Árima Real Estate SOCIMI, S.A.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Renewable Energy Share:39%
ESG Focus Areas
- Decarbonization
- Well-being, health and safety
- Sustainable refurbishments
- Efficiency in consumption
- Inclusion and diversity
- Waste management
- Risk Management
- Corporate Governance
Environmental Achievements
- 100% reduction in Scope 1 emissions
- 100% of the common areas in the portfolio powered by an electricity supply with a Guarantee of Renewable Origin
- 95% of the portfolio has sustainability certifications considering the gross leasable area in operation
- Significant increase in renewable energy production (6% to 28% in logistics portfolio)
- Reduction in water consumption (20% at headquarters, 75% in offices with operational control, 22% in total portfolio without operational control)
Social Achievements
- 100% of employees recommend working at Árima
- 100% of employees received training (average 27 hours/employee)
- Implementation of the Local Community Engagement Program in 52% of the portfolio
- -1.48% gender pay gap
Governance Achievements
- 95% compliance with CNMV's Good Governance Code recommendations
- No conflicts of interest identified
- 100% attendance from directors in 97% of Board meetings
- EPRA Gold certification for sustainability reporting
Climate Goals & Targets
Environmental Challenges
- Physical risks (heat waves, droughts, floods, environmental degradation)
- Transition risks (political/legal, technological, market, reputational)
- Reducing carbon footprint
- Data collection for assets without operational control
Mitigation Strategies
- Developed an Evaluation System to assess physical and transition risks
- Implemented a Climate Risk Assessment System
- Obtained LEED, BREEAM, and WELL certifications
- Continuous monitoring of efficiency control systems
- Analysis and reduction of consumption in the portfolio
- ESG supplier certification process
Supply Chain Management
Supplier Audits: 82% of suppliers assessed through ESG certification program
Responsible Procurement
- ESG Supplier Certification Programme
- Supplier Selection and Procurement Policy
Climate-Related Risks & Opportunities
Physical Risks
- Heat waves
- Droughts
- Floods
- Environmental degradation
Transition Risks
- Political and legal risks
- Technological risks
- Market risks
- Reputational risks
Reporting Standards
Frameworks Used: EPRA sBPR, GRI Standards, TCFD
Certifications: LEED, BREEAM, WELL
Third-party Assurance: Auren Auditores SP, S.L.P.
UN Sustainable Development Goals
- SDG 7 (Affordable and clean energy)
- SDG 11 (Sustainable cities and communities)
- SDG 13 (Climate action)
Árima's initiatives contribute to these goals through decarbonization efforts, community engagement, and sustainable building practices.
Sustainable Products & Innovation
- Árima Immersive Room®
Awards & Recognition
- EPRA Gold certification (3 consecutive years)
- GRESB 4 stars (86/100)