Our Environment

MANAGING THE GROUP’S ENVIRONMENTAL IMPACT

Peregrine is aware that environmental, social and economic sustainability is an integral component of the organisations long-term vision and overarching strategy. Over the last four years, Peregrine has continued on a sustainability journey aimed at creating value through the incorporation of sustainability into the Group’s business strategy.

To ensure that sustainability remains a key focus, Peregrine’s Social and Ethics Committee is mandated to report on all sustainability matters to the Board. This platform enables the Committee to share risks and opportunities at the highest level within the Company, ensure sustainability is entrenched into day-to-day operations and promote streamlined decision making.

Peregrine utilises three comprehensive strategic positions to ensure real business value is achieved, these are: risk and compliance, cost savings initiatives and revenue creation. These three-strategic positions have been applied specifically to energy, greenhouse gas emissions, green buildings, waste and water.

Focus Area

Risk

Level

Implementation

Opportunity

Greenhouse gas emissions

Compliance

Low risk

Calculate carbon footprint annually

Brand enhancement

Employee engagement

Create baseline for improvement

Energy

Electricity supply

Electricity cost

High risk

SMART metering

Understand high energy consumers

Focus energy reduction efforts

Measure ROI

Green Buildings

Operational costs of traditional buildings

Medium Risk

Citadel Claremont awarded 4 Star Office Green Building status

Reduce operational costs

Attract top employees

Brand enhancement

Waste

Compliance

Low Risk

Separate waste at source and recycle

Brand enhancement

Water

Resource availability

Rising water cost

High Risk

Water reduction initiatives

Water metering at The Citadel

Brand enhancement

Reduce operational costs

Mitigate water risks

Greenhouse Gas Emissions

In Peregrine’s 2018 financial year, the organisation underwent its fourth carbon footprint assessment, in terms of which, total greenhouse gas emissions were calculated at 4 415 tonnes of carbon dioxide equivalent, following the equity share approach. Non-Kyoto gases were calculated at 0 tCO e. 

Peregrine’s absolute emissions increased by 2% due to organic growth. Peregrines intensity emissions, tCO e per square meter, increased by 6.10% from 0.1188 tCO e / m² in 2017 to 0.1261 tCO e / m² in 2018.

Scope

Emission Source

tCO2e (2018)

tCO2e (2017)

tCO2e (2016)

Scope 1

Mobile Combustion

21

18

21

Stationary Combustion

4

6

11

Fugitive Emissions

105

120

43

Scope 2

Electricity

2 579

2 579

2 095

Total Scope 1 and 2

2709

2 723

2 169

Scope 3

Business Travel

863

742

758

Employee Commute

842

864

825

Total Scope 1, 2 and 3

4 415

4 329

3 752

Non-Kyoto Gases

0

15

2.25

Click here  to access the full report.

Energy

Peregrine is engaging with an energy engineering solution provider to further improve the Group’s database of non-financial data.

Peregrine has installed energy SMART meters at the Peregrine Building in Sandton, Johannesburg and the Kaaimans Building in Pretoria. The Citadel, Peregrine’s Cape Town office, is a 4-Star rated green building and has energy and water meters installed to measure and manage consumption. With visual energy data, Peregrine is able to easily identify areas of inefficiencies thus focusing technical and behavioural reduction efforts. In addition, energy data allows the organisation to measure baselines and track energy projects performance.

Green Buildings

Sustainability initiatives implemented in green buildings have a positive environmental and financial impact. As a result of ever-increasing energy and water costs in South Africa, implementing green practices is becoming an important part of new developments, as well as during retrofits of existing portfolios. ‘The Citadel’ achieved a Best Practice 4-Star Green Star SA Rating from the Green Building Council of South Africa in 2016 and in July 2017 was awarded the 4-Star Green Star SA Office As Built v1. ‘The Citadel’s sustainable features include:

energy and water strategies aimed at reducing consumption. Compared to a standard building, ‘The Citadel’ is calculated to have reduced potable water by 28% per day and energy by 33% per annum;

transport strategy, including strategic location near public transport and cyclist facilities;

tenant and visitor strategy, including improved fresh air rates, natural daylighting, and comfortable thermal conditions;

more than 90% of all steel sourced for the development is either recycled / reused steel, thus reducing embodied energy and resources;

the site was previously developed, limiting the ecological impact; and

various measures were put in place to reduce the emissions of the development.

Waste

Recycling bins are available for paper, glass and plastic recycling and a paperless office is encouraged as far as is practically possible. Furthermore all printer cartridges are recycled.

Since 2017, the Group made a decision to stop printing its Integrated Report and moved its reporting online to further reduce its paper usage and environmental impact.

Water

Peregrine implemented a number of water reduction opportunities at the organisations head office, including decommissioning water features, retrofitting urinals to auto flush and installing restrictors and aerators in bathrooms and gym showers.

The Citadel building’s water strategy includes the use of low flow fittings and dual flush toilets. Furthermore, the buildings air-cooled conditioning system reduces demand on potable water for cooling. Water metering at The Citadel improves water measurement and management, where Peregrine has the data to investigate opportunities and mitigate risks including leak detection.

Goals and Targets

In addition to improving Peregrine’s environmental performance in terms of greenhouses gases, energy and green buildings, Peregrine has outlined the following goals to be incorporated into the Group’s sustainability journey:

Goal

Progress

Improve public disclosure to gain inclusion on local and international sustainability indexes

Under consideration

Develop an environmental and sustainability policy in line with the Group’s business strategy

Under consideration

Continue to calculate greenhouse gas emissions annually

Completed annually

Set greenhouse gas emission reduction targets

Under consideration

Conduct renewable energy assessments, focussing on Solar PV feasibility studies

Under consideration

Implement a Group-wide sustainability awareness campaign to communicate initiatives and promote behaviour change

Under consideration

Train key facilities and operations managers to improve knowledge relating to energy efficiency, water minimisation and waste management

Under consideration

Identify communities Peregrine’s business operations impact and focus on integrating environmental aspects in the Group’s CSI projects.

Thirst for Hope, refer to the SED Report