Potential offtaker

Société Foncière Lyonnaise

www.fonciere-lyonnaise.com

Estimated electricity consumption

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Countries of production presence

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Société Foncière Lyonnaise (SFL) is a French real estate investment trust (REIT) that specializes in office properties. The company was founded in 1963 and is headquartered in Paris. SFL has a portfolio of high-quality office buildings located in prime locations in Paris, including the central business district. The company's properties are primarily leased to corporate tenants, including major French and international companies.

SFL is committed to sustainability and decarbonisation, and has set ambitious goals to reduce its carbon footprint. The company has implemented a number of initiatives to reduce energy consumption and increase the use of renewable energy in its properties. SFL has also adopted a corporate power purchase agreement (PPA) to support the development of renewable energy projects.

One of SFL's key initiatives to reduce its carbon footprint is its corporate energy management program. The program includes a range of measures to reduce energy consumption, such as the installation of energy-efficient lighting, heating, and cooling systems, and the implementation of energy-saving measures such as automatic shut-off systems. SFL also monitors energy consumption in its properties and uses data analytics to identify areas where energy consumption can be reduced.

SFL has also made a commitment to increase the use of renewable energy in its properties. The company has installed solar panels on the roofs of several of its buildings, which generate clean energy to power the buildings. SFL has also invested in wind energy projects, and has signed a corporate PPA with a renewable energy developer to support the development of new wind energy projects.

The corporate PPA is an innovative financing mechanism that allows companies to support the development of renewable energy projects by purchasing the energy generated by the projects. SFL's corporate PPA is with a wind energy developer, and the agreement will provide SFL with a reliable source of renewable energy for its properties. The PPA also provides financial support to the developer, which helps to accelerate the development of new renewable energy projects.

SFL's commitment to sustainability and decarbonisation is reflected in its environmental, social, and governance (ESG) policies. The company has set ambitious targets to reduce its carbon footprint and increase the use of renewable energy in its properties. SFL also engages with its tenants and stakeholders to promote sustainable practices and raise awareness of environmental issues.

SFL's ESG policies are also reflected in its corporate governance practices. The company has a strong board of directors, with a majority of independent directors. SFL also has a robust risk management framework, which includes a focus on environmental risks and opportunities.

In addition to its commitment to sustainability, SFL is also focused on delivering strong financial performance for its shareholders. The company has a diversified portfolio of high-quality office properties, which generates stable rental income. SFL also has a strong balance sheet, with a low level of debt and a high level of liquidity.

SFL's financial performance has been strong in recent years, with the company delivering solid growth in rental income and net asset value. The company's share price has also performed well, reflecting investor confidence in SFL's business model and sustainability strategy.

In conclusion, Société Foncière Lyonnaise is a leading French REIT that specializes in office properties. The company is committed to sustainability and decarbonisation, and has implemented a range of initiatives to reduce its carbon footprint and increase the use of renewable energy in its properties. SFL's corporate energy management program, use of renewable energy, and corporate PPA demonstrate the company's commitment to sustainability and innovation. SFL's strong financial performance and ESG policies make it an attractive investment opportunity for investors who are looking for a sustainable and financially sound investment.

✓ Science Based Targets member
✓ Declared Net Zero commitment