Waste recycled
in 2022, up from 42% in 2021
Renewable and low carbon energy
of total energy kWh in 2022, ▼8% as compared to 2021
Waste directed to landfill
out of total waste recorded in 2022
Task force on climate-related disclosures (TCFD)
In response to the enhanced climate reporting requirements introduced by SGX-ST in December 2021, the Manager has adopted TCFD recommendations since 2021 with a three-year roadmap to enhance the climate risk management process and at the same time, improve the quality of climate reporting.
Sustainable developments and redevelopments
![](https://www.cromwelleuropeanreit.com.sg/wp-content/uploads/2023/12/blog-2.jpg)
Nervesa 21, Milan, Italy
Redevelopment of existing office to a 10,000 sqm LEED platinum Grade A office space
Refurbishment scope includes replacement of the façade, new mechanical & electrical installation, improved entry and extensive landscaped amenity, creation of roof terraces as well as overall increase of lettable area total through construction of external panoramic lifts
20% additional GFA granted for no charge due to sustainability building specifications
Ready for occupation in 1Q 2024
![](https://www.cromwelleuropeanreit.com.sg/wp-content/uploads/2023/12/blog-1-1.jpg)
Lovosice ONE Industrial Park I, The Czech Republic
Refurbishment of 2,611 sqm existing building and development of five new warehouse units and with a total lettable area of 14,679 sqm
![](https://www.cromwelleuropeanreit.com.sg/wp-content/uploads/2023/12/blog-3.jpg)
Nove Mesto ONE Industrial Park I / III, Slovakia
Development of two new warehouse units DC 3 (3,850 sqm) and DC 7 (11,975 sqm)