ESG SDDS Wiring-Guide

Actual operational energy consumption (based on consumption from smart/manual meter readings or invoices) for the proportion of portfolio that is in tenant’s control. The term 'actual' refers to energy consumption that is not estimated. A tenant controlled area is the one for which a single tenant has the greatest authority to introduce and implement operating policies and environmental policies, the tenant should be assumed to have operational control (ref: GRESB).
 

"To calculate actual energy consumption under tenant control, report the actual operational energy used within areas where tenants have operational control, expressed in kilowatt hours (kWh) per year.
Only actual data should be included in this indicator. Actual data means consumption derived directly from verifiable sources such as tenant invoices, sub-meter outputs, or smart meter readings, and excludes any estimated or modelled values (ref: GRESB). If no actual data is available, report under the relevant estimated indicator (ESG3.1.3.1).

The indicator includes all forms of energy used in tenant-controlled areas, covering both renewable and non-renewable energy consumption, such as:
    •  Electricity consumed within tenant-demised areas
    •  Fuel or gas procured directly by tenants 
    •  District heating and cooling (DH&C) used solely by tenant-controlled areas, excluding transmission and distribution (T&D) losses (ref: CRREM).

This indicator applies to tenant-controlled areas only. Landlord-controlled and shared services should be reported under ESG3.1.

Note 1: Actual data derived from verifiable sources (e.g. invoices, meters) aligns with PCAF data quality scores 1 and 2, which represent the highest quality levels. This supports consistency for managers also reporting in line with PCAF.
Note 2: Fugitive emissions (e.g. refrigerant leaks from HVAC or cooling systems) are not considered energy consumption but are classified as Scope 1 GHG emissions (ESG3.3) under the GHG Protocol.
"
"Note 3: Energy consumption from tenant areas where the landlord retains partial or joint control, and has significant operational authority, should be reported under ESG3.1 instead.
Note 4: If an asset was acquired or disposed of during the reporting year, the reported consumption should correspond only to the period during which the asset was owned by the reporting entity. For example, if an operational asset is acquired on 30 September 2023 and the entity reports on a calendar-year basis, consumption should reflect 1 October to 31 December 2023, unless the participant chooses to report performance data for the period prior to acquisition. In that case, the reported figure should align with the full period of performance data provided (ref: GRESB)."