GECINA - REFERENCE DOCUMENT 2017

07

FROM CORPORATE RESPONSIBILITY TO SUSTAINABLE PERFORMANCE Priority 3: reduce environmental footprint by a resource-efficient and carbon-neutral real estate

CO 2 INTENSITY OF THE PROPERTY PORTFOLIO IN OPERATION PER OCCUPANT

Offices

Residential

2016

2017

change

2016

2017

change

Excluding specific tenant useS

ton of CO 2 adjusted* kg of CO 2

climate

13,772

11,835

-14% 14,648

13,483

-8%

climate

adjusted* per occupant

315

260

-18%

731

655

-10%

All uses combined

ton of CO 2 adjusted* kg of CO 2

climate

17,916

15,875

-11% 21,634

20,468

-5%

climate

adjusted* per occupant

401

348

-15% 1,080

1,019

-6%

Heating/cooling DDU adjusted for property portfolio (see reporting protocol on the Gecina website * http://www.gecina.fr/en/csr/reporting-ecosystem.html).

As mentioned in Section 7.2.4.3, the change in energy and carbon flows is studied from two angles: one deals exclusively with non-use items related to the functioning and operation of the structure (heating, air conditioning, domestic hot water, lighting, and general services), and the other includes tenant uses. Operationally speaking, Gecina has undertaken a great many actions to reduce the environmental footprint of operating its buildings. Continuing this commitment will result in initiatives to reduce two thirds of emissions related to occupant uses.

In 2017, Gecina joined with the company Artelia to develop a methodological tool to be used from the design phase forward for buildings not yet built or under reconstruction in order to optimize carbon emissions throughout their life cycle. As the design phase is underway or still to come for a certain number of operations, projected data for Friedland, 152 avenue Charles de Gaulle, Neuilly Graviers, 75 Grande Armée and Avenue de Niepce in Montigny do not appear in the table below. Since the Be Issy and Sky 56 buildings were built under pre-construction agreements, Gecina was not able to intervene in the design modeling.

PROJECTION OF THE CARBON PERFORMANCE OF COMMERCIAL BUILDINGS TO BE RENOVATED, BEFORE AND AFTER RENOVATION (EXCLUDING SPECIFIC TENANT USE)

Projects whose design has been finalized

tCO 2

/sq.m before renovation

tCO 2

/sq.m after renovation

Le France 7 Madrid

33.0 tCO 2 64.2 tCO 2 21.4 tCO 2 16.8 tCO 2 25.0 tCO 2 28.8 tCO 2

/sq.m /sq.m /sq.m /sq.m /sq.m /sq.m

8.6 tCO 2 5.4 tCO 2 12.1 tCO 2 6.3 tCO 2 8.0 tCO 2 6.0 tCO 2

/sq.m /sq.m /sq.m /sq.m /sq.m /sq.m

Octant Sextant

32 Guersant

20 Ville L’évèque

Ibox

Carbon footprint of the offices portfolio in 7.5.1.3.2 operation

55% of emissions generated by activity in the commercial properties (excluding purchases of products and services and travel by the occupants) are linked to occupancy of the buildings. Accordingly, actions by Gecina account for 45% of total emissions generated. However, aware of the importance of involving the occupants of buildings in their overall performance, the targets set for 2020 and 2030 focus on the totality of emissions, including the specific uses of tenants.

Reminder of the 2020 targets: Offices without usage: 17 kgCO 2 ■ compared to 2008 Offices including usage: 22 kgCO 2 ■

/sq.m/year, i.e. -40%

/sq.m/year, i.e. -35%

compared to 2008

240 GECINA - REFERENCE DOCUMENT 2017

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