Creating Space for Sustainable Growth

Sustainability strategy

Building on our inaugural sustainability strategy, this report explores what sustainable growth looks like for Indurent and the communities we operate in.

In 2025, we launched our sustainability strategy, establishing a clear framework organised around three pillars; sustainable buildings, community and people, and governance. This gives us a consistent approach to prioritise the right initiatives, track progress and report on it in a meaningful way.

Sustainable growth is at the core of our business and shapes how we operate and make investment decisions. For us, that means improving operational and energy performance across our portfolio, delivering better outcomes for our customers and reducing our environmental impact, while strengthening the communities we operate in.

At its heart, this is about delivering high quality, future ready space where our customers can genuinely flourish, while ensuring that we align our sustainability performance with financial value and optimise operating practices.

Indurent’s sustainability pillars

How we organise our commitments, measure our progress, and hold ourselves to account.

Sustainable buildings


Decarbonisation
Optimising energy efficiency of our buildings
and reducing our emissions.

Our developments
Producing future-proofed low embodied
carbon assets.

Indurent business operations
Working with our suppliers, landlords and
employees to promote sustainable choices.

Nature
Protecting and enhancing the land we hold and
manage using green infrastructure.

Climate resilience
Preparing our business and portfolio for
increased risks from physical hazards.

Community and people


Our people
Support every employee and customer,
provide them with the tools and space to
succeed.

Diversity and inclusion
Foster an inclusive environment.

Our communities
Go beyond economic output and consider
social value options for the places we make.

Indurent values
Embed into day to day operation and ensure
they are at the forefront of our decisions.

Charitable work
Making an impact as a team for both internal
and external causes.

Governance


Structure and integrity
Ensuring transparency in reporting and
upholding ethical business conduct.

Data and technology
Continuously enhance our data and
technological capability.

Risk management
Building resilience to ensure external forces
do not disrupt our operations.

Compliance
Legislative compliance and horizon scanning
for our evolving future.

Supply chain
Set an example for our supply chain,
demonstrate good market practices through a
sustainability lens.

Sustainable buildings

Sustainability shapes how we plan, develop and manage our spaces. Our customers expect buildings that not only support their own sustainability commitments but also reduce operating costs and help to attract and retain talent.

All new developments are delivered in line with the Indurent Standard – our in-house development code – targeting BREEAM Excellent on units over 40,000 sq ft. Our developments achieve a minimum EPC A rating, with larger units above 100,000 sq ft designed to target EPC A+.

Solar is also installed from day one across all developments, and roofs are engineered to accommodate up to 100% photovoltaic (PV) coverage, enabling customers to maximise on site renewable energy generation and reduce operational carbon emissions.

In 2025, we improved the EPCs of 600 units demonstrating our continued commitment to improving the resilience and value of our portfolio through proactive management.

Real life stories

Indurent 420, Omega West, Warrington

Designed for high-energy demands, the EPC A+ and BREEAM Excellent Indurent 420 at Omega West secured the North West’s largest letting in 2025. Regency Glass leased the future-ready facility to scale their advanced triple glazing production.

Featuring a 950 kWp solar array and robust grid power, the highly adaptable building ensures long-term energy resilience, saving the tenant £141k annually while cutting carbon emissions by 143 tonnes of CO2 per year.

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MillerKnoll, Indurent Park Chippenham showcase

To achieve EPC A+ and BREEAM Excellent for MillerKnoll’s 100,000 sq ft facility at Indurent Park Chippenham, a collaborative design solved insurer-restricted roof space issues. By optimising the rooflight and PV layout, potential solar capacity doubled to 592 kWp without increasing insurer risk.

This future-ready solution lowers peak summer temperatures by 3°C, saves £88k annually, and prevents 143 tonnes of CO2 emissions each year.

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Community and people

Sustainable growth depends on more than buildings and carbon data. At Indurent, we believe that how we show up as a business matters. That means investing in our estates so they are places people feel proud to be part of, supporting the communities where we operate and building a culture internally where everyone feels able to contribute and thrive.

Across our parks, we take an active approach to biodiversity, creating habitats and enhancing green space in ways that benefit both the natural environment and the people who work within it. We also work with schools, colleges and technical training providers to help connect learning to real world industry needs, supporting the communities around our estates and helping build a stronger talent pipeline for the future.

Our people are central to everything we do. Over the past year we invested more than £500,000 in learning and wellbeing initiatives and the culture we have built is one colleagues actively help shape. The results speak for themselves with a 91% employee happiness score and back to back recognition in The Sunday Times Best Places to Work awards.

Our charitable partnerships are one of the things we are most proud of as a business. Over the past year, our LandAid partnership has grown in both scale and ambition, with our people throwing themselves into fundraising challenges, endurance events and volunteering to support LandAid’s invaluable work to end youth homelessness. It is a cause that resonates deeply across the business, and the commitment our people show to it says a great deal about the culture we have built.

