Our responsibility
We take our responsibility towards the environment and society seriously. This is why we are committed to acting responsibly and to sustainable corporate governance.
Our sustainability strategy primarily addresses issues that we can influence directly. We have defined focal points and ambitious, concrete, and measurable goals for the areas of Environment, Social, and Governance (ESG).
Material topics
We identified the topics relevant to us through a multi-level stakeholder dialogue and we have been reviewing them regularly ever since. The materiality analysis was conducted in consultation with employees from all areas and at all levels of the hierarchy, as well as with other stakeholders such as tenants, suppliers and representatives from the scientific community, civil society and the financial sector. We added our findings to the results of a written survey that was circulated widely among all stakeholders.
In determining the material topics, we have evaluated both the impact of our business operations on society and the environment (materiality of impacts) and the impact of society and the environment on our business (financial materiality).
Our key targets 2021-2024
CO2 redution path of our portfolio Net zero across the entire portfolio by 2050 at the latest Halve the share of fossil fuels by 2030 | |
Sustainable and recyclable construction Promoting sustainable construction projects taking climate risks and biodiversity into account Continuous reduction of resource consumption in the construction of new buildings | |
High-quality design of living spaces Designing projects with a high quality of life Fostering active cooperation with external stakeholders | |
Equal opportunities Promoting equal opportunities Continuous training and development of all employees | |
Sustainable corporate governance Establishing sustainability at the top level of corporate management |
Details on our progress towards our targets can be found in our sustainability report, which is prepared in accordance with the GRI standards. Selected key figures are audited by an external service provider (limited assurance).
Our CO2 reduction path
One key focus in the environmental dimension is to achieve net zero by 2050 at the latest. An important interim goal is to reduce greenhouse gases by 50% by 2030.
In order to achieve the ambitious targets of the reduction path, we have developed a label strategy that contains clear guidelines for the renovation and new construction of properties. We set low limits for greenhouse gas emissions and also take grey energy into account.
Our label strategy
We are guided by the Swiss Sustainable Construction Standard (SNBS). All new buildings for our own portfolio or for sale are completed and certified to the SNBS Gold standard. Our own renovation projects ideally follow the SNBS renewal standards.
Our contribution to the Sustainable Development Goals
We contribute to achieving the Sustainable Development Goals (SDGs) adopted by the Member States of the United Nations through our business activities and our sustainability strategy. These goals are to be achieved globally and by all UN Member States by 2030. Our guiding principle is SDG 11:
‘Sustainable Cities and Communities’.
Moreover, our efforts correspond to several of the other goals covering the following areas:
Climate and energy
Supporting the circular economy
Allreal as an attractive and safe employer