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We consider sound governance, with strategic management of our environmental and social impacts, as integral to our future success.

We take our commitments as a responsible investor seriously. We understand that we are accountable not only to our investors to deliver financial returns, but also to our team, customers, partners and wider society as a whole.

Everything we do is therefore centred on minimising the impact of our day to day operations, so we can reduce our environmental footprint, help local communities to flourish and ensure we are a fair and inclusive employer. It is our objective to not only do the right thing, but to lead by example and set the industry standard. We believe this culture of responsibility supports our ability to deliver long-term value for our investors and other stakeholders.

Our committees

Green Finance

The Operations Committee provides oversight of the internal controls of Tritax Management LLP ("Tritax Management") and statutory audit process and approval of all Tritax Management policies and procedures. The Committee meets quarterly and comprises various partners of the Manager.

The Risk Committee is chaired by the COO and comprises the Chief Financial Officer and Head of Risk & Compliance for the Manager. The key responsibilities are:

  • Identifying, recording and measuring risks to the Manager and implementing controls to mitigate such risks.
  • Oversight of the risk assessments made by the funds, as well as other real estate funds, to amplify the focus on risk and to ensure the funds are alerted to any new risks identified by the Manager.

The ESG Committee has four sub-committees: Property, Governance, Green Finance and Charity & Wellbeing. The Committee comprises various members of the Manager and its key responsibilities are:

  • Oversight of CSR and ESG matters.
  • Reviewing and making recommendations to the Manager and the fund Boards regarding progress on integrating environmental, social and governance factors into business strategy and decision making.
  • Providing oversight of the Manager’s policies in terms of performance, communication and engagement on CSR and sustainability matters, to ensure the Manager and the funds are effective in meeting their social and regulatory requirements and achieving their objective of being socially responsible corporate entities.

The Green Finance Committee comprises members of the Tritax Big Box and Tritax EuroBox Manager’s asset management and finance teams and focuses on:

  • Reviewing the Green Portfolio of the funds to confirm that the assets and projects included in the Green Portfolio meet the criteria set out in the Framework.
  • Reviewing the Framework to reflect any changes with regards to the funds’ sustainability strategy and market standards.
  • Approving the Annual Green Finance Report ahead of circulation to investors.
  • Monitoring evolution of the capital markets in terms of disclosure and reporting in order to be in line with market best practices.

Each fund then has its own Investment Committee, which is attended by various members of the Manager and has the following key responsibilities:

  • Reviewing and recommending investments and divestments.
  • Reviewing, approving and monitoring activities within the development portfolio.

The Executive Committee of each Fund comprises various partners of the Manager and has the following key responsibilities:

  • Oversight of the fund as a whole.
  • Review the corporate and capital strategy and activity of the fund and make recommendations up to the Board as necessary.
“Strong governance is essential for the creation of value for all our stakeholders.”

Henry Franklin - Partner, COO

Read about our approach.

Responsible business

The Manager has developed a Responsible Business Plan to minimise its operational impact and provide strong environmental management in its management of the Tritax funds. This includes ISO 14001 accreditation, responsible procurement and carbon neutral operations. 

As part of its commitments, in 2021, Tritax became a signatory of the UN Global Compact which sets out Principles for acting in a sustainable and responsible way, including Human Rights, Labour practices, Environment and Anti-Corruption. Tritax already has a comprehensive set of policies in support of these Principles and has integrated the Principles into its management and investment activities. See our Policies and Reports for more information.

The Manager has set a series of Responsible Business objectives and targets, which can be viewed in the reports section. 

Gender and diversity

We believe that a diverse, collaborative and inclusive workforce is essential to making Tritax a nice place to work and do business with, whilst allowing us to manage our funds most effectively. 

By encouraging conversations, providing training and creating a values-led, open culture that celebrates diversity, we have built a rounded team with complementary skills. This gives us the in-house capabilities to succeed but it also means we have a supportive environment where our people can achieve their full potential. We believe that diversity of backgrounds promotes diversity of thought and adds value to our business. 

Employee engagement and wellbeing

Our people are our greatest asset and their wellbeing is our priority as we aim to be an attractive and inclusive employer.  

The social committee was set up to engage with the team, listening to and understanding their needs so it could put in place a suitable wellbeing programme that promotes inclusion, supports mental health and encourages work-life balance. As part of its inclusive culture Tritax offers development programmes to aid learning and prevent unconscious bias; provides healthy snacks and other benefits; and regularly organises activities inside and outside the office - including to raise money for long-term charity partner, XLP.   

Some of the additional employee benefits include: 

  • One day of paid leave per annum for volunteering 
  • Matched charitable fundraising 
  • Cycle to work scheme 
  • Subsidised gym membership
  • Discretionary bonus and share schemes 
  • Employee Assistance Programme (EAP) 

Since 2021, Tritax has undertaken an annual employee engagement survey, managed by independent consultants, to give staff a forum for anonymous feedback, helping drive continued improvements. In 2022 the overall employee engagement score increased to 82% from 75% in 2021. Our employee Net Promoter Score (eNPS), measuring staff satisfaction, was 38. This survey complements other pulse surveys that we run throughout the year to understand staff views on wellbeing and inclusion initiatives. 

Health & safety

Our team’s health and safety is of paramount importance. The Chief Operating Officer has ultimate responsibility for overseeing health and safety for Tritax and its employees; the aim is zero health and safety incidents.

An external consultant undertakes an annual workplace health and safety assessment to ensure the emergency response procedures are up to date and to train relevant colleagues to ensure this is managed day to day.

Tritax also has a health and safety policy that covers all employees and contractors.

Policies and reports
Environmental policies, ESG activity and approach to materiality
About our responsible approach to ESG

Your capital is at risk. See individual fund pages for further details.