Quartiers Properties AB (publ)
Climate Impact & Sustainability Data (2021)
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Not disclosed
Environmental Achievements
- Not disclosed
Social Achievements
- Boho Club received the award for the best luxury boutique hotel in Spain.
- Increased the value of the Boho Club property from EUR 23.6 million to EUR 25.6 million.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Become an established regional operator with high profitability and a broad project portfolio.
Medium-term Goals:
- Further expansion, clear bottom line improvement in the second half of 2022 due to lower financing costs.
- Fully develop the Boho Club and Centro Forestal Sueco.
Short-term Goals:
- Refinance the “Covid loan” with DeShaw/Alantra and reduce financing costs.
- Expect around 10 sales in the first quarter of 2022.
Environmental Challenges
- Rising energy prices due to Russia's invasion of Ukraine.
- Covid-19 restrictions negatively impacted operator activities in 2021.
Mitigation Strategies
- Positioning towards the premium segment, which is less affected by higher travel costs.
- Hopeful that the Ukraine war will accelerate Europe’s transition to renewable energy.
- Secured a loan and avoided a new share issue to maintain liquidity during the pandemic.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IFRS
Certifications: Null
Third-party Assurance: Öhrlings PricewaterhouseCoopers AB
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Boho Club - Best luxury boutique hotel in Spain (Spain Luxury Hotel Awards)