Issued by PRUPIM
The Report shows how the company is ensuring the long-term economic viability of its property portfolios with consideration for three areas of performance - environmental, economic and social
PRUPIM today publishes its report on non-financial performance for 2006 at www.prupim.com/2006sustainabilityreport.
PRUPIM’s Sustainability Report demonstrates how the company is ensuring the long-term economic viability of its property portfolios with consideration for three areas of performance – environmental, economic and social.
During the course of 2006, PRUPIM has made considerable progress towards achieving its goals. Some of the most notable examples are:
The introduction of a green electricity contract across PRUPIM’s entire managed UK portfolio resulted in a reduction of 22,226 tonnes of CO2, representing 26% of total portfolio CO2 emissions during 2006.
The Manchester Arndale Grass Roots community investment project won Business In The Community's North West Award for Excellence in the Power in Partnership category (together with BiTC's Big Tick Award), and the Business In The Community Neighbourhood Renewal Award.
Securing agreement to launch PRUPIM’s “Improver Portfolio” – a fund of 25 properties valued in excess of £500 million – with the aim of improving sustainability performance and enhancing/protecting value.
The 2006 Sustainability Report provides detailed facts and figures on PRUPIM’s performance, recent case studies and information on current targets.
An Executive Summary of PRUPIM’s 2006 Sustainability Report has been printed and copies may be obtained from email@example.com, or Sustainability, PRUPIM, 271-273 High Holborn, London WC1V 7NE.
PRUPIM is one of the leading real estate investment managers in the UK with over £19 billion invested in a broad spread of properties across all UK sectors and overseas (as at 31/12/06). PRUPIM is part of M&G, the investment arm of Prudential plc in the UK and Europe.