This is WDP
Strategy
ESG
2020 perfomance
Governance
Financial statements
WDP 2020 Annual Report
179
EPRA SUSTAINABILITY PERFORMANCE MEASURES
EPRA environmental performance indicators – WDP property portfolio Electricity - WDP property portfolio 2020
20191 EPRA
GRI CRESSD
Elec-Abs
302-1
Indicator
Performance measurement
Measuring unit
Total electricity consumption
Absolute
kWh
Total landlord-obtained (Sub)metered exclusively to tenants Total tenant-obtained 302-1
Like-for-Like electricity consumption Total landlord-obtained For landlord shared services (Sub)metered exclusively to tenants Total tenant-obtained
Coverage
146,558,882
72%
92,785,479
For landlord shared services
Elec-LfL
Indicator
kWh
Coverage
191,789,542
80%
48%
121,420,717
0
0
92,785,479
121,420,717
53,773,403 Like-for-Like
Indicator
Scope for statutory auditor2
109,859,751 69,551,497
70,368,825 47%
107,072,161 67,786,692
0
0
69,551,497
67,786,692
40,308,254
39,285,469
There is a significant increase in the indicator for Absolute Electricity Consumption due to the further roll-out of the nanoGrid energy monitoring system during 2020. At the end of 2019 there was a surface coverage of 72% on Electricity monitoring. This is raised to 80% by the end of 2020. The contracts for Electricity are entered into both by the tenant or by WDP, leading to a breakdown between Landlord-obtained and Tenant-obtained for the overall WDP portfolio of 63% vs. 37%. Table Landlord-obtained and Tenant-obtained utilities provides more information related to the source of the Electricity (green or grey). With respect to the landlord obtained electricity, WDP always aims for the highest share of green electricity possible. Due to relevant regulations in Romania, WDP is only able to source 42% from green energy contracts.
In the Like-for-Like analysis (namely sites with full year data for 2019 and 2020), we see a slight decrease in Electricity consumption of around 3%, mainly due to the first lockdown caused by the worldwide Covid-19 pandemic. The overall WDP portfolio shows a decrease of 12% in Electricity consumption in April 2020 compared to April 2019. This decrease rapidly faded out in the subsequent months, pointing towards continued and healthy activity levels, thereby underpinning the crucial importance of logistics.
1 As explained in the methodology, these figures are restated compared to the figures stated in the Annual financial report 2019.
2 All EPRA indicators marked with a were checked by certified Deloitte auditors in the context of a limited assurance for 2020.
