Scope and boundaries
This report relates to the work undertaken in the past financial year which is also the calendar year – 1 January to 31 December 2022. Its scope reflects our business activities – real estate investment, management, and development in central London – which were unchanged during 2022. Our data boundaries, together with the calculation and aggregation methods, are set out in our basis of reporting documents.
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Materiality  
Our materiality matrix puts our seven key priorities into context against the issues material to our business.

Format
This year, for the second time, we have made our report fully digital. The ability to interact with the material online as well as download data will, we hope, make it more accessible to our audiences and stakeholders, and elevate the communication of our ESG work.

Reporting frameworks
We compile and align our outputs with two reporting frameworks – GRI (Global Reporting Initiatives) Standards and the EPRA Sustainability Best Practices Recommendations (sBPR) and summaries of these can be found here. Our review of our progress in supporting the UN Sustainable Development Goals (SDGs) can be found here. We have also set out our disclosures against the Task Force on Climate-related Financial Disclosures (TCFD) recommendations.

Assurance  
Selected 2022 environmental, health and safety and green finance metrics were subject to independent reasonable assurance under ISAE 3000 (Revised) and ISAE 3410 by Deloitte LLP. In addition, selected 2022 community metrics were subject to independent limited assurance under ISAE 3000 (Revised), again by Deloitte LLP. Their assurance statements can be found here.