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 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 their own distinct policies 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
Investing in real estate includes inherent environmental challenges and we aim for each proposed strategy to assess and manage the environmental issues as best as we can taking into account the specificities of the investment product. When relevant, we apply for external certification of the environmental processes applied for the product and we report on the topics towards investors in a transparent and fair manner.
Overview of the ESG categories:
- Green Buildings/Building Certifications
- Sustainable Building Materials
- Energy Management & Efficiency
- GHG Emissions
- Climate Adaptation & Mitigation
Developing People and Communities
Stoneweg puts people and communities at the heart of its strategy. Our people are the core of our business, and we are committed to ensuring their well-being, and supporting them to develop their skills on an ongoing basis. We are committed to developing and supporting communities through our business strategy and, when relevant, engagement activities.
Overview of the ESG categories:
- Equality, Diversity & Inclusion
- Health & Wellbeing
- Training & 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 with all relevant laws and regulations.
Our operations are supported through sound governance practices combined with a strong internal control framework.
Overview of the ESG categories:
- Responsible & Sustainable Supply Chains
- Human Rights
- Data Security & Cyber Security
- Transparency & Accountability
- Anti-Bribery & Corruption
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.
6. Ensure availability and sustainable management of water and sanitation for all
Enhance water management efficiency in building operations.
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 HR policy
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. Partnership for the goals
Collaborate with relevant partners, networks, regulators and governing bodies to enhance sustainable development initiatives.
Documentation
ESG Policy
ESG and Responsible Investment Policy
PRI
Stoneweg is a signatory of the PRI – Principles for Responsible Investment