ESG strategy
Our approach to ESG is built on three pillars that define the direction of development for the entire Group.
Each of them responds to different needs of modern cities, our tenants and our employees - from environmental responsibility, to social impact, to the highest standards of governance.
Environment: Caring for the planet we live on
We believe that modern buildings should leave as little impact as possible. We create places with a focus on measurable environmental performance and occupant wellbeing.
Environmentally certified buildings with energy- and resource-efficiency measures
- Reducing operational emissions of our buildings through renewable electricity procurement, energy-efficiency measures and portfolio decarbonisation, and focusing on the wellbeing of tenants.
- We monitor Scope 1, Scope 2 and relevant Scope 3 emissions and implement measures to reduce them.
- Implementing circular-economy practices to reduce waste and improve resource efficiency.
- Environmental performance of our buildings is assessed through recognised certification schemes, including LEED, BREEAM and DGNB.
- We implement waste-management, reuse and resource-efficiency measures across selected properties and report waste KPIs in our ESG reporting.
Climate change mitigation - actions that reduce emissions and support responsible use of resources
- Developing new buildings, acquiring and managing assets with a focus on reducing environmental impacts associated with development and building operations.
- Improving energy efficiency and lowering carbon emissions in our buildings.
Governance: Responsible decisions and full transparency
Trust is the foundation of our business. This is why we act ethically, in compliance with the law and according to clear principles that minimise business and ESG-related risks. We prioritise transparency and open communication - both within the organisation and with external partners.
Compliance – adherence to regulations and ethical standards
- Continuously working with the highest business ethics in a proactive and open manner.
- Always operating be made within the framework of good practices.
- Zero tolerance for any form of corruption, fraud, anti-competitive or monopoly behaviour;
- Considering legal compliance in every decision about our investments, developments, management practices and other processes.
- Maintaining very good relations with our partners based on mutual trust.
Risk management – identifying, assessing and controlling ESG risks
- Conducting all our operations to ensure the sustained profitability of our business.
- Identifying key risk factors and effective ways to mitigate risks before they materialise.
- Annually reviewing the risk management framework, and updating our business procedures.
First and foremost, we constantly raise our employees' awareness of the importance of risk management and encourage them to actively report risky situations and threats related to environment, social and governance issues in their daily work.
Society: People and their needs at the centre
Our projects are designed to serve people. We create spaces where tenants can grow and employees feel supported and secure. As a property owner and manager, we are also an active partner of local communities - one that can genuinely improve the quality of urban life.
Tenants - building long-term relationships and ensuring excellent conditions for doing business
Employees - caring for the wellbeing, development and safety of our employees
Community - responsible engagement in the cities where we operate and contributing to their development
Our main focus is to execute investments in a responsible manner, taking in the account the concerns of local communities, by revitalising post-industrial areas and providing high-quality buildings, where we can make an impact on: