GECINA - REFERENCE DOCUMENT 2017

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

BREAKDOWN OF OFFICE PROPERTIES GHG EMISSIONS PER SCOPE (DDU ADJUSTED)

11 %

57 %

Scope 1 1,797 t of CO 2

Scope 3 9,086 t of CO 2

Scope 2 4,992 t of CO 2 32 %

OFFICES PORTFOLIO GHG EMISSIONS ACCORDING TO THE GHG PROTOCOL (ALL USES COMBINED)

Scope 1

Scope 2

Scope 3

Total

ton of CO 2 ton of CO 2

1,737 1,797

5,038 4,992

9,204 9,086

15,979 15,876

climate adjusted*

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

Gecina has evaluated the carbon footprint of the renovation work being done on its entry hall as part of its exemplarity approach deployed at its head office in 2017. In total, 19 tCO 2 have been generated by the extraction, manufacturing and transportation of the materials and furniture used, service provider travel and waste management.

The Performance Improvement Action Plans make it possible to capitalize on high-potential actions to reduce Gecina's emissions, with the idea being to then extend them to a maximum of portfolio properties. In 2017, retro-commisioning, the installation of heat-insulated ductwork, reduction of air flows and optimisation of the temperature settings saved over 1,000 metric tons of CO 2 .

CHANGES IN THE GHG EMISSIONS OF THE OFFICES PORTFOLIO R

Change since 2008

YtoY change

2008

2016

2017

Excluding specific tenant uses

ton of CO 2 kg of CO 2 ton of CO 2 ton of CO 2 kg of CO 2 ton of CO 2

climate adjusted*

18,998 13,772 11,835

-38% -14% -40% -10%

/sq.m/year climate adjusted* climate adjusted* per occupant

27.8

18.5 315

16.6 260

-

-

-18%

All uses combined

climate adjusted*

23,888 17,916 15,875

-34% -11% -36% -7%

07

/sq.m/year climate adjusted* climate adjusted* per occupant

34.9

24.0

22.3

-

409.7 348.3

-

-15%

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

By taking the specific uses of tenants into account, Gecina records a drop of 36% in its CO 2 its target set for 2020 two years in advance. Only 19% of the decrease in emissions (i.e., 361 tCO 2 ) is due to the change in emission factor of the CPCU urban heating network, which supplies 19 office buildings. The rest of the gains came directly from steps to improve energy efficiency taken in the portfolio. emissions and has thus achieved

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GECINA - REFERENCE DOCUMENT 2017