GROWTHPOINT SUSTAINABILITY
August 2015
TRAILBLAZERS IN BUILDING PERFORMANCE
AGENDA
Introduction to Growthpoint
Growthpoint’s Sustainability Strategy
Growthpoint’s Green Buildings and Performance
Growthpoint’s Sustainability Roadshow
Augmented Reality Application
Growthpoint’s EE Interventions
Growthpoint’s Green Addendum
Lessons Learned
TRAILBLAZERS IN BUILDING PERFORMANCE
OUR ENVIRONMENTAL SUSTAINABILITY VISION
TRAILBLAZERS IN BUILDING PERFORMANCE
TRAILBLAZERS IN BUILDING PERFORMANCE
INTRODUCTION TO GROWTHPOINT
Growthpoint at a Glance
Our Property Portfolio
Growthpoint Properties Limited is the largest
listed property company on the JSE, with a
substantial national and Australian footprint.
80.0
76.2
15.8
70.0
24.3
60.0
50.0
Rbn
9.3
40.0
30.0
5.9
20.9
20.0
10.0
Asset Value
Retail
Office
Industrial
V&A
GOZ
TRAILBLAZERS IN BUILDING PERFORMANCE
SUSTAINABILITY AWARDS
SAPOA Awards:
Nedbank Capital Sustainable Business Awards:
TRAILBLAZERS IN BUILDING PERFORMANCE
AGENDA
Introduction to Growthpoint
Growthpoint’s Sustainability Strategy
Growthpoint’s Green Buildings and Performance
Growthpoint’s Sustainability Roadshow
Augmented Reality Application
Growthpoint’s EE Interventions
Growthpoint’s Green Addendum
Lessons Learned
TRAILBLAZERS IN BUILDING PERFORMANCE
VALUE CREATION THROUGH A SUSTAINABLE FRAMEWORK
Value Creation
Through
Sustainability
Strategic Levers
Value Creation
Utilities
Management
Making sure we bill our
tenants accurately.
Consumption
Efficiency
Reducing operational cost
for our tenants.
Renewable
(Energy mix)
Incorporating renewable
energy strategies in our
buildings.
Sustainable
Development
Making sure our new and
existing buildings adhere
to the quality standards
set out by the GBCSA.
Strategic
Projects
Educating and
mitigating risks for
our clients from an
environmental
sustainability
perspective.
TRAILBLAZERS IN BUILDING PERFORMANCE
OUR APPROACH TO SUSTAINABILITY
A four step and three step process is used for new developments
and existing buildings respectively
TRAILBLAZERS IN BUILDING PERFORMANCE
EWP RATING DIFFERENTIATES GROWTHPOINT FROM COMPETITION
Water and
Electricity data for
12 Months
GLA
Vacancy
EWP Rating
Occupational Hours
IMPROVING EFFICIENCY IN ALL OUR
BUILDINGS TO BE AT LEAST ON PAR
ENERGY = 5
0
Where the building is
located in South
Africa
Number of people in
the building
Number of
computers
5
Illustrative
10
WATER < 0
0
5
10
CARBON
NEUTRAL 10
BENCHMARK
5
POOR
0
TRAILBLAZERS IN BUILDING PERFORMANCE
ENERGY AND WATER BENCHMARK FOR GAUTENG PORTFOLIO
10
9
9
8
8
6
5
4
2
0
GLA (m2)
5
4
3
IMPROVING EFFICIENCY IN
ALL OUR BUILDINGS TO BE
AT LEAST ON PAR
1
6
BAD
BAD
3
7
Energy Rating
GOOD
10
7
Energy Rating
ENERGY (END MAR 2015)
GOOD
ENERGY (END DEC 2013)
2
1
0
GLA (m2)
*Excluding Tiber & Equity
TRAILBLAZERS IN BUILDING PERFORMANCE
ENERGY AND WATER BENCHMARK FOR GAUTENG PORTFOLIO
10
9
9
8
8
6
5
4
2
0
5
4
3
IMPROVING EFFICIENCY IN ALL
OUR BUILDINGS TO BE AT
LEAST ON PAR
1
6
BAD
BAD
3
7
Water Rating
GOOD
10
7
Water Rating
WATER (END MAR 2015)
GOOD
WATER (END DEC 2013)
2
1
0
GLA (m2)
GLA (m2)
*Excluding Tiber & Equity
TRAILBLAZERS IN BUILDING PERFORMANCE
AGENDA
Introduction to Growthpoint
Growthpoint’s Sustainability Strategy
Growthpoint’s Green Buildings and Performance
Growthpoint’s Sustainability Roadshow
Augmented Reality Application
Growthpoint’s EE Interventions
Growthpoint’s Green Addendum
Lessons Learned
TRAILBLAZERS IN BUILDING PERFORMANCE
GROWTHPOINT GREEN STAR RATED BUILDINGS
We design new buildings to
be at least a GBCSA 4 Star
Green star rating
• Growthpoint is a founding platinum
member of the Green Building
Council of South Africa (GBCSA).
