Climate Change Data

Environmental Metrics

ESG Focus Areas

• Long-term economic performance
• Urban planning quality
• Construction
• Biodiversity
• Data protection
• Energy
• Innovation
• Climate change
• Supply chain
• Employees
• Mobility
• User satisfaction
• Reputation
• Resource use
• Site development
• Transparency
• Corporate culture
• Governance

Environmental Achievements

• Systematically surveyed own energy requirements and greenhouse gas emissions for the first time.
• Set up the joint venture HIAG Solar AG with aventron to produce renewable energy.
• Produced 3.2 GWh of renewable electricity.
• Used 15,000-20,000 m³ of recycled gravel base in the construction of Doka Switzerland’s new office building.
• Recycled 1000 m³ of concrete and professionally cleaned 3,350 tonnes of contaminated excavation material.

Social Achievements

• No work-related accidents involving HIAG employees in 2021.
• Supported 12 employees in their continuing education (1,040 hours).
• Maintained a high proportion of women at all functional levels.
• Implemented a Code of Conduct for Business Partners.
• 95% of order volume awarded to Swiss companies in 2021.

Governance Achievements

• Sustainability strategy approved by the Board of Directors and integrated into HIAG’s Strategy 2025.
• No violations of the Codes of Conduct identified in 2021.
• ESG issues included in the risk assessment for the first time in 2021.
• No confirmed cases of corruption, legal proceedings related to corruption, anti-competitive behavior, or breaches of regulations and voluntary Codes of Conduct.

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions.
• Developing guidelines for building certification and handling of recyclable and circular products.
• Improving data collection and reporting on sustainability metrics.

Mitigation Strategies

• Developed a plan to reduce greenhouse gas emissions by 2023.
• Developing guidelines for building certification and handling of recyclable and circular products by 2023.
• Participating in the GRESB Real Estate Assessment 2022.
• Investing in renewable energy production through HIAG Solar AG (aiming for 6 MWp by 2024).

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Code of Conduct for Business Partners requiring compliance with relevant guidelines.

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: GRI Standards (core option)

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

HIAG actively contributes to 10 of the 17 SDGs (Specific goals not explicitly listed).

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed

Environmental Metrics

ESG Focus Areas

• Greenhouse gas emissions reduction
• Employee satisfaction
• Customer satisfaction
• Sustainable property management
• Climate-related financial disclosures (TCFD)

Environmental Achievements

• Developed a reduction pathway for greenhouse gas emissions in the yielding portfolio
• Achieved a 25% reduction in Scope 1 and a 35% reduction in Scope 2 emissions in the yielding portfolio compared to 2021.
• Developed a Sustainable Building Manifesto
• Generated nearly 8.1 GWh of renewable electricity in 2022 (HIAG and HIAG Solar AG combined)

Social Achievements

• Implemented measures to reduce above-average staff turnover
• Conducted digital training courses on IT security and sustainability with high participation rates.
• Maintained close contact with tenants, resulting in high tenant satisfaction.

Governance Achievements

• Expanded ESG risk analysis into the sustainability strategy
• Implemented an anonymous whistleblowing form on the company website
• No violations of the Codes of Conduct for Employees and Business Partners were identified.

Climate Goals & Targets

Environmental Challenges

• Above-average staff turnover
• Reducing greenhouse gas emissions from purchased district heating
• Achieving net-zero emissions by 2050

Mitigation Strategies

• Building up personnel, particularly in HR and high-workload business units
• Expanding internal communication and offering additional feedback opportunities
• Developing a reduction path for greenhouse gas emissions, including anticipated compensation measures for net-zero target by 2050

Supply Chain Management

Responsible Procurement

• Code of Conduct for Business Partners
• Preference for local Swiss businesses (99% of order volume in 2022)

Climate-Related Risks & Opportunities

Physical Risks

• Natural hazards

Opportunities

• Energy-efficient renovations and equipment
• Renewable energy production

Reporting Standards

Frameworks Used: GRI Standards

Third-party Assurance: No third-party assurance

UN Sustainable Development Goals

• 7, 9, 11, 13

Contribution to SDGs described in detail in the Sustainability Report.

Sustainable Products & Innovation

• Multi-storey, vehicle-accessible “Fahrwerk” building in Winterthur

Environmental Metrics

ESG Focus Areas

• Environment
• Social
• Governance
• Green Financing

Environmental Achievements

• Reduced greenhouse gas emissions in the yielding portfolio (Scope 1: -39%, Scope 2: -34% compared to 2021)
• Increased renewable energy share in energy mix to 27%
• HIAG Solar AG facilities with a capacity of 4.76 MWp in operation by the end of 2023

Social Achievements

• Conducted comprehensive anonymous employee survey resulting in Great Place to Work® certification
• Conducted digital tenant survey with a high response rate (30.7%)
• Implemented 'sustainable property management' package including green lease agreements and tenant information brochures

Governance Achievements

• First-time external audit of selected key figures
• First-time reporting in accordance with TCFD recommendations
• Comprehensive revision of risk management, merging it with ESG risk management

Climate Goals & Targets

Environmental Challenges

• Reducing greenhouse gas emissions and waste volumes
• Meeting changing needs of tenants and other stakeholders
• Reducing above-average staff turnover

Mitigation Strategies

• Developed reduction path for greenhouse gas emissions
• Implemented sustainable property management measures
• Conducted employee and tenant surveys to understand needs and implement improvements
• Built up personnel, particularly in HR and high-workload business units

Supply Chain Management

Responsible Procurement

• Code of Conduct for Business Partners

Climate-Related Risks & Opportunities

Physical Risks

• Heatwaves
• Gale-force winds
• Rainfall and flooding
• Mass movements

Transition Risks

• Wrong investments in inefficient technologies
• Changing customer requirements
• Changing requirements of investors
• Regulatory interventions
• Increased costs due to limited availability of resources

Opportunities

• Attractive project funding
• Income from in-house energy production
• Lower insurance policies
• Increasing resource efficiency
• Improving stakeholder relationships
• Employer of choice

Reporting Standards

Frameworks Used: GRI Standards, TCFD

Certifications: Minergie, Great Place to Work®

UN Sustainable Development Goals

• 7 (Affordable and Clean Energy)
• 9 (Industry, Innovation and Infrastructure)
• 11 (Sustainable Cities and Communities)
• 13 (Climate Action)

HIAG's activities contribute to these goals through renewable energy production, sustainable construction, urban development, and greenhouse gas emission reduction.

Sustainable Products & Innovation

• Energy-efficient refurbishments
• Multi-storey, vehicle-accessible building
• Innovative mobility concepts
• Mobile sensors for optimizing technical facilities

Awards & Recognition

• Great Place to Work® certification