How Redefine and its tenants are shaping a greener future together
Redefine Properties is rewriting the role of a property partner in South Africa by placing people, purpose and planet at the heart of everything we do. With sustainability rooted in collaboration, Redefine is leading the way towards a more sustainable, future-fit built environment: one green building, one partnership, at a time.
'A sustainable future isn't something we can achieve alone; it's something we build together.' - Ursula Mpakanyane, Head of ESG, Redefine Properties
ESG: From a buzzword to a business ethosIn recent years, environmental, social and governance (ESG) principles have become a staple in the corporate world. Turning this concept into meaningful action is a trademark of responsible companies:
• Environmental: Reduce carbon emissions, conserve water and energy, and manage waste
• Social: Support the wellbeing of tenants, employees and communities
• Governance: Entrenchment of our environmental goals through the adoption of green lease principles
At Redefine, we aim to achieve these goals through collaboration and stakeholder partnerships, especially with our tenants.
Purpose-built, people-powered
'ESG is embedded in every decision we make,' says Mpakanyane. 'We believe property is our commodity, but people are our business. That's why our mission is bold: to deliver the smartest and most sustainable spaces.'
From a sustainability perspective, the proof is in the numbers
- Green buildings are ±25% more energy efficient and ±17% more water efficientR15.6 billion issued in green funding- 129 Energy Performance Certificates obtained- 9 Net Zero Carbon Level 2 buildings, including Alice Lane, Convention Tower, and Ballyoaks Office Park that were achieved this year.
- 62% of Redefine's SA portfolio is Green Star certified
'These buildings do more than perform well – they show what's possible when partners collaborate and share responsibility to achieve sustainability goals,' explains Mpakanyane. Green buildings deliver results
According to the 2024 MSCI Green Index, Green Star certified Prime and A Grade offices delivered a 10.1% total return, outperforming non-certified assets by 120 basis points. Furthermore, sustainable real estate provides proven long-term value and resilience, having outperformed non-certified spaces by 28.2% since 2016.
A future that works for all
For Redefine, sustained green building success is a shared responsibility. We collaborate with our tenants to manage resources, increase efficiency, and support shared sustainability goals.
Live the upside. Partner with Redefine to build with people for purpose.
Contact us: www.redefine.co.za
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