MERLIN Properties Annual Report 2017 / English

ı 83 ı Annual Report 2017 Waste management MERLIN currently controls hazardous and non-hazardous waste generation and management in 17 of its assets. They are all included in the ISO 14001 corporate Environmental Management System. In these assets, 266,743 kg of waste was generated in 2017, 99% of which was non- hazardous. All the waste generated was valorized in 2017. Waste generation and management in MERLIN’s buildings In addition to its efforts made to reduce its own energy consumption and greenhouse gas emissions directly linked to its activity, MERLIN has launched other initiatives to partially offset those emissions that cannot be reduced. For LEED and BREEAM certification purposes, MERLIN cooperates in forest recovery and in the fight against desertification through the association REFORESTA, while mitigating emissions from its assets. In 2017, the Company invested €9,021 in reforesting the National Park in Sierra de Guadarrama, Tres Cantos and La Pedriza. MERLIN also purchases renewable energy certificates (REC) to offset emissions derived from power consumption in its buildings. This ensures that the electricity consumed in its assets is offset by generating the same quantity of renewable energy. In 2017, 120,935 GJ of renewable power was purchased. GHG emissions associated with electricity consumption at MERLIN Properties’ headquarters As a result of power consumption in its office building, MERLIN has generated Scope 2 GHG emissions of 45.53 t CO 2 eq, what means an intensity of 0.025 t CO 2 eq/m 2 . 2017 2016 266,743 Generation of non-hazardous waste Generation of hazardous waste (kg) 2,133 2,136 226,392 96% Valorization 100% Valorization 4% disposal 224,259 264,607

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