Climate Action 

Climate change represents considerable and increasing risks to humanity, crucial resources and physical assets around the world. KIFM seeks to minimise Greenhouse Gas (GHG) emissions and supports the transition towards a low-carbon future. KIFM also manages climate issues as emerging business risks, and seeks to optimise energy efficiency and adopt clean alternative energy sources, where feasible, to thrive in markets that increasingly value sustainability.

As part of its commitment to climate action, in 2024 the Trustee-Manager established a new target to achieve net zero emissions across Scope 1 and 2 by 2050. This builds on KIT’s previous 2030 emissions intensity goal as part of our ambition to set longer-term emissions reduction targets. KIT’s net zero commitment is complemented by an updated renewables investment target, to achieve a renewables capacity of 2 GW by 2030.

As outlined in our decarbonisation roadmap, our strategy to reduce emissions includes increasing energy-efficiency initiatives, transitioning towards a lower carbon portfolio, pursuing opportunities aligned with our decarbonisation objectives and exploring carbon offsets.

Environmental Management

KIFM is committed to minimise the environmental impact of its operations, and implementing best practices for sustainable business. Optimising the consumption of environmental resources also helps the Trust reduce costs, optimise value creation and adapt to rapidly changing markets that value excellent sustainability performance.