Ridgeview
(6 650m²) 5 *
• All our new developments aim for at
least a four star Green Star rating
• Growthpoint has 12 new build Green
Star rated buildings of which some
are 50% owned.
Bridge Park, Century City
(30, 000m²) 5 *
TRAILBLAZERS IN BUILDING PERFORMANCE
EXISTING BUILDING PERFORMANCE RATINGS
New Green Star tool which assesses the existing
performance of a building
• Ten buildings in current portfolio have
been rated using the new EBP Pilot tool
• One 5 Star rating, Seven 4 Star ratings,
Two 3 Star ratings
• Targeting another 30 buildings in this
financial year
• A stringent process is followed to
improve, electricity and water
consumption, while simultaneously
focusing on increasing productivity
TRAILBLAZERS IN BUILDING PERFORMANCE
OUR GREEN BUILDINGS OUTPERFORM THE BENCHMARK HANDS DOWN
250
GBCSA Energy Performance Benchmark
208.1
182.7
168.3
161.6
151.6
Mar 2014
Nov 2013
50
Oct 2012
100
June 2013
150
Dec 2011
Annual Electricity (kWh/m2)
200
Pay R5/m2
to R12/m2
less per
month
0
Lincoln on the Lake
Mayfair on the Lake
Lakeside 3
Tshedimosetso House 44 on Grand Central
TRAILBLAZERS IN BUILDING PERFORMANCE
OUR GREEN BUILDINGS OUTPERFORM THE BENCHMARK HANDS DOWN
1
Pay R2/m2
to R5/m2
less per
month
GBCSA Water Performance Benchmark
0.9
0.8
0.65
0.6
0.51
0.5
0.51
Nov 2013
0.1
June 2013
0.2
Oct 2012
0.3
Mar 2014
0.37
0.4
Dec 2011
Annual Water (kl/m2)
0.69
0.7
0
Lincoln on the Lake
Mayfair on the Lake
Lakeside 3
Tshedimosetso House 44 on Grand Central
TRAILBLAZERS IN BUILDING PERFORMANCE
AGENDA
Introduction to Growthpoint
Growthpoint’s Sustainability Strategy
Growthpoint’s Green Buildings and Performance
Growthpoint’s Sustainability Roadshow
Augmented Reality Application
Growthpoint’s EE Interventions
Growthpoint’s Green Addendum
Lessons Learned
TRAILBLAZERS IN BUILDING PERFORMANCE
Sustainability Video
TRAILBLAZERS IN BUILDING PERFORMANCE
AGENDA
Introduction to Growthpoint
Growthpoint’s Sustainability Strategy
Growthpoint’s Green Buildings and Performance
Growthpoint’s Sustainability Roadshow
Augmented Reality Application
Growthpoint’s EE Interventions
Growthpoint’s Green Addendum
Lessons Learned
TRAILBLAZERS IN BUILDING PERFORMANCE
Augmented Reality App Video
TRAILBLAZERS IN BUILDING PERFORMANCE
AGENDA
Introduction to Growthpoint
Growthpoint’s Sustainability Strategy
Growthpoint’s Green Buildings and Performance
Growthpoint’s Sustainability Roadshow
Augmented Reality Application
Growthpoint’s EE Interventions
Growthpoint’s Green Addendum
Lessons Learned
TRAILBLAZERS IN BUILDING PERFORMANCE
GROWTHPOINT’S EE INTERVENTIONS
Reduction
in (tCO2)
Electricity
savings (kWh)
Electricity for homes*
47118
47,582,155
Electricity for 13 043
houses per month
Rooftop Solar PV – Lincoln on the
Lake 44 kWp
59
60,024
Electricity for 16 houses
per month
Rooftop Solar PV – Infotech
(Hatfield) 96 kWp
140
141,036
Electricity for 38 houses
per month
Rooftop Solar PV – Waterfall Mall
(Rustenburg) 574 kWp
865
873,638
Electricity for 239 houses
per month
78,820
79,604,567
Electricity for 13, 336
houses per month
Project
