Objectives and achievement of objectives
for the 2021-24 strategy period
The Allreal sustainability strategy for 2022–2024 we issued in 2021 and reviewed in 2023 had 12 thematic focuses in the three dimensions of environmental, social and governance. It sets clear performance metrics with a time horizon of three years in each case and a CO2 reduction path out to 2050.
Under the Environment heading we want to achieve full carbon neutrality across the whole portfolio of investment properties by 2050 and halve the share of fossil fuels in our energy consumption by 2030 from the base year of 2021. The company is also committed to sustainable and recyclable construction.
The focus areas in the Social category are aimed at creating a pleasant and safe working environment for staff and working on processes to create high-quality living spaces.
Good management is at the heart of the Governance section. This covers the appropriate composition of company bodies, the remuneration system and reporting.
Further details on the goals and measures:
Conclusion and outlook
71% of all goals were achieved in the 2021–24 strategy period. These goals will also be pursued in the new 2025–28 strategy period. The target values not achieved in the current strategy will be driven ahead in the next strategy phase by means of focused support measures.
The 2025–28 strategy was drafted in a participative process involving employees from all areas and levels of seniority. It is based on the double materiality analysis and the previous strategy, supplemented by additional topics; the existing target values have been formulated to make them more ambitious.