MASHINIi

NEPI Rockcastle N.V..

NRP.JSE | N/A

...

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing-40
-100100
Honest & Fair Business0
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities0
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-40
-100100

Better Health for All

0

NEPI Rockcastle's core business of managing retail properties has no significant direct positive or negative health impact. The company's operations generate positive health externalities through significant environmental initiatives, including an 84% share of renewable electricity in total electricity in 2024 and a 25% reduction in Scope 1 and 2 emissions in 2024 compared to 2023.

1
The company has SBTi-aligned targets to reduce Scope 1 and 2 emissions by 80% by 2030 (from a 2019 baseline) and Scope 3 emissions by 25% (from a 2022 baseline).
2
The company also engages in scalable social and health education initiatives tailored to local community needs, as noted in its 2025 sustainability performance overview.
3
However, the company does not offer health-related products or services, nor does it collect or manage health data, making several KPIs not applicable.

Fair Money & Economic Opportunity

0

NEPI Rockcastle N.V. is a property owner and operator, not a financial institution. As such, the company does not offer lending, deposit, or consumer credit services, nor does it manage customer finance data.

1
Consequently, there is no relevant evidence in the provided articles to score any of the KPIs related to fair money and economic opportunity, which are designed for financial service providers. The articles focus on the company's financial performance, real estate portfolio, and environmental sustainability initiatives, with no specific data on financial inclusion, consumer lending practices, or financial literacy programs.
2

Fair Pay & Worker Respect

0

The provided articles do not contain specific, quantitative data points for NEPI Rockcastle (NRP.JSE) regarding fair pay and worker respect metrics such as living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rate, pay equity ratio, worker engagement score, turnover rate, labor violation incidents, insecure contract share, or health insurance coverage. While one article mentions NEPI Rockcastle as one of the JSE Top 40 companies that disclose gender pay gap data, it does not provide the actual quantitative data for the company.

1
Another article notes NEPI Rockcastle's EDGE Certification on Workplace Gender Equity, but this is a certification and not a specific pay equity ratio.
2
Therefore, no KPIs can be scored based on the available evidence.

Fair Trade & Ethical Sourcing

-40

NEPI Rockcastle's Supplier Code of Conduct, published in February 2025, states that all contracts include Anti-money laundering and Anti-corruption clauses, including international sanctions.

1
The Code also outlines expectations for suppliers to comply with laws regulating minimum working age, modern slavery, human trafficking, and non-discrimination.
2
However, the article does not provide a specific percentage of *all* supplier contracts that include these broader ethical-sourcing clauses, only explicitly stating coverage for AML/Anti-corruption. Without a comprehensive percentage, the evidence suggests that only a portion of contracts explicitly include enforceable ethical clauses as defined by the KPI, leading to a score of -80 for '≈15 % of supplier contracts include enforceable clauses' as the most appropriate tier given the limited explicit coverage.

Honest & Fair Business

0

No evidence available to assess NEPI Rockcastle N.V. on Honest & Fair Business.

Kind to Animals

0

NEPI Rockcastle N.V. is a real estate investment trust. The provided articles focus on its environmental, social, and governance (ESG) performance related to property management, energy efficiency, waste, and human rights in its supply chain. There is no evidence in the articles to suggest that the company is involved in activities such as product manufacturing, animal testing, animal agriculture, or the sourcing of animal-derived ingredients. Consequently, none of the KPIs under the 'Kind to Animals' value are applicable or have relevant data points in the provided information.

No War, No Weapons

0

The company's core business is real estate, and there is no evidence of revenue from arms or defense contracts, nor does it develop or sell dual-use technologies.

1
The company explicitly states it does not engage in lobbying for political purposes.
2
It has a Supplier Code of Conduct and a Human Rights Policy, effective February 2025, aligned with the International Bill of Human Rights, the UN Guiding Principles on Business and Human Rights, the OECD Guidelines, and the ILO Core Conventions, covering its operations and value chain.
3
This policy includes a "Know Your Partner Process" to evaluate potential illegal activities and addresses supply chain risks like forced labor and child labor.
4
The Code of Ethics, reviewed and updated at least annually, prohibits supporting entities that promote violence or terrorism, or are involved with industries like guns.
5
There is no evidence of operations in conflict-affected areas, exports requiring certification, or involvement in intelligence or surveillance activities.
6

Planet-Friendly Business

-40

NEPI Rockcastle has publicly committed in June 2023 to the Science Based Targets initiative (SBTi) to validate its targets for a 1.5˚C warming scenario, with specific goals to reduce Scope 1 and 2 emissions by 80% by 2030 (2019 baseline) and Scope 3 emissions by 25% (2022 baseline).

1
The company sources 84% of its total electricity consumption from renewable energy.
2
All eligible properties are BREEAM certified, with 95% rated 'Very Good' or above by GLA as of February 2025, and 33 buildings hold BREEAM Excellent certification.
3
The company's Green Finance Framework, updated in 2023, aligns with ICMA Green Bond Principles and LMA Green Loan Principles, with 45% of its eligible green project portfolio allocated to net proceeds of green funding.
4
The company recorded zero major environmental compliance violations, though it faced tax liabilities totaling €5.55 million from tax inspections in Romania.
5
NEPI Rockcastle has a net-zero greenhouse gas emissions target by 2050.
6
A Task Force on Climate-related Financial Disclosures (TCFD) report is in place, indicating partial alignment.
7

Respect for Cultures & Communities

0

The company has a Whistleblowing portal available for reporting violations

1
, and a dedicated communication channel for ESG matters, which covers 60-75% of operational sites. In FY2025, Fortress engaged 350 Exempted Micro Enterprise (EME) suppliers with a spend of R137 million and 216 Qualifying Small Enterprise (QSE) suppliers with a spend of R186 million.
2
The company donated 1.5 million EUR to over 80 NGOs in 2019, focusing on health, education, environment, and social support, but the percentage of revenue donated to cultural heritage organizations is not specified.
3
Ethics-related principles and rules of conduct are part of the Compliance Annual Training Program, but the percentage of employees completing cultural sensitivity training is not provided.
4

Safe & Smart Tech

0

No evidence available to assess NEPI Rockcastle N.V. on Safe & Smart Tech.

Zero Waste & Sustainable Products

-40

In 2024, NEPI Rockcastle recycled 46% of its operational waste.

1
The company collects and analyzes waste management data monthly at the corporate level.
2
No material regulatory penalties, sanctions, or fines for breach or non-compliance with statutory obligations were imposed on the Group or its directors/officers.
3
The company aims to reach a waste recycling rate of 60% from operations by 2030 and has a target to achieve zero avoidable waste to landfill from operations by 2025, though this target is to be revised in 2025.
4
The Group has a Sustainable Procurement Policy and defined a green assessment for key suppliers, with full implementation of sustainable procurement principles targeted by the end of 2023.
5
The Group supports textile recycling initiatives in Bulgaria, Romania, and Poland.
6

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AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.