The 2020-2023 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 | TIME HORIZON | OBJECTIVE | COMMENT |
|---|---|---|---|---|
| E | Energy efficiency and decarbonisation | 2021 | Analysis of buildings’ environmental performances, technical and economic evaluation of possible areas for improvement in relation to the EU decarbonisation objectives. | Completed |
| 2021 - 2022 | Definition of plan for decarbonisation of the portfolio. | Ongoing [Definition of decarbonisation plan completed for 50% circa of the portfolio] | ||
| From 2022 | Monitoring and reporting of the results achieved with the decarbonization plan | Ongoing | ||
| From 2021 | Integration of emissions assessment and monitoring process during construction and requalification. | Ongoing | ||
| Scheduling depending on the actual building restructuring process | Application of LEED and WELL sustainability certifications of redeveloped or newly constructed buildings. | Ongoing [>80% of buildings LEED and WELL certified and precertified] | ||
| 2021-23 | Inclusion in the investment strategy of all Funds of the decarbonisation plan complete with the costs and the expected effects on the portfolio with regard to emissions. | Ongoing | ||
| 2021-23 | 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). | Ongoing [70% of Scope 3 emissions reported] | ||
| 2021-23 | >50% coverage of the GAV of the properties managed with technologies for the automatic acquisition of GHG emissions in Scope 1 and 2. | Ongoing | ||
| E | Protection and conservation of ecosystems | 2022 - 24 | Implementation of at least 30% green areas in all urban developments | Ongoing |
| Efficient use of resources and circularity | 2024 | Mapping and collection of suppliers’ ESG performance data | To be started | |
| S | People’s health, safety and wellbeing | 2022-2024 | Achieve Great Place to Work certification | To be started |
| Development and promotion of human capital | 2023 | Achieve at least 40 hours of training per capita | Ongoing | |
| 2022 | Assign ESG objectives in COIMA employees’ MBOs | Ongoing | ||
| 2023 | Develop a “Diversity & Inclusion” plan | Ongoing | ||
| Inclusive and sustainable communities | 2021-22 | Meetings with the main tenants of buildings to analyse buildings’ ESG performances and identify possible actions to reduce environmental impacts | Ongoing | |
| From 2021 | Launch of monitoring and measurement of the social impacts generated in urban regeneration projects | Ongoing [Groundwork on planning an urban regeneration project] | ||
| G | Innovation | 2022-2023 | Development of a platform for the digitalisation of all property data and ESG reporting data1 | Ongoing |
| Transparency and governance | n.s. | COIMA SGR Annual Sustainability Report | Ongoing | |
| From 2021 | Development and integration of data governance in ESG disclosure | Ongoing | ||
| 2022 - 2023 | 40% GAV classified under Art.8 and Art.9 SFDR and 40% of fund raising classified under Art.8 and Art.9 SFDR | Ongoing [More than 25% of fund raising classified under Art.8 and Art.9] | ||
| 2022-2023 | Identification of key stakeholders and modes of engagement with them, to be formally established in a specific policy | Ongoing | ||
| 2023 | GRESB rating for 40% of the COIMA SGR portfolio | Ongoing [38% of COIMA SGR portfolio subjected to GRESB rating] |
1 Goal amended compared to the 2020 sustainability report and previously entitled “introduction of automatic systems for acquisition of the environmental data of buildings.”
