Graphisoft Park SE
Climate Impact & Sustainability Data (2015, 2016)
Reporting Period: 2015
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
- Sustainable architecture
- Environmental consciousness
Environmental Achievements
- Commitment to environmentally conscious and sustainable architectural solutions in new developments and refurbishment of older sections
Social Achievements
- Strengthened Graphisoft Park’s “science park” features by concluding an agreement with the Aquincum Institute of Technology (AIT) to create and run international higher education functions in the Park.
- Created a university campus with over 1,000 students
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Construction of 8,000 m2 new office space and underground parking for 300 cars by 2017.
Environmental Challenges
- Demolition of older buildings to make way for new developments, temporarily reducing rentable space.
- Residual environmental hazards from prior gasification activity.
- Regulations protecting landmark buildings limiting land usability.
- Potential flood risk due to location on the Danube waterfront.
Mitigation Strategies
- Executing a loan agreement with Erste Bank to finance new developments.
- Implementing hedging agreements to cover exchange and interest rate risks.
- Carrying out demolition of structures not protected as landmarks and completing planned archeological excavations.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Potential flood risk
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: IFRS
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2016
Environmental Metrics
ESG Focus Areas
- Environmental sustainability
- Community development
Environmental Achievements
- Commitment to environmentally conscious and sustainable architectural solutions in new constructions and refurbishment of older sections.
- Renovation and repurposing of 7,000 m2 historical buildings into a state-of-the-art university campus.
Social Achievements
- Strengthening Graphisoft Park’s “science park” features through collaboration with Aquincum Institute of Technology (AIT) for international higher education.
- Supporting start-up companies by leasing office and laboratory space, and providing business development advice.
Governance Achievements
- Detailed reporting on corporate governance principles and their implementation, including information on the Board of Directors and Audit Committee.
Climate Goals & Targets
Long-term Goals:
- Further development potential of 54,000 m2 of office space.
Medium-term Goals:
- Construction of a new office complex consisting of 4 blocks with a total of 12,000 m2 floor space and underground parking for 450 cars by the first quarter of 2018.
Short-term Goals:
- Construction of 8,000 m2 new office space and underground parking for 300 cars by 2017.
Environmental Challenges
- Residual environmental hazard from prior gasification activity.
- Regulations protecting landmark buildings limit land usability.
- Potential flood risk due to Danube waterfront location.
Mitigation Strategies
- Environmental clean-up projects planned by the Capital City Gas Works.
- Working within regulations protecting landmark buildings.
- Considering potential flood risk in future development plans.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Potential flood risk
Reporting Standards
Frameworks Used: IFRS