Akelius Residential Property ABNachhaltigkeit
The sustainability policy defines Akelius’ commitment to improving its sustainability performance.
- respect the rule of law and act in accordance with regulation
- conduct business with honor and integrity
- respect human rights
- policies
- targets
- action plans
- results
The materiality analysis determines importance and impact.
The analysis divides the company’s sustainability work into four pillars and twelve areas with specified targets.
- environment
- staff
- society and tenants
- governance
constantly improving
Akelius strives to constantly improve its sustainability performance.
Sustainability should be implemented in all business decisions and processes,
including acquisition, operations, sales, financing, tax, and all trainings.
- commits to reporting according to EPRA Sustainability Guidelines, GRI Global Reporting Initiatives, and TCFD recommendations
- contributes to the United Nations Sustainable Development Goals
- shall be a signatory of the United Nations Global Compact
- shall be climate neutral by 2050
responsibilities
CEO owns the policy
The CEO owns the sustainability policy.
management develops the strategy
The CEO, CFO, and Head of Sustainability are responsible for the sustainability strategy development.
The Head of Sustainability implements sustainability actions on behalf of the company.
operations implement the strategy
- implementing and communicating the sustainability policy
- ensuring compliance with the sustainability policy
- reaching the regions', cities', and departments' sustainability targets
all staff are responsible for sustainability
- reading and understanding the policy
- implementing their work into action plans to achieve the sustainability targets
- reporting any behavior inconsistent with this policy
the Board approves and reviews the policy
The Board of Directors reviews and approves the sustainability policy and the targets annually.
Management reviews the sustainability targets quarterly.
The CEO, CFO, and Head of Sustainability interact annually with stakeholders to review the policy and targets.
reports
The sustainability report is integrated into the annual report from 2021.
UN Global Compact communication on progress
Akelius has reaffirmed its support of the Ten Principles of the United Nations Global Compact.
Find the statement here.
Ziele
environment
reduce energy and water consumption
- 15 percent reduction of energy intensity by 2025, based on 2018
- 100 percent renewable electricity by the end of 2025
- 10 percent reduction of water intensity by 2025, based on 2018
- 20 percent of portfolio's floor area certified by LEED, BREEAM, WELL or other independent recognized organization by 2030
decarbonize the company
- 40 percent reduction of carbon emissions scope 1 and 2 intensity by 2025 based 2018
- align with net-zero initiative on reduction of carbon emission scope 1, 2 an d 3 by the end of 2050
use sustainable materials and reduce waste
- all Akelius components within the master component list to have a life-cycle assessment by the end of 2023
- 15 percent increase of the proportion of waste recycled from properties by the end of 2025 based on 2022
social
promote diversity and non-discrimination
- equal gender pay rate for managers based on seniority and performance by the end of 2025
- equal gender pay rate for staff based on seniority and performance by the end of 2025
- keep the gender ratio between 40 and 60 percent
- all active staff trained on non-discrimination annually
have healthy and safe staff
- 2 or less percent annual sick leave rate
- 0 fatality cases
- 0 injury rate
- 0 lost day rate
ensure an attractive working environment
- internal training 3 days per employee per year
- all staff attend sustainability training module annually
have healthy and safe tenants
- all buildings environment, health, and safety inspected annually
governance
enhance business ethics and compliance
- all active staff members trained on Code of conduct annually
- all active staff members trained on anti-corruption annually
- all active staff members trained on personal data protection annually
- execute climate change risk assessment and revise every three years
- be a signatory of United Nations Global Compact
- commit to Science-Based Target initiative by the end of 2023
improve digitalization and cybersecurity
- annual internal security audit on the company systems
- all active staff trained on cybersecurity annually
implement a sustainable supply chain
- all suppliers acknowledged Supplier Code of conduct
- all suppliers prequalified according to sustainability requirements by 2023
- audit the performance of all suppliers’ with annual spend over EUR 50,000 every three years