MERLIN Properties Annual Report 2018 / English

ı 83 ı Annual Report 20 18 REFORESTA, in forest recovery and the fight against desertification, while mitigating emissions from its assets. In 2018 the Company invested €17,500 in reforestation projects. GHG emissions associated with electricity consumption at MERLIN Properties’ headquarters Electricity consumption at MERLIN’S headquarters generated GHG Scope 2 emissions equivalent to 52 t CO 2 eq (0.028 t CO 2 eq/sqm), 15% more than 2017 due to the fact that MERLIN moved to its new offices at the end of March 2017 and the workforce has grown during 2018. If the 2017 emissions were annualised, in 2018 there would have been a 14% reduction with respect to the previous year. Waste management MERLIN currently controls the generation of hazardous and non-hazardous waste of 50 of its assets. They are all included in the ISO 14001 corporate environmental management system. By nature, both in the absolute and like for like portfolio, practically 100% of waste generated is non-hazardous. In the like for like portfolio (1) , total waste generation rose to 310,654 tonnes. This includes logistic assets (99%) and offices (1%). In 2018, there has been a 17% increase in waste generation, associated to Coslada logistic asset. This growth is due to the activity carried out by the new tenant, that produces more waste than the previous ones. In absolute terms, the reported assets generated in 2018 a total waste amounting to 3,840 tonnes. Absolute waste generation is concentrated basically in shopping centres (90.9%), while logistic assets and offices account for the remaining 8% and 1.1%. This generation represents an increase of 122% compared to waste generated in 2017, due to the inclusion of new properties in the reporting, mainly the shopping centres Marineda, La Vital and Arturo Soria Plaza. (1) Although there is waste generation information available from Marineda shopping center as well as from Sant Cugat II and Bruselas 24 offices, they have been excluded from the like for like report because they have not reported this information for previous years. Absolute waste generation by asset category (kg generated) Like for like waste generation by asset category (kg generated) Absolute waste generation by asset category (kg generated) Waste generation in offices Waste generation in shopping centres Waste generation i logistic assets 2017 2018 2016 60,792 12,303 40,690 226,392 165,600 1,730,626 3,840,102 3,491,492 307,920 1,454,823 263,500 Absolute waste generation by asset category (kg generated) Waste generation in offices Waste generation in shopping centres Waste generation in logistic assets 2017 2018 2016 594 436 2,734 166,194 165,600 263,936 310,654 307,920 263,500 Absolute waste generation by asset category (kg g nerat d) Waste generation in offices Waste generation in shopping centres W l gistic assets 2017 2018 2016 594 436 2,734 166,194 165,600 263,936 310,654 307,920 263,500