Net Zero
We strive for net zero in both design and operation, balancing greenhouse gas production and removal. Our approach includes:
- Adopting circularity principles to eliminate waste and pollution, circulate products and materials, and regenerate nature
- Ensuring compliance with evolving regulatory requirements
- Implementing energy-efficient systems and transitioning to renewable energy sources
Well Being
We create healthy, attractive workplaces that prioritise occupant comfort and productivity by:
- Optimising internal environments for occupiers’ health
- Providing end-of-trip facilities, cycle storage, and fitness amenities
- Designing spaces that support the future of work, emphasising collaboration and hospitality
- Incorporating landscaping and planting within our developments
Social Good
We engage positively with our communities and stakeholders through:
- Active occupier and community engagement programmes
- Collaboration with our supply chain to promote responsible practices
- Our ‘Our Space is Your Space’ initiative, making amenities available to community groups during downtimes
- Uplifting the surrounding environment through our developments
Nature Positive
We integrate nature into our properties and support urban ecosystems by:
- Incorporating biophilic design principles
- Achieving Biodiversity Net Gain in our projects
- Prioritising landscaping in and around our developments
- Implementing nature-based climate adaptation solutions
Implementation
- We set targets for reducing carbon, waste, and water usage across our portfolio
- We engage with tenants to promote sustainable practices and monitor ESG metrics
- Our asset management services include developing customised ESG policies, data collection and analysis, and stakeholder reporting
- We assist clients in meeting regulatory requirements and adopting responsible investment practices
By leveraging our expertise in office repositioning and sustainable asset management, 3RE aims to lead the transition towards resilient, low-carbon real estate in London & Dublin. We create value for investors while contributing to a greener, more sustainable urban environment that benefits occupiers, communities, and the planet.
ESG focus Actions
Focus on aligning and complying with international investment frameworks
Guided by our four pillars, we also seek to align with globally recognised guidance, principles and actions that we believe are best placed to achieve sustainable office investment.
Global Alignment
- Adherence to UK Sustainability Disclosure Requirements (SDR) framework, UKGBC Net Zero Framework and UK Net Zero Carbon Buildings Standard
- Alignment with EU Taxonomy environmental objectives, particularly climate change mitigation and adaptation
- Implementation of TCFD recommendations for climate-related risk management, where required
ESG Integration
- Whole life cycle carbon analysis (embodied and operational)
- Circular economy principles in design and operation
- NABERS ratings for operational performance
- Green building certifications such as BREEAM, LEED accreditations
Investment Process
- ESG screening for potential asset acquisitions
- Comprehensive ESG due diligence
- Sustainability considerations in investment decisions
- ESG-focused asset management and operations
- Responsible exit strategies highlighting sustainability credentials
Social Responsibility
- Alignment with OECD Guidelines, UN Guiding Principles on Business and Human Rights, and ILO declarations, where appropriate
- Supply chain engagement to ensure responsible practices
Reporting and Disclosure
- Alignment with UN PRI reporting frameworks
This strategy enables 3RE to create long-term value while contributing to a sustainable built environment, meeting investor expectations, and adhering to global best practices in responsible investment.
Investment Lifecycle Application
Our investment lifecycle plan from acquisition, development and refurbishment, through to sale, focuses on embedding ESG best practice and sustainability throughout the investment process.
Sustainable Framework for the planning, design and construction
As part of its responsible investment strategy, 3RE applies its ‘Sustainable Development and Refurbishment Framework’ to the planning, design, and construction of major refurbishments projects. This ensures sustainability best practices are integrated consistently from the outset, optimising sustainable outcomes and future-proofing assets.
The Framework also facilitates monitoring, data collection, and performance disclosure as 3RE transitions assets to be healthy, energy-efficient, and climate-resilient. It aligns assets with reporting requirements outlined in 3RE’s Responsible Investment Guidelines, enabling the company to meet UN PRI targets, as well as specific disclosure requirements.