2020 ESG Report
In PGIM Real Estate’s latest ESG report, we highlight our efforts to govern and operate an environmentally and socially responsible real estate investment platform.
- 105LEED Certified Properties
- 163Total Green Building Certified Properties
- 118Energy Star & EU EPC Certified Properties
Resource Reduction In Practice
In 2019, the Energy Efficiency Index increased from 10.73 kwh/m2 per month to 11.38 73 kwh/ m2 per month due to sustained efforts to improve equipment efficiency through replacement of air handling units (AHUs) and fan coil units (FCUs), LED light fittings, as well as energy performance contracting at three shopping center properties in Singapore.
In 2019, PGIM Real Estate was chosen by the Mexican Association for Industrial Parks (AMPIP), the German Agency for International Cooperation (GIZ) and the World Resources Institute (WRI) to participate in a solar renewable energy study. We sought renewable energy opportunities within this new regulatory and commercial framework.
PGIM Real Estate earned #1 ranks for four funds in the Peer Group on the 2019 GRESB Resilience Module. The GRESB ESG benchmark includes a Resilience Module that increases access to information about how companies are managing risks in light of social and environmental shocks and stressors.
1Prudential Award. Building Certifications reflect those received in 2019.