Buligo Capital
Climate Impact & Sustainability Data (2023-2024)
Reporting Period: 2023-2024
Environmental Metrics
ESG Focus Areas
- Energy efficiency and environmental impact
- Waste management and resource efficiency
- Climate change mitigation
- Sustainable development and green buildings
- Social responsibility and community engagement
- Tenant satisfaction
- Employee wellbeing
- Business ethics and transparency
- Financial reliability and accurate reporting
Environmental Achievements
- Four properties achieved green certifications (two Energy Star, two Green Globes)
- All operating partners implemented LED lighting
- Installed a 25.6 kW solar PV array at Ironwood, avoiding 26.049 metric tons of CO2 emissions
- Implemented various water conservation measures in Green Globes properties (low-flow fixtures, WaterSense-certified appliances)
Social Achievements
- Employee satisfaction survey results: 4.55/5 enjoyment, 4.5/5 pride
- Offered flexible work schedules and remote work options
- Provided comprehensive health and wellness programs
- Designated 20% of Tribute Verdae units as affordable housing
- Active community engagement through town hall meetings, charitable donations, and volunteer work
Governance Achievements
- Adopted a comprehensive Code of Ethical Conduct including anti-bribery and corruption guidelines
- Mandatory annual Code training for all employees
- Board of Directors includes three independent directors and three women (38% of the board)
Climate Goals & Targets
Long-term Goals:
- Forming a management-based ESG committee
- Periodic ESG reporting and disclosure
Medium-term Goals:
- Encouraging all operating partners to adopt energy management systems
- Promoting upgrades to energy-efficient appliances and systems
Short-term Goals:
- Implementing a tenant satisfaction survey
- Increasing collaboration with property management companies
Environmental Challenges
- Minimizing environmental impact of construction activities
- Reducing overall carbon footprint
- Improving energy efficiency across all properties
- Enhancing tenant satisfaction and community engagement
Mitigation Strategies
- Conducting Environmental Impact Assessments (EIAs)
- Implementing energy management systems
- Upgrading to energy-efficient appliances and systems
- Implementing tenant satisfaction surveys
- Increasing collaboration with property management companies
Supply Chain Management
Responsible Procurement
- Use of sustainable materials (recycled sheetrock, non-virgin wood)
- Working with vendors aligning with Buligo's code of conduct
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRI
UN Sustainable Development Goals
- SDG 7
- SDG 8
- SDG 9
- SDG 11
- SDG 12
- SDG 13
- SDG 15
- SDG 17
Buligo's contributions to SDGs are outlined in the report, aligning with their core competencies and strategic initiatives.