Our Environment

MANAGING THE GROUP'S ENVIRONMENTAL IMPACT

Peregrine is aware that environmental, social and economic sustainability is an integral component of the organisation’s 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 organisations 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. The 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

Katherine Towers (new Head Office from 1 September 2019) targeting a 4 Star rating

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 Citadel's Claremont office

Brand enhancement

Reduce operational costs

Mitigate water risks

Greenhouse Gas Emissions

In Peregrine’s 2019 financial year, the organisation calculated its fifth carbon footprint assessment which resulted in total greenhouse gas emissions being calculated at 4 159 tonnes of carbon dioxide equivalent (tCO2e), following the equity share approach. Non-Kyoto gases were calculated at 34 tCO e.

Peregrine’s absolute emissions decreased by 6% compared to 2018. Peregrine’s intensity emissions, tCO e per square meter, decreased by 9% from 3.824 tCO e / m ² in 2018 to 3.480 tCO e / m ² in 2019.

The main reasons for the decrease in Peregrine’s emissions in 2019 are due to reduced electricity consumption at three offices, namely Kingsway House, Guernsey, La Corvee House, Alderney and Citadel, Port Elizabeth. Furthermore, there was a noticeable reduction in emissions from business flights.

Scope

Emission Source

tCO2e (2019)

tCO2e (2018)

tCO2e (2017)

tCO2e (2016)

tCO2e (2015)

Scope 1

Mobile Combustion

20

21

18

21

23

Stationary Combustion

4

4

6

11

15

Fugitive Emissions

192

105

120

43

50

Scope 2

Electricity

2 455

2579

2 579

2 095

1 904

Total Scope 1 and 2

2 671

2 709

2 723

2 169

1 992

Scope 3

Business Travel

587

863

742

758

759

Employee Commute

901

842

864

825

840

Total Scope 1, 2 and 3

4 159

4 415

4 329

3 752

3 591

Non-Kyoto Gases

34

0

15

2.25

0

Energy

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

Peregrine has installed energy SMART meters at the Peregrine Sandown 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.

Water

Peregrine implemented a number of water reduction opportunities at the organisation’s 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 fitting and dual flush toilets. Furthermore, the building’s air-cooled conditioning system reduces demand on potable water for cooling. Water metering at The Citadel and Katherine Towers (the new corporate headquarters from 1 September 2019) improves water measurement and management, where Peregrine has the data to investigate opportunities and mitigate risks including leak detection.

Waste

Peregrine’s waste management initiative ensures that recycling bins are available for paper, glass and plastic recycling, and all printer cartridges and e-waste are collected for recycling. Furthermore, Peregrine promotes a paperless office as far as is practically possible.

Other than for JSE purposes, Peregrine ceased printing of the Group’s Integrated Annual Report, and instead moved fully to an online reporting platform, in 2017.

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. 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.

Peregrine will be relocating its Head Office to Katherine Towers in Sandton which is targeting a 4-Star As-Built Green Star rating. Katherine Towers’ sustainable features include:

Energy strategies targeted to reduce consumption by a minimum of 30%, compared to a conventional building.

Water efficient fittings and landscaping with local indigenous plants to reduce irrigation requirements.

Reduction in the use of virgin steel and in the use of virgin cement in concrete, and reduction in waste generated from construction.

Thirst for Hope

Thirst for Hope is an initiative which focuses on feeding scheme development, environmental education, water conservation, food security, sustainable energy solutions and the promotion of healthy living.

Peregrine contributes financially to the Thirst for Hope project, which contribution goes towards initial infrastructure implementation, education implementation, including professional education and educational oversight and sustainability, and towards the Types of Hope initiative - Fertilised Earth and Potatoes - a home-pack for children which includes a tyre and low cost drip irrigation.

Peregrine funded the installation of a borehole at Diepsloot Primary School, therefore providing the school with water for the vegetable gardens planted by the students.

Looking Forward

In addition to improving Peregrine’s environmental performance in terms of greenhouses gases, energy and green buildings, Peregrine is committed to identifying communities impacted by Peregrine’s business operations, where Peregrine will consider integrating environmental aspects in the organisation’s CSI projects.