WDP Annual report 2020

Page 172

This is WDP

Strategy

ESG

2020 perfomance

Governance

Financial statements

WDP 2020 Annual Report

172

EPRA SUSTAINABILITY PERFORMANCE MEASURES EPRA environmental performance indicators - WDP corporate offices Methodology concerning the WDP corporate offices Setting organizational boundaries All WDP offices in Wolvertem (BE), Breda (NL) and Bucharest (RO) are recognised in scope. Setting operational boundaries With respect to the WDP offices, WDP has operational control over the usage of all utilities (gas, electricity, water). Therefore, the direct and indirect greenhouse gases as reported below should be interpreted as follows: Direct greenhouse gases (scope 1)

direct emissions generated on site through combustion of the energy source by WDP

Indirect greenhouse gases (scope 2)

indirect emissions generated off site during combustion of the energy source

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natural gas gasoil electricity district heating & cooling (DH&C)

Indirect greenhouse gases are reported using the “location-based” accounting method and the “market-based” accounting method. For the location-based accounting method a country-average emission factor from the IEA1 report is used in the calculation. For the market-based accounting method calculations are based on the electricity utility contracts/invoices managed by WDP, of which the origin of the energy source is known. For utility contracts which are out of control of WDP, location-based accounting methods are again applied.

1 IEA stands for International Energy Agency and works with countries around the world to shape energy policies for a secure and sustainable future. www.iea.org

Data driven consumption data The Belgian headquarters are equipped with the nanoGrid energy monitoring system and utility invoices are available. The offices in Breda and Bucharest are part of a larger office building and are leased by WDP and therefore WDP has only partially access to utility consumption data. The absolute indicators reflect the gross total of data for a specific period and a specific utility (e.g. Elec-Abs, DH&C-Abs). The Like-for-Like indicators reflect the change in performance unrelated to fluctuations in portfolio size (constant boundary) (e.g. Elec-LfL, DH&C-LfL). In WDP’s reporting only the offices holding a full-year 2019 and 2020 data coverage are considered in the Likefor-Like indicators. Consumption data 2019 (restated): The figures as published in the Annual financial report 2019 were based on an extrapolation of a number of consumption data available for the previous period. Hence, these figures were updated to the real data and are reflected in this report as 'restated' figures. Coverage For the Belgian headquarters, all utilities are covered except for Water, which has been fully monitored only since begin 2020. The Dutch offices are covered for Electricity and Heat through consumption data of the office building owner. The Romanian offices are covered as from 2020. The metrics shown for Waste only consider the Belgian headquarters, since waste disposal in the Netherlands and Romania is serviced by the office building owner and not by WDP. Therefore, the coverage in the table below has to be interpreted as follows: Surface coverage

Like-for-Like

Absolute indicators

BE

NL

RO

Total

BE

NL

RO

Total

Electricity

100%

100%

100%

100%

100%

100%

0%

79%

Heat

100%

100%

100%

100%

100%

100%

0%

79%

Water

100%

0%

100%

69%

0%

0%

0%

0%

Waste

100%

0%

0%

48%

100%

0%

0%

48%