Climate Change Data

Vivenio Residencial SOCIMI, S.A.

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:3990 tCO2e (location-based) / 4460 tCO2e (market-based)
Scope 1 Emissions:383 (location-based) / 441 (market-based)
Scope 2 Emissions:1066 (location-based) / 963 (market-based)
Scope 3 Emissions:2541

ESG Focus Areas

  • Environmental
  • Social
  • Governance

Environmental Achievements

  • Achieved GRESB 5-star qualification, putting us at the top of the category of European listed companies in the residential sector.
  • 100% of energy and water consumption data collected in common and private areas.
  • Increased installed power in photovoltaic solar panels from 13.4 KW in 2022 to 24.5 KW in 2023.
  • Increased electricity with a guarantee of renewable origin from 550 MWh in 2022 to 1,700 MWh in 2023.

Social Achievements

  • Improved tenant satisfaction scores (8.3/10 for commercial process and 7.6/10 for reservation & contract).
  • Implemented various measures to improve employee well-being, including the inauguration of new corporate offices.
  • Maintained 100% of employees on full-time permanent contracts.
  • Conducted training sessions on various topics, including ESG matters.

Governance Achievements

  • Achieved the maximum GRESB 5-star qualification.
  • Continued to guarantee transparency in information disclosure and good governance practices.
  • Published an annual GRI-aligned sustainability report.
  • Implemented a whistleblowing channel.

Climate Goals & Targets

Long-term Goals:
  • Zero scope 1 and 2 greenhouse gas emissions by 2050.
Medium-term Goals:
  • Reduce the intensity of Scope 1 and 2 greenhouse gas emissions by 60% in 2030 (2022 as baseline).
Short-term Goals:
  • Reduce the intensity of Scope 1 and 2 greenhouse gas emissions by 60% in 2030 (2022 as baseline).

Environmental Challenges

  • Investing in continuous improvement of buildings without affecting tenant enjoyment of their homes.
  • Managing risks associated with climate change (physical and transition risks).
Mitigation Strategies
  • Developed a decarbonization plan with targets for 2030 and 2050.
  • Implemented energy efficiency measures (LED lighting, presence detectors).
  • Working on installing photovoltaic solar panels in all assets.
  • Implementing rainwater reuse systems in assets under development.

Supply Chain Management

Supplier Audits: 29 providers evaluated in 2023 through Ecovadis

Responsible Procurement
  • ESG criteria integrated into provider selection process
  • Evaluation of compliance risks associated with providers

Climate-Related Risks & Opportunities

Physical Risks
  • Floods
  • Droughts
  • Rising sea levels
  • Temperature increase
Transition Risks
  • Regulatory/Legal emissions
  • Regulation of existing products/services
  • Increasingly demanding financial regulation
  • Technological Investment in new technologies
  • Market Changes in customer behaviour
  • Uncertainty in market signals
  • Increase in the cost of energy supply
  • Loss of reputation due to increased stakeholder concern
  • Slow or insufficient reaction to extreme events

Reporting Standards

Frameworks Used: GRI

Certifications: BREEAM In-Use, BREEAM Excellent, WELL

UN Sustainable Development Goals

  • Goal 7 (Affordable and Clean Energy)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 13 (Climate Action)
  • Goal 8 (Decent Work and Economic Growth)

Initiatives contribute to these goals through energy efficiency, renewable energy, sustainable mobility, community engagement, and responsible business practices.

Awards & Recognition

  • GRESB 5-star qualification