INOVALIS (commercial name “INOVALIS REAL ESTATE FUNDS MANAGER”) – A French Joint Stock Limited Liability Company (Société Anonyme) - Climate Data, Carbon Emissions & Sustainability Report (2022, 2022-03 to 2025-01)

INOVALIS (commercial name “INOVALIS REAL ESTATE FUNDS MANAGER”) – A French Joint Stock Limited Liability Company (Société Anonyme)

Climate Impact & Sustainability Data (2022, 2022-03 to 2025-01)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:60,000 tCO2e (2022, company-wide); 44 kgCO2e/m²/year (2022, portfolio)

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

Environmental
Social
Governance

Environmental Achievements

Reduced carbon emissions (specific figures not provided, but a commitment to a trajectory compatible with the French National Low-Carbon Strategy (SNBC) and the Paris Agreement is stated. A first carbon footprint assessment was conducted in 2023 for 2022 activities.)
Increased the share of non-thermal vehicles in the company fleet to 27% by the end of 2022.
Implemented sustainability actions in the GOBELAS 35 building in Madrid, including switching to an aerothermal heating system and providing electric vehicle charging stations.

Social Achievements

Maintained a high rate of unanimous votes (100%) on collective agreements with employee representatives.
Organized regular internal communications on sustainability performance and actions (aiming for at least 4 communications per year).
Held numerous meetings with employee representatives (aiming for at least 20 meetings per year).

Governance Achievements

Established a Sustainability Committee that meets several times a year.
Developed a Supplier Relations Charter.
Integrated ESG considerations into the group's overall strategy.

Climate Goals & Targets

Long-term Goals:

Achieve carbon neutrality by 2050.

Medium-term Goals:

Achieve 100% hybrid or electric vehicle fleet by 2030.
Align the entire European tertiary portfolio with the Tertiary Decree trajectory by 2030.
Align all group offices with the Tertiary Decree trajectory by 2030.

Short-term Goals:

Increase the share of hybrid and electric vehicles in the fleet to 38% by 2025.
Achieve 90% distribution of the eco-gesture guide to tenants by 2025.
Have 75% of suppliers sign the Supplier Relations Charter by 2025.

Environmental Challenges

Reducing the carbon footprint of the real estate portfolio and activities.
Improving energy efficiency across the portfolio.
Maintaining open and effective social dialogue.

Mitigation Strategies

Implemented a global carbon reduction strategy, including annual carbon footprint measurement and certification.
Set targets for reducing greenhouse gas emissions and aligning with the SNBC and Paris Agreement.
Implemented actions to reduce energy consumption in buildings, including aligning with the French Tertiary Decree trajectory.
Developed a guide on eco-gestures for building occupants.
Developed a Supplier Relations Charter to promote responsible procurement.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

Supplier Relations Charter

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

7, 13

The report mentions alignment with several SDGs, but doesn't provide a detailed explanation for each.

Sustainable Products & Innovation

Not disclosed

Awards & Recognition

Not disclosed

Reporting Period: 2022-03 to 2025-01