As part of Kinland’s ESG commitments, we have adopted the GRESB Infrastructure Asset Assessment framework to assess and benchmark our ESG performance against peers.
Assessments are conducted on an annual basis and are structured into a Management component and a Performance component, each of which are subjected to a multi-layer validation process, scored and benchmarked.
For more information about GRESB and their infrastructure assessments, please visit www.gresb.com
During 2021, in parallel with the further expansion of our social infrastructure portfolio and strengthening of our management team, Kinland has reinforced our ESG focus by implementing the following measures:
In October 2021, the 42 children were able to move into their new kindergarten, and the process of getting it officially registered is also in progress. A government registration will mean that the two adult volunteers working there will be eligible for a salary, as well as a daily nutritious meal for all the children while the kindergarten is in operation. The children in Lulutho now have a safe place where they can focus on cognitive development and motor skills, and build an important foundation for the dignified life they deserve.
Kinland’s aim is for our properties to have minimal impact on the surrounding biodiversity.
Where possible, we will look to improve biodiversity and where possible will monitor impacts, whether positive or negative.
Kinland’s aim is to understand the future risk and opportunities of climate change on the individual properties in our portfolio.
Kinland will conduct and integrate climate risk studies in our investment decisions.
Where necessary and possible, Kinland will investigate and complete adaptation and mitigation measures for climate change.
Where necessary, Kinland will support operators and has considered the resilience of our portfolio to catastrophe or natural disasters.
Kinland will support operators to procure only renewable energy and to increase energy efficiency of our buildings.
Kinland’s aim is to reduce GHG emissions through supporting operators to reduce energy consumption and procure renewable energy.
Kinland has the ambition of reaching net zero carbon where possible, or to align with the targets of the jurisdictions where our properties are located.
Where possible, Kinland will look to support operators in developing a sustainable procurement or sourcing processes.
Where relevant, Kinland itself will adopt sustainable material sourcing and promote resource efficiency.
Kinland will aim to support operators in reducing waste generation and the diversion of materials to landfill.
Where relevant, Kinland itself will reduce its waste generation and work with our tenants to improve recycling and circularity efforts.
Kinland aims to ensure sustainable use of water resources by our operators.
Through our properties, Kinland plays a key role in community development.
Kinland’s aim is to have a positive impact in the community by providing necessary care services.
Kinland’s aim is to support local communities through social enterprise partnering with local community groups.
Kinland will support charities related to social care in international areas that are deprived of basic social infrastructure.
Kinland will promote local employment opportunities.
Health and safety of the local community and users of our properties are of key importance to Kinland. We will work with operators to ensure health and safety measures are upheld.
Where possible, Kinland would like to understand our operators’ satisfaction levels, and will aim to engage with customer/operators on an annual basis.
Kinland intends to minimize air, light and noise pollution and where necessary and possible Kinland will engage with operators to further support this aim.
Kinland aims to provide a safe and comfortable work environment, with a strong emphasis on health and safety measures, labour standards and working conditions.
Employee engagement is of principal importance to Kinland, and we aim to undertake an annual employee satisfaction survey.
Kinland will ensure that our inclusion and diversity aims reflect those of our shareholders and other stakeholders.
The Kinland remuneration framework outlines the importance of the consideration of ESG risks in the advancement of Kinland. It is important to Kinland that our employees are fully aligned with our Sustainability Policy and adherence to this policy is considered in every employee’s performance assessment. Such performance assessments are linked to, and can directly impact, the remuneration of employees.
Kinland will strive to ensure that our supply chain and contractors abide by the minimum standards set by the jurisdictions we operate in. This includes measures to prevent child labour and other forms of forced labour or modern slavery.
Kinland aims to ensure our contractors and supply chain abide by relevant jurisdictions’ health and safety measures.
Kinland’s Board of Directors has an active role in its sustainability drive and supports continuous improvement of its ESG decision making.
Kinland adheres and subscribes to our shareholders’ responsible investment practices, including those set by PATRIZIA.
Kinland believes in an open, transparent and safe working environment and recognizes and supports whistleblower protection.
Kinland aims to delegate authority on ESG issues throughout the organisation, emphasizing the importance of the integration of issues into our business plan and strategy process.
Shareholder rights are defined by our charter and bylaws, and Kinland ensures it abides by the standards set.
We ensure any engagement with lobbying groups are aligned with our climate change and other sustainability commitments and align with our shareholders’ and PATRIZIA’s corporate commitments.
Kinland commits to abide by GDPR and any cybersecurity policies which currently exist is the jurisdictions we operate in.
Kinland require from all its employees that they refrain from actions or to have interests that hinder them to perform their duties objectively and effectively.
Kinland has implemented an extensive Code of Conduct aimed to create a sound corporate culture and to preserve our integrity by helping employees to promote standards of good business practice.
This includes the promotion of fair dealing, honesty and integrity in every aspect in dealing with other employees, business relations and customers, the public, our business community, shareholders, suppliers, competitors and government authorities, including refraining from political contributions.