Environmental – Social – Governance
Our ESG Philosophy
Stoneweg recognises the Real Estate activities as having an impact on the environment and people, while playing a central role in a prosperous society.
We believe that taking Environmental, Social and Governance (ESG) factors into account is essential for the creation of sustainable value for the company, our investors and our communities.
Stoneweg Group’s general ESG and Responsible Investment Policy
Sustainability
Improves Value
Stoneweg’s ESG strategy
Our ESG strategy focuses on three core commitments which encompass the areas that have the greatest overlap between what matters to stakeholders and the foundational tenets of the business, and that we have determined as strategic priorities within the environmental, social and governance topics. Our full ESG framework comprises 15 categories covering key Stoneweg’s material sustainability responsibilities, risks and opportunities.
The core commitments and their supporting KPIs and targets represent the issues where Stoneweg can create the most significant impact due to our company’s position, size and reach. This also makes them critical to the success of our business strategy.
With regard to the structure of the Group we have adopted global ESG policies covering the material topics and systematically disseminated to the strategies when relevant. To sharpen our ESG implementation, specific strategies and portfolios are adopting distinct policy which align with the Group goals and objectives.
We have implemented ESG Governance according to various levels of responsibilities and duties, including a Group ESG Committee and several sub-committees and working groups.
Our Core Commitments
Designing a Sustainable Future
Designing our investments for the future is a critical element of Stoneweg’s strategies.
To ensure our developments are fit for the future we adhere to all relevant environmental standards and aim to minimise the environmental impact of our investments.
The decarbonisation of the built environment will play a crucial role in mitigating the climate crisis and we will contribute to global goals to ensure we integrate environmental considerations into each step of the investment process.
Overview of the ESG categories:
- Green buildings/Building certifications
- Sustainable building materials
- Energy Management & Efficiency
- GHG emissions
- Climate Adaptation & Mitigation
Developping People and Communities
Stoneweg puts people and communities at the heart of its strategy.
Our people are at the heart of our business and we are committed to ensuring their wellbeing, and supporting them to develop their skills on an ongoing basis.
We also recognise our responsibility to the communities in which we operate. We are committed to developing and supporting communities through our business strategy, ensuring the local communities are engaged and considered in all of our activities.
Overview of the ESG categories:
- Equality, Diversity and Inclusion
- Health & Wellbeing
- Training and development
- Community engagement
- Volunteering & charitable contributions
Being a Responsible and Accountable Business
Stoneweg is committed to operating in a responsible and accountable manner.
This includes ensuring compliance to all relevant laws and regulations. In order to fulfil the role expected of us by society, we integrate strong governance practices and ensure the respect of all those within the Stoneweg value chain.
Overview of the ESG categories:
- Responsible & Sustainable Supply Chains
- Human Rights
- Data Security and Cyber Security
- Transparency & Accountability
- Anti-Bribery and Corruption
UN Sustainable Development Goals
Stoneweg supports the UN Sustainable Development Goals
5.
Gender Equality
Improve gender representation at all levels of the organization, granting all employees equal rights, responsibilities and opportunities.
7.
Affordable and Clean Energy
Maximize use of clean and renewable energy in buildings and achieve high levels of energy efficiency.
8.
Decent Work and Economic Growth
Ensure labour rights are protected through Stoneweg’s employment related policies.
9.
Industry, Innovation and Infrastructure
Invest in new technologies and sustainable buildings with innovative floorspace utilisation concepts and offerings.
11.
Sustainable Cities and Communities
Use existing properties more intensively and take a participative approach to new projects and large site transformations which incorporates their utilization by local communities.
12.
Responsible Consumption and Production
Define and monitor sustainability criteria for the entire product life cycle from construction to demolition, identify opportunities for circularity.
13.
Climate Action
Reduce resource consumption and implement measures to protect against climate-related risks.
17.
Partnerships for the Goals
Collaborate with relevant partners, networks, regulators and governing bodies to enhance sustainable development initiatives.
Documentation
Corporate Policy
Sustainability-related Disclosures
Other Documentation
ESG and Responsible Investment Policy ➔
SFDR Article 4: No consideration of adverse impacts of investment decisions on sustainability factors ➔
SFDR Article 3 & 5 ➔
Modern Slavery Statement ➔
Supplier Code of Conduct* ➔
Código de Conducta para Proveedores* ➔
Code de conduite des fournisseurs* ➔
*Translations can be provided upon request to the ESG department