Climate Change Data

Henri Broen Holding B.V.

Climate Impact & Sustainability Data (2020)

Reporting Period: 2020

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

  • The hotel will be sustainably operated – also through the use of its own combined heat and power plant. The use of plastics will be avoided during the renovation.

Social Achievements

  • Not disclosed

Governance Achievements

  • Not disclosed

Climate Goals & Targets

Long-term Goals:
  • Sell the hotel at the end of the bond term to ensure bond repayment.
Medium-term Goals:
  • Open the hotel in May 2023.
Short-term Goals:
  • Sell the supermarket plot in Q1 2021 (assuming successful bond issuance).

Environmental Challenges

  • Risks related to the COVID-19 pandemic, including potential decreased demand for real estate, higher construction costs, and supply chain disruptions.
  • Dependence on the sole shareholder and managing director, Henri Broen.
  • Dependence on qualified service providers, specialists, and consultants.
  • High employee turnover risk in the hotel operation.
  • Competition from other real estate development companies.
  • Lack of available real estate projects.
  • Risks related to the general economic climate and the real estate market.
  • The company's short existence and lack of experience in project development and the real estate market.
  • General entrepreneurial risk.
  • Potential unavailability of construction companies.
  • Risks associated with the actions of companies and/or individuals collaborating with the company.
  • Insufficient insurance coverage.
  • Risks related to the market position and brand recognition of the company.
  • Legal and regulatory risks, including changes in building regulations, tax laws, and societal discourse on real estate markets.
  • Concentration and cluster risks due to the large size and single nature of the Koningsbosch project.
  • Risks related to inadequate risk management.
  • Risks related to environmental and socio-political circumstances and corporate governance.
  • Risks related to the Koningsbosch project, including potential miscalculation of costs and revenues, and insufficient demand for the developed properties.
  • Risks related to warranty claims.
  • Risks related to the bonds, including the risk of total loss in case of insolvency, lack of security, potential ineffectiveness of the trust structure, and potential misconduct by the trustee.
Mitigation Strategies
  • The trust structure secures the claims of bondholders through mortgage collateral and pledging of operating and rental income.
  • A first-rank mortgage on the monastery project will be granted to the trustee.
  • Alternative refinancing concepts are conceivable.
  • Sales proceeds from the villas and supermarket, and other operating and rental income, will be available to bondholders to service the coupons.

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: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Not disclosed