Energy efficient lights installed
across various buildings
TOTAL
*Assuming 304 kWh electricity consumption per household per month
TRAILBLAZERS IN BUILDING PERFORMANCE
SOLAR PLANTS IN THE GROWTHPOINT PORTFOLIO
Lincoln on the Lake –
Umhlanga, Durban
Waterfall Mall – Rustenburg
Infotech – Hatfield, Pretoria
Over 70 buildings
identified and 20
currently under
investigation
TRAILBLAZERS IN BUILDING PERFORMANCE
AGENDA
Introduction to Growthpoint
Growthpoint’s Sustainability Strategy
Growthpoint’s Green Buildings and Performance
Growthpoint’s Sustainability Roadshow
Augmented Reality Application
Growthpoint’s EE Interventions
Growthpoint’s Green Addendum
Lessons Learned
TRAILBLAZERS IN BUILDING PERFORMANCE
GROWTHPOINT GREEN ADDENDUM
Growthpoint pays for
the capital outlay of
various EE projects it
selects, and the benefit is
shared 50/50 with our
tenants i.e. the savings
that are incurred are
shared equally.
REDUCED
ENERGY
CONSUMPTION
TRAILBLAZERS IN BUILDING PERFORMANCE
GROWTHPOINT GREEN ADDENDUM- WHY GREEN BILLING?
Overcoming conflicting incentives
High Cost
• Leaders in Sustainable
Developments
Sustainable Vision
• Sustainable Buildings &
Green Initiatives have
High Initial Outlay
• Longer Payback Period
• Discover a Solution
that Benefits Both the
Landlord and the
Tenant
A ‘Win-Win’
Situation
TRAILBLAZERS IN BUILDING PERFORMANCE
GROWTHPOINT’S FIRST GREEN ADDENDUM INITIATIVE
Energy Efficient Lighting upgrade- commercial sector
Lighting Rollout over
Growthpoint Portfolio
80 commercial buildings
•
Growthpoint replaced old inefficient lights with
more energy efficient lighting technologies
•
Eskom
Rebate
The lights come with a 3 year product warranty
50% Share in saving- ‘Green recoveries’
Gauteng
KZN
Western Cape
June’15
June’15
June’15
80.8%
93%
68%
Standard
Electrical
& Aurora
Green Addendum &
Product Warranty
TRAILBLAZERS IN BUILDING PERFORMANCE
GREEN RECOVERIES- CAPEX FOR BASEMENT LIGHTING ROLLOUT
Over 20 buildings
identified for
basement lighting
project commencing
in September
Savings achieved at The Place Sandton
Pilot at The Place,
Sandton = Cost savings
of approximately 92%
TRAILBLAZERS IN BUILDING PERFORMANCE
ELECTRICITY REDUCTION IN OUR OFFICE PORTFOLIO
Electricity (kWh/m2) Percentage Change
105%
100%
Western Cape
5% reduction
95%
90%
KwaZulu Natal
9.5% reduction
85%
80%
Electricity GAU
Electricity WC
Electricity KZN
75%
Gauteng
16% reduction
*Only buildings were included in this analysis where we had 35 months of uninterrupted data
TRAILBLAZERS IN BUILDING PERFORMANCE
AGENDA
Introduction to Growthpoint
Growthpoint’s Sustainability Strategy
Growthpoint’s Green Buildings and Performance
Growthpoint’s Sustainability Roadshow
Augmented Reality Application
Growthpoint’s EE Interventions
Growthpoint’s Green Addendum
Lessons Learned
TRAILBLAZERS IN BUILDING PERFORMANCE
GREENING GROWTHPOINT'S PORTFOLIO
Start with
the data
Green Star
SA
Collaborate
Lessons
Learned
Capitalize
on tenant
interest
Ambassador
Closely track
energy data
TRAILBLAZERS IN BUILDING PERFORMANCE
THANK YOU
TRAILBLAZERS IN BUILDING PERFORMANCE