We gained a Green Star for the fourth year in a row for the GRESB (Global Real Estate Sustainability Benchmark) survey. This year we improved our score from 76 to 81, exceeding both the GRESB Average score of 63 and the Peer Average score of 73. Our GRESB public disclosure level was Grade A (group average Grade B). GRESB allows us and our investors to measure our sustainability performance within the real estate sector.
We were awarded another Gold for reporting in line with the 2017 European Sustainability Best Practice Recommendations (EPRA sBPRs) for the fourth year in a row. The EPRA sBPR Awards are intended to raise the standards and consistency of sustainability reporting for listed real estate companies across Europe. As with the EPRA financial BPR Awards, each year EPRA recognises companies which have issued the best-in-class annual sustainability performance report.
The Wired Certification highlights buildings that have been independently assessed and certified by WiredScore to offer the very best connectivity. Workspace is delighted to have achieved the Wired Certified Platinum rating at The Metal Box Factory (only 10% of buildings that have been Wired Certified in the world so far have achieved this rating) and the Wired Certified Gold rating for Grand Union Studios, Clerkenwell Workshops and Salisbury House. Workspace continues to invest in its digital infrastructure ensuring the best in connectivity for its customers today and tomorrow.
In 2016, we increased our Carbon Disclosure Project score from 98B to A- (scoring methodology has changed this year to a single letter score). Scores were based on disclosure, awareness, management and leadership with regards to carbon management and climate change risk.
We were once again included in the FTSE4Good Index, which helps us assess our achievements against a transparent and evolving global corporate responsibility standard. The FTSE4Good Index Series is designed to measure the performance of companies demonstrating strong Environmental, Social and Governance (ESG) practices. This year we acheived 3.2 out of 5 (Absolute Rating) and 82% (Relative Percentile Score).
We continued to hold our Investors in People accreditation for the 18th year in a row, and we achieved the Gold Award in September 2016 (re-accreditation is every 3 years). There are four different levels; Standard, Bronze, Silver and Gold, and in order to achieve Gold we had to provide 126 additional evidence requreiements. The Standard defines what it takes to lead, support and manage people well for sustainable results.
We have received our certificates from SSE to show that we purchase electricity from green sources.
Karen Jamison, our Energy & Sustainability Manager sits on the Steering Committe for the Islington Sustainable Energy Partnership (ISEP). Committee members meet six times a year to plan projects and events, and maximise benefit for members and the wider community.
We are a member of the Better Building Partnership (BBP) and report into the Real Estate Environmental Benchmark (REEB). The BBP is a collaboration of the UK's leading commercial property owners who are working together to improve the sustainability of existing commercial building stock.