Redefine Properties Ltd is a South African-based Real Estate Investment Trust (REIT) that operates in the Multi Asset Class REIT sector. The company has a diversified portfolio of properties that includes retail, office, industrial, and residential properties. With a market capitalization of over R30 billion, Redefine Properties is one of the largest property companies in South Africa.

The company is committed to sustainability and decarbonisation, and has set ambitious targets to reduce its carbon footprint. Redefine Properties has a comprehensive sustainability strategy that focuses on reducing energy consumption, water usage, and waste generation. The company has also implemented a number of initiatives to promote renewable energy and reduce its dependence on fossil fuels.

One of the key initiatives that Redefine Properties has undertaken to promote renewable energy is the implementation of corporate power purchase agreements (PPAs). A corporate PPA is a long-term agreement between a company and a renewable energy provider, whereby the company agrees to purchase a specified amount of renewable energy at a fixed price over a certain period of time. By entering into a corporate PPA, Redefine Properties is able to secure a reliable source of renewable energy at a competitive price, while also reducing its carbon footprint.

Redefine Properties has also implemented a number of other initiatives to promote renewable energy, including the installation of solar panels on its properties. The company has installed over 15,000 solar panels across its portfolio, which generate over 4.5MW of renewable energy. This has not only helped to reduce the company's carbon footprint, but has also resulted in significant cost savings on energy bills.

In addition to promoting renewable energy, Redefine Properties is also committed to reducing its overall energy consumption. The company has implemented a number of energy efficiency measures across its portfolio, including the installation of energy-efficient lighting and HVAC systems. These measures have resulted in significant reductions in energy consumption and have helped to reduce the company's carbon footprint.

Redefine Properties is also committed to reducing its water usage and waste generation. The company has implemented a number of initiatives to promote water conservation, including the installation of water-efficient fixtures and fittings in its properties. The company has also implemented a number of waste reduction initiatives, including the implementation of recycling programs across its portfolio.

In addition to its sustainability initiatives, Redefine Properties is also committed to corporate social responsibility. The company has implemented a number of initiatives to support the communities in which it operates, including the provision of affordable housing and the support of local small businesses.

Overall, Redefine Properties is a leading South African property company that is committed to sustainability and decarbonisation. The company has implemented a number of initiatives to promote renewable energy, reduce energy consumption, and promote water conservation and waste reduction. With its comprehensive sustainability strategy and commitment to corporate social responsibility, Redefine Properties is well positioned to continue to grow and succeed in the years to come.