Coima - ESG Goals

ESG Goals

THE 2021-2024 SUSTAINABILITY AGENDA

The table below sets out the goals that COIMA SGR intends to pursue in the coming three-year period and the state of completion of the goals set for 2020. With regard to the goals achieved, during the year a major milestone was reached with the realisation of the decarbonisation plan. At the same time, COIMA SGR has continued its commitment in relation to LEED and WELL certifications, which have been introduced for all new developments and will be implemented for every future development where relevant. Moreover, all the goals set during 2020 have been achieved or launched, and additional ESG goals have been introduced. The three year goals were updated during 2021 in response to the demands of the market and stakeholders, and were also classified in relation to the material topics identified.

ESG	MATERIAL TOPIC	SDGs	TIME HORIZON	OBJECTIVE	COMMENT
E	ENERGY EFFICIENCY AND DECARBONISATION	07 AFFORDABLE AND CLEAN ENERGY 13 CLIMATE CHANGE	2021-22	Definition of plan for decarbonisation of the portfolio	Completed
			From 2022	Monitoring and reporting of the results achieved from implementation of decarbonisation plans	Ongoing
			From 2021	Integration of emissions assessment and monitoring process during construction and requalification	Ongoing
			Scheduling depending on the actual building restructuring process	Application for LEED and WELL sustainability certifications of redeveloped or newly constructed buildings	Ongoing [>70% of buildings LEED and WELL certified and pre-certified]
			2021-23	Inclusion in the investment strategy of all funds of a decarbonisation plan complete with the costs and the expected effects on the portfolio with regard to emissions	Ongoing
			2021-23	regard to emissions 100% coverage of the collection and reporting of GHG emissions in Scope 1 and 2; potable and nonpotable water consumption and urban waste generated by all directly managed properties	Completed
			2021-23	100% coverage of the collection and reporting of GHG emissions in Scope 3; potable and non-potable water consumption and urban waste generated by all properties in the portfolio (tenants’ consumption figures).	Completed [100% of scope 3 emissions of operational buildings reported]
			2021-23	>50% coverage of the GAV of the properties managed with technologies for the automatic acquisition of GHG emissions	Ongoing [Almost 45% of GAV integrated with smart metering systems]
	PROTECTION AND CONSERVATION OF ECOSYSTEMS	11 SUSTAINABLE CITIES AND COMMUNITIES	2022-24	Inclusion of green areas of at least 30% in all urban developments	To be started
	EFFICIENT USE OF RESOURCES AND CIRCULARITY	12 RESPONSIBLE CONSUMPTION AND PRODUCTION	2022-24	Data acquisition and mapping with regard to contractors’ raw material consumption, energy and water use and waste generation	Ongoing
S	PEOPLE’S HEALTH, SAFETY AND WELLBEING	03 GOOD HEALTH AND WELL-BEING	2026¹⁹	Achieve Great Place to Work certification	To be started
	DEVELOPMENT AND PROMOTION OF HUMAN CAPITAL	08 DECENT WORK AND ECONOMIC GROWTH	2023	Achieve at least 40 hours of training per capita	Ongoing [30 hours per capita achieved during 2022]
			2022	Assign ESG objectives in COIMA employees’ MBOs	Completed
			2023	Develop a “Diversity & Inclusion” plan	Ongoing
	INCLUSIVE AND SUSTAINABLE COMMUNITIES	09 INDUSTRY, INNOVATION, AND INFRASTRUCTURE 11 SUSTAINABLE CITIES AND COMMUNITIES	2021-22	Meetings with the main tenants of buildings to analyse buildings’ ESG performances and identify possible actions to reduce environmental impacts	Completed
			From 2021	Launch of monitoring and measurement of the social impacts generated in urban regeneration projects	Ongoing [Completed for the urban regeneration study begun in 2021]
			2024	Definition of a social impact framework and relative objectives for all projects	Ongoing
G	INNOVATION	09 INDUSTRY, INNOVATION, AND INFRASTRUCTURE	2022-23	Development of a platform for the digitalisation of all property data and ESG reporting data	Ongoing
	INNOVATION	09 INDUSTRY, INNOVATION, AND INFRASTRUCTURE	2023	Development of a product blueprint for both office and residential and logistics buildings	Ongoing
	TRANSPARENCY AND GOVERNANCE	11 SUSTAINABLE CITIES AND COMMUNITIES 12 RESPONSIBLE CONSUMPTION AND PRODUCTION	From 2015 on an annual basis	COIMA SGR Annual Sustainability Report	Ongoing
			2023	Integration of “green and brown discount” in valuation processes	Ongoing
			From 2021	Development and integration of data governance in ESG disclosure	Ongoing
			2022-23	40% GAV classified under Art.8 and Art.9 SFDR and 40% of fund raising classified under Art.8 and Art.9	Ongoing [More than 25% of fund raising classified under Art.8 and Art.9]
			2022-23	Identification of key stakeholders and modes of engagement with them, to be formally established in a specific policy	Ongoing [Initial identification of key stakeholders and modes of engagement has been completed]
			2023	Submission of GRESB rating for 40% of the COIMA SGR portfolio	Ongoing [Reached 38% of COIMA SGR portfolio subjected to GRESB rating]

¹⁹ In light of the corporate reorganisation implemented in 2022, this target was shifted to 2026