Real life stories

Heywood Distribution Park showcase

To boost wellbeing and sustainable travel, Heywood Distribution Park transformed a pond-side area into an outdoor fitness space with five adaptive exercise machines. Building on rich biodiversity initiatives that support on-site beehives, the project also added a new pedestrian gate and pathway for safer, direct walking and cycling access.

These environmental and community improvements earned the park a consecutive Gold award at the RHS North West in Bloom Awards.

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Indurent Park Access 18, Avonmouth

At Indurent Park Access 18 in Avonmouth, a contaminated former zinc works was transformed through ecological restoration to support six new units in 2025. Soil remediation and the reopening of culverted watercourses, which increased watercourses across the site by 275%, greatly improved local flood resilience.

The project delivered a 33% biodiversity net gain, 2.1 km of new hedgerows and tree planting, and 116 tonnes of CO2 in projected carbon sequestration, proving that commercial development can drive nature recovery.

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Governance

Operating responsibly at scale requires strong governance. It provides the structure and clarity needed to manage risk, protect value and deliver better outcomes for our customers across a growing portfolio.

The Board retains overall accountability for sustainability, risk management and long term value creation, supported by formal committees covering risk, audit, people and remuneration. Sustainability considerations are integrated into board and committee agendas, investment and asset management decisions, and the policies and controls that support ethical behaviour and responsible growth. This structure ensures governance is embedded into how we operate and enables us to move at pace while remaining responsible.

Governance in practice

Reviewed policies and standards

Domestic Abuse Policy introduced, providing clear guidance and support for employees affected.

Equality, Diversity and Inclusion policies updated, reinforcing our commitment to an inclusive workplace.

Ethical conduct and accountability policies strengthened across the organisation.

Modern Slavery and Human Trafficking Policy reviewed.

Risk management

Portfolio wide flood risk assessment completed, informing asset level resilience planning.

Sustainability risks integrated into corporate risk registers. Sustainability incorporated throughout investment and asset management processes.

78% of third party identified risks now addressed, up from 53% in 2024.

Data, systems and assurance

EnergyCAP integration underway to strengthen utility data controls and reporting.

Data platform expanded to improve portfolio coverage and support better decision making.

Policies reviewed annually and available to all employees via the intranet.

Green leases

Green lease clauses updated in line with Better Buildings Partnership Green Lease Toolkit.

Improved data sharing terms between landlord and occupier introduced.

Incentives aligned to support lower carbon, more efficient occupation across the portfolio.

Ethics and responsible business conduct

Ethical conduct, anti-bribery and whistleblowing policies strengthened during 2025.

SECR reporting and ESOS submissions completed for all in scope entities.

Regulatory requirements scanned annually to ensure ongoing compliance and alignment.

Real life stories

Lead to Lease technology solution

To simplify complex leasing and eliminate manual delays, the “Lead to Lease” platform unites the entire transaction journey into a single connected system. By integrating digital contracting, automation, and a dedicated portal, it enables real-time collaboration between customers, partners, and internal teams.

This streamlined approach strengthens operational control and pipeline visibility, accelerating move-ins while delivering £250,000 in annual savings through reduced administration.

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Utilities platform

To address fragmented billing and data risks, a dedicated utilities team was established in 2025, consolidating supplier management, billing, and data assurance under a single model. This provides a scalable foundation for solar performance, EV charging, and sustainability reporting.

In addition to enabling decarbonisation and giving customers fair, transparent pricing, this centralised approach strengthens financial control and has realised £3.5m in platform savings.

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Solar programme

As business energy demand continues to rise, rooftop solar presents a clear opportunity to provide reliable, sustainable power while reducing reliance on the grid. In 2025, we deployed solar across 98 units, reflecting a significant step forward in scale and coverage.

In 2025, we deployed 5.9 MWp of new solar capacity, taking our total installed capacity to 14.7 MWp, a 32% increase in solar coverage, equating to solar panel coverage on 27% of our units. New developments are designed to maximise viable roof coverage, while retrofit assessments continue to identify opportunities across existing space.

This growing programme is already delivering impact, helping to avoid an estimated 2,200tCO2e of carbon emissions each year. Our solar strategy also anticipates future integration of battery storage and EV charging, enabling buildings to support higher on site demand and greater resilience as customer energy needs evolve.

This approach reflects a deliberate investment in infrastructure that creates value from day one for both customers and investors. By integrating solar from practical completion, we can capture performance and income immediately, strengthening returns while supporting customers with lower, more resilient energy costs.

By scaling deployment across both new developments and existing assets, we are enhancing asset quality, strengthening long term income and ensuring our portfolio is ready to support evolving customer energy needs.

This thinking underpins Smart Space, our higher performance warehouse offer that integrates solar as standard, targeting EPC A+ performance and delivering expected annual energy cost savings of at least 10% for customers.

We are also proud to have sponsored the UK Warehousing Association Solar Toolkit 2025, a free practical resource offering step by step guidance on solar planning, installation, funding and maintenance. As part of our responsibility to support the wider transition to low carbon energy, the toolkit shares practical insight from our own deployment process, with Indurent featured as a case study, helping customers, partners and the wider market take confident steps towards on site renewable energy.

Sustainability at Indurent