Our Intention to be a Future-Fit Business.
We recognize the crucial role every business must play in creating a Future-Fit Society – one that is environmentally restorative, socially just and economically inclusive – and we are committed to playing our part.
We aspire to become Future-Fit Business because we believe that our long-term success is tied to the value we provide to society. That means we must eliminate all of the potential negative impacts associated with what we buy, what we sell, and what we do.
In particular, as a real estate developer we are aware of the environmental impact of the value chain we are part of: especially the greenhouse gas emissions in the different stages of the life cycle of buildings – embodied carbon and operational emissions where fossil fuels are not yet phased out – the environmental impact of the materials we use from production to end-of-life. Therefore, we have set up ambitious programs to gradually mitigate the negative impact our business has. Our Net-Zero 2050 Program guides us towards carbon neutrality. Our Circular Economy Program contains the steps to move from a take-make-waste economy to a circular economy. We are also aware of the impact of our value chain on people. We formulated ambitions to also consider social aspects in the upstream value chain of the materials we use. We want our projects to add sustainable value for the users of our buildings, for investors, for local residents, etc.
In addition, we will seek to create positive impact wherever we can, to speed up society’s transition to future-fitness through our own actions and by assisting others on the journey.
In particular, as a real estate developer, we want to contribute to sustainable cities and communities. With every project, we consider how we can make a positive contribution to the environment, to the city, to the neighbourhood, to future residents, to those who come to work in the accommodation we provide, etc. In doing so, we have an eye for a nature-inclusive and climate-adaptive city and encourage social interaction.
We acknowledge that incremental improvement of the status quo isn’t enough, so we intend to transform the way we do things. We will lead by example and encourage other businesses to do the same by sharing our progress annually.