Asset Buyout Partners Annual Report 2019

ABP seeks to have a corporate culture where environmental aware- ness is strongly embedded at all levels in the organization. This is something that the Company seeks to maintain and further enhance and use as a lever in implementing an even broader environmental focus. The Company strives to ensure that all employees have the relevant knowledge and seek to influence suppliers, customers and partners to make sound environmental choices. ABP seeks to continually increase the sustainability awareness in the Company, as well as making sure that the Company has access to the best industry advisers and experts in the field. Equal opportunities and diversity are an integral part of the ABP’s personnel policy, and today 20% of total staff are female. An important factor in ensuring ABP’s success is a continued focus on diversity and gender equality. ABP is a responsible real estate and infrastructure owner and contin- uously assesses how its assets contribute to a sustainable economy. The Company has established an ESG due diligence framework when acquiring new assets, and ABP has regular dialogue with its tenants regarding initiatives for more environmentally friendly and energy efficient solutions. New contracts contain provisions for annual mandatory environmental meetings between the Company and its tenants to discuss environmental initiatives, and energy optimization measures at a property level to support the tenants’ operations. Currently, ABP is working with tenants to replace traditional energy sources with renewable energy sources such as solar panels, sea-based or geothermal heating systems, and LED lighting. The Company is also looking at rolling out a system for more efficient monitoring of energy consumption. ABP has also conducted pilots to identify whether the Group’s assets can be certified under the BREAAM in use standard. At the same time, ABP is working with its banks to establish separate financing tranches for green initiatives linked to energy efficiency. The Group has several projects and initiatives supporting its focus on sustainability. The installation of shore-to-ship power supply at Mongstad, where ABP was one of the initiators and main financing partner to the end users, has significantly reduced greenhouse gas emissions and local air pollution. Together with key customers, the Company is now considering expanding the climate-friendly capac- ity and functionality of the shore-to-ship power facility at Mongstad. ABP places strict requirements on subcontractors that carry out main- tenance or construction work for on the Group’s property portfolio. Subcontractors have to satisfy requirements related to quality and HSE and have to have adequate routines in place for sustainable waste management. ABP pre-qualifies and performs regular audits of its subcontractors. To keep control of Asset Buyout Partners’ own greenhouse gas emissions, Cemasys has produced a carbon accounting report for 2019. Business travels by plane contribute to almost 93 % of the total emissions and a total of 37.8 tons of CO 2 equivalents. In addition to reduce emissions, the Company will look to reduce costs and save time by always considering digital meeting solutions as alternatives to business travel and physical meetings. In addition, Asset Buyout Partners will continue to operate its offices in an energy efficient manner. The Company’s ambition is to be a preferred landlord in the industrial real estate and infrastructure segment of the property market and to add value and facilitate for sustainable solutions for ABP’s customers. ABP aims to assess its properties and activities in line with EU taxonomy for sustainable activities, and the Company works rigorously with its customers and tenants to further develop its structured approach to ensuring that the Group’s real estate portfolio is managed in the most efficient and sustainable way. Promoting green and efficient properties and infrastructure Culture and Employee satisfaction Asset Buyout Partners | Annual Report 2019 8