Ensuring our assets enhance the communities in which they are located through tenant and community engagement is one of three key pillars of our Sustainability Strategy. At our larger sites which have Centre Managers, we actively empower and encourage our site teams to engage positively with the local communities in which the assets are based.
Supermarkets play a key role in the local community and on Friday the team at Atrato Group (investment adviser to SUPR) spent the afternoon at a couple of key SUPR tenants Tesco stores to volunteer on behalf of FareShare UK, collecting for local foodbanks.
We are happy to announce a partnership with Osprey Charging to install rapid EV charging hubs across a number of our omnichannel stores.
Tesco has recently celebrated its 500th electric home delivery van, with the 500th going to the Tesco Extra in Sheffield, owned by SUPR.
Tesco becomes one of the first companies globally to set validated science-based targets on all greenhouse gas emissions with the Science Based Targets initiative.
Our tenants at Supermarket Income REIT are committed to sustainability and have ambitious net zero targets, so it is no surprise to see supermarket leaders from the likes of Tesco, Morrisons, Marks and Spencer and the Co-op, calling on the government to prioritise incentives to encourage greater investment in renewables.
Waitrose & Partners has announced it is replacing the gas boilers that have been heating its 332 stores with electric heat pumps by 2035.
Great to see Tesco update on their Loop service, launched in September to accelerate the reuse of packaging on essential products. If customers in just the 10 stores trialled to date switched to reusable ketchup, coca cola and washing up liquid bottles, the packaging would be used and reused more than two and half million times a year.
Tesco’s General Merchandise team have removed 42 million pieces of plastic from its annual packaging footprint since 2019 – in addition to the reduction in the core food business.
Investment Adviser
Atrato Capital Limited
3rd Floor, 10 Bishops Square
London E1 6EG
