2008/9 RPI Targets

Corporate Targets

Target	By when	Progress	KPI
Seek recognition for our approach to RPI by submitting applications to selected third party awards.	31/12/08	-	Not met In progess Completed
Develop and implement suitable training programmes for all members of Real Estate team to enhance their awareness of our RPI programme.	31/12/08	-	Not met In progess Completed
Target a wider stakeholder audience by developing an online version of our annual RPI report.	31/12/08	Complete	Not met In progess Completed
Conduct a peer review of our corporate strategy using Upstream Sustainability Services.	31/12/09	-	Not met In progess Completed
Engage with all direct suppliers on RPI issues and set minimum standards as well as share best practice.	31/12/09	-	Not met In progess Completed

Investment Targets

Target	By when	Progress	KPI
Ensure that all Investment tools include relevant sustainability improvements as highlighted by SRS, EPC’s and Flood Risk assessments.	31/01/09	-	Not met In progess Completed
Assess all our directly managed properties using the SRS methodology to further understand the valuation impacts.	30/03/09	-	Not met In progess Completed
Implement Hermes Emissions Trading Scheme across all directly managed sub-sectors.	30/04/09	-	Not met In progess Completed
Seek to apply the SRS to all Joint Venture Property assets.	31/12/09	-	Not met In progess Completed

Development Targets

Target	By when	Progress	KPI
Undertake a comprehensive review of the Responsible Property Development Programme and implement recommendations.	31/12/08	-	Not met In progess Completed
Distribute updated RPD guidance and tools to all consultants, contractors, joint venture partners and in house teams.	31/12/08	-	Not met In progess Completed
Develop measurement and collation tools for selected KPI’s.	31/03/09	-	Not met In progess Completed
Ensure that all new developments in excess of £3 million (construction cost) have independent BREEAM assessments completed, with the intention of obtaining at least an ‘Excellent’ Rating.	31/12/09	-	Not met In progess Completed
Collect and record data against appropriate KPI’s for all directly managed development projects.	31/12/09	-	Not met In progess Completed
Ensure that all new developments in excess of £3 million (construction cost) have independent audits and achieve at least an Energy Performance Certificate rating of ‘C’.	31/12/09	-	Not met In progess Completed

Management Targets

Target	By when	Progress	KPI
Develop online versions of the RPM tools, deliverable via one single portal.	31/12/08	-	Not met In progess Completed
Undertake a comprehensive review of the Responsible Property Management Programme	31/12/08	-	Not met In progess Completed
Publish list of updated RPI Centres of Excellence.	30/05/09	-	Not met In progess Completed
Distribute updated RPM guidance and tools to all Property Managers	31/12/09	-	Not met In progess Completed

Health & Safety

Target	By when	Progress	KPI
Ensure 100% of Risk Improvement Requirements arising from the Health & Safety risk management audit process are completed on time.	31/12/08	-	Not met In progess Completed

Energy

Target	By when	Progress	KPI
Reduce landlord controlled CO2 emissions by 20% across our directly managed portfolio for which we have consistent energy data from the baseline year of 2006, with the intention of achieving 5% annual reductions.	31/12/10	-	kgCO2 kgCO2/ m2

Water

Target	By when	Progress	KPI
Reduce landlord controlled water consumption by 20% across our directly managed portfolio for which we have consistent water data from the baseline year of 2006, with the intention of achieving 5% annual reductions.	31/12/10	-	m3 m3/m2

Waste

Target	By when	Progress	KPI
Achieve a 50% recycling rate across our directly managed portfolio of properties which measure waste by weight.	31/12/08	-	%
Achieve a 15% recycling rate across our directly managed portfolio of properties which measure waste by volume.	31/12/08	-	%
Achieve a rate of 50% or less waste sent directly to landfill across the directly managed portfolio of properties measuring by volume.	31/12/08	-	%
Ensure all directly managed properties are measuring waste by weight (mass).	31/12/10	-	%
Ensure no directly managed properties are sending any waste direct to landfill.	31/12/10	-	%

Transport

Target	By when	Progress	KPI
Develop a Green Travel Plan guidance document.	31/12/08	-	Not met In progess Completed

Occupier Targets

Target	By when	Progress	KPI
Develop a joint carbon reduction commitment with at least one occupier in our directly managed portfolio.	30/04/09	-	Not met In progess Completed
Engage with all occupiers during lease negotiations with the intention of including sustainability clauses in all lease agreements.	31/12/09	-	Not met In progess Completed
Engage with the top 20 occupiers in our retail and commercial sectors with regard RPI.	31/12/09	-	Not met In progess Completed

Community Targets

Target	By when	Progress	KPI
Finalise and publish our Community Engagement Programme.	30/03/09	-	Not met In progess Completed
Develop and distribute the new Community Tool to record and monitor the performance of PM’s with the aim of encouraging and sharing best practice.	30/03/09	-	Yes/no
Ensure that all category 1 and 2 properties comply with Hermes' minimum standards for community engagement, as outlined in our Community Engagement Programme.	31/12/09		Not met In progess Completed