---
title: Environmental Performance
date: 2024-03-27T13:20:48Z
modified: 2025-09-08T08:16:07Z
permalink: "https://chancerylaneproject.org/glossary/environmental-performance/"
type: glossary-term
status: publish
excerpt: ""
wpid: 1277
---

## Definition

**Environmental Performance** means the \[annual\] performance of the Company \[and its Affiliates\] against all of the following environmental key performance indicators:

\[(a) \[a reduction in the amount of OR a target of \[_insert figure_\] for\] [Scope 1, 2 and 3 Emissions](https://chancerylaneproject.org/glossary/scope-1-2-and-3-emissions/), measured in accordance with \[[The Greenhouse Gas Protocol – A Corporate Accounting and Reporting Standard](https://ghgprotocol.org/corporate-standard) OR the Global Reporting Initiative (GRI) Standards OR \[_insert other standard_\];\]

\[(b) the adoption of an Environmental Management System, in accordance with the requirements of \[_insert current_ [_ISO 14001 standard_](https://www.qmsuk.com/iso-standards/iso-14001?_bt=319939906212&_bk=iso%2014001&_bm=e&_bn=g&gclid=CjwKCAjwmK6IBhBqEiwAocMc8rUbBY1cS7XQY71CyL8CAfDXRpqlYwNnoKYPxHCDQIA0ZaJmbhctLBoCFEMQAvD_BwE)\];\]

\[(c) the adoption of measurable goals, objectives and indicators in accordance with \[_insert standards or guidelines, such as the_ [_International Union for Conservation of Nature’s Guidelines for planning and monitoring corporate biodiversity performance_](https://portals.iucn.org/library/node/49301)\] that will allow the Company to measure its impact on [Biodiversity](https://chancerylaneproject.org/glossary/biodiversity-biological-diversity-or-biodiversity-loss/);\]

\[(d) compliance with the [International Finance Corporation’s Environmental and Social Performance Standard 6 – Biodiversity Conservation and Sustainable Management of Living Natural Resources](https://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/sustainability-at-ifc/policies-standards/performance-standards/ps6);\]

\[(e) the adoption of environmental key performance indicators applicable to the Company’s activities in accordance with the United Kingdom’s Department for Environment, Food and Rural Affairs (Defra) Environmental Key Performance Indicators;\]

\[(f) compliance with the \[_insert latest Global Sustainability Standards Board (GSSB) or GRI biodiversity standard\]_;\]

\[(g) an annually decreasing target for energy consumption, measured in accordance with \[_insert latest GSSB or GRI energy standard\]_;\]

\[(h) an annually decreasing target for waste production, measured in accordance with \[_insert latest GSSB or GRI waste standard_\];\]

\[(i) compliance with the [International Finance Corporation’s Environmental and Social Performance Standard 3 – Resource Efficiency and Pollution Prevention](https://www.ifc.org/wps/wcm/connect/topics_ext_content/ifc_external_corporate_site/sustainability-at-ifc/policies-standards/performance-standards/ps3);\]

\[(j) an annually decreasing target for emissions to water, measured in accordance with \[Defra: Environmental Key Performance Indicators – KPIs 7-8\];\]

\[(k) an annually decreasing target for emissions to land, measured in accordance with \[Defra: Environmental Key Performance Indicators – KPIs 9-11 and 13\];\]

\[(l) an annually decreasing target for emissions to air, measured in accordance with the \[limits in the [Air Quality Standards Regulations 2010 (SI 2010/1001)](https://www.legislation.gov.uk/uksi/2010/1001/contents/made) and the [Air Quality Standards (Wales) Regulations 2010 (SI 2010/1433](https://www.legislation.gov.uk/wsi/2010/1433/note/made)[_)_](https://uk.practicallaw.thomsonreuters.com/8-528-9228?originationContext=document&transitionType=PLDocumentLink&contextData=(sc.Default)&ppcid=ab7cb1d8cf244a13bf05e97039623f37&comp=pluk)\]\].

**Environmental Performance** means the \[annual\] performance of \[the Premises OR Building OR Estate\] in relation to all of the following:

(a) design;

(b) construction;

(c) operation;

(d) demolition; and

(e) waste treatment or disposal,

in each case, as assessed by the \[Board OR Independent Expert\] using key performance indicators, which take into account the following factors:

(a) the source of materials;

(b) the use of materials;

(c) energy sources and consumption;

(d) water sources, consumption and discharge;

(e) flexibility, durability and resilience;

(f) pollution and waste processing;

(g) transport;

(h) landscape and ecology;

(i) deconstruction and disposal;

(j) waste generation and management;

(k) [Greenhouse Gas Emissions](https://chancerylaneproject.org/glossary/greenhouse-gas-emissions/); and

(l) \[other adverse environmental impacts\].

All of the following factors shall be taken into account by the \[Board OR Independent Expert\] when setting Environmental Performance key performance indicators:

(a) the source of materials;

(b) the use of materials;

(c) energy sources and consumption;

(d) water sources, consumption and discharge;

(e) flexibility, durability and resilience;

(f) pollution and waste processing;

(g) transport;

(h) landscape and ecology;

(i) deconstruction and disposal;

(j) waste generation and management;

(k) [Greenhouse Gas Emissions](https://chancerylaneproject.org/glossary/greenhouse-gas-emissions/); and

(l) \[other adverse environmental impacts\].