MERLIN Properties Annual Report 2020 / English

| 63 With regard to this ESG strategy, the Company is implementing an initiative to reach the target of “net zero emissions”. For MERLIN, this objective does not only mean reducing GHG emissions directly attributable to the Company, but also promoting the reduction of GHG emissions by its tenants and users. MERLIN therefore, undertakes with its tenants to ensure the maximum levels of sustainability and efficiency of the assets they occupy. It should also be noted that in 2020 MERLIN had already reached the first milestone in this regard, by obtaining GHG emission levels equal to zero for electricity in scope 2 (calculated using a market-based method). Sustainable assets Sustainable construction Sustainable mobility Scoring • Energy efficiency measures: systems installed across our portfolio to promote energy efficiency. • Photovoltaic project: pioneer in photovoltaic self-consumption installations. • CAPEX devoted to energy efficiency in value creation plans. • The most ambitious projects to reshape Madrid: 1. DCN 2. Renazca • MERLIN HUB: a fully developed cluster of mobility to tenants located within a specific zone. • Last Mile Logistics: launch of an internal pilot program and deployment to the entire portfolio, all with emission-free vehicles. • EV Chargers: intensive installation of electric chargers across our portfolio. • Certifications Outstanding achievement: more than 2.5 million sqm certified. • Quality seals: Strong track record in quality seals over time.