NEINVER, S.A.U.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:29,203 tCO2e/year (location-based)
Scope 1 Emissions:174 tCO2e/year (gas) + 561 tCO2e/year (fugitive emissions & diesel)
Scope 2 Emissions:6,738 tCO2e/year (electricity – location-based) + 34 tCO2e/year (district heating)
Scope 3 Emissions:22,121 tCO2e/year (tenants)
Renewable Energy Share:95% of total energy consumed at centers
Total Energy Consumption:Not disclosed
Water Consumption:190,133 m3/year
Waste Generated:7,253 tons/year
Carbon Intensity:Not disclosed
ESG Focus Areas
- Climate Change
- Energy Efficiency
- Renewable Energy
- Waste Management
- Circular Economy
- Biodiversity
- Employee Well-being
- Diversity & Inclusion
- Responsible Supply Chain
- Governance
- Compliance
Environmental Achievements
- Reduced energy consumption by 4.3% and carbon emissions by 9.9% across the managed portfolio compared to 2022.
- Achieved Zero Waste certification for 94% of centers.
- Renewed BREEAM In-Use certification for all properties in France, Poland, and Italy.
- 95% of total energy consumed at centers came from renewable sources.
Social Achievements
- 45% increase in training hours, including ESG training for all employees.
- Launched strategic projects Impulsa (entrepreneurship), Emplea (employment), and Campus (education).
- Decreased employee turnover rate from 24.41% in 2022 to 14.74% in 2023.
Governance Achievements
- Awarded the maximum 5-star GRESB rating for the fourth consecutive year.
- Updated Code of Ethics and company values and principles.
- Renewed Italian compliance model (Model 231).
Climate Goals & Targets
Long-term Goals:
- Net zero operational GHG emissions across owned assets by 2040
Medium-term Goals:
- 95% GHG emissions reduction by 2040
- 40% Energy Intensity reduction by 2040
- 80% of assets with BREEAM IN USE Excellent (Part I) by 2030
- 100% of assets with BREEAM IN USE Excellent (Part II) by 2030
- 100% of assets with AIS certification and at least 3 stars by 2030
- 100% of centers with more than 3 long-term relationships with local organizations working on local SDG challenges by 2030
Short-term Goals:
- 60% GHG emissions reduction by 2030
- 15% Energy Intensity reduction by 2030
Environmental Challenges
- Record-high temperatures in Europe impacting energy consumption.
- Volatile energy prices and increasing regulatory pressures in Europe.
- Significant contribution of tenant energy use to overall emissions (Scope 3).
Mitigation Strategies
- Launched a Net Zero Carbon Roadmap with targets for GHG emission and energy intensity reduction by 2030 and 2040.
- Implementing energy reduction plans, increasing on-site renewable energy, and engaging with tenants to lower their emissions.
- Continuous monitoring and improvement of energy management and retrofit measures.
Supply Chain Management
Supplier Audits: 53.92% of new suppliers underwent a sustainability assessment in 2023.
Responsible Procurement
- Sustainable procurement policy implemented in 2023.
- Prioritizing locally produced materials and local service providers.
- Using easily recyclable materials and products with environmental labeling.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (flooding, heat waves)
- Water shortages
- Energy supply disruptions
Transition Risks
- Regulatory changes
- Market shifts
- Increased pricing of GHG emissions or carbon credits
Opportunities
- Cost optimization through on-site renewable energy production
- Installing electric vehicle charging points
Reporting Standards
Frameworks Used: GRI, GRESB, TCFD, UN Global Compact
Certifications: ISO 9001, ISO 14001, ISO 50001, ISO 45001, BREEAM In-Use, AIS, Zero Waste
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- SDG 3
- SDG 6
- SDG 7
- SDG 8
- SDG 10
- SDG 11
- SDG 12
- SDG 13
Initiatives contributing to these goals are detailed in the report.
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- 5-star GRESB rating