Ina Invest Ltd.
Climate Impact & Sustainability Data (2020)
Reporting Period: 2020
Environmental Metrics
Total Energy Consumption:811,304 kWh
ESG Focus Areas
- Environment
- Social
- Governance
Environmental Achievements
- Each project is certified in accordance with the requirements of an energy and/or sustainability certificate.
- Reduced revenue-adjusted CO2 emissions by at least 3% per year.
Social Achievements
- Contribution to the sociocultural and demographic mix at the respective location.
- High standards of convenience and comfort for users of real estate.
Governance Achievements
- Compliance with the highest sustainability standards in the industry.
- No compliance-related incidents since establishment.
Climate Goals & Targets
Medium-term Goals:
- Achieve a Green Star rating according to the GRESB Benchmark Assessment across the entire portfolio.
Short-term Goals:
- Reduce revenue-adjusted CO2 emissions from operations by at least 3% per year.
Environmental Challenges
- Increased need to collect consumption data due to economic environmental taxes.
- Falling subsidies caused by the switch from a subsidies model to a taxation model.
- More stringent requirements for a transparent supply chain and assessment and audit of partners.
- Increase in greenhouse gas emissions and global warming exceeding the 2-degree target.
- Increase in extreme weather events.
- Shortage of raw materials leading to supply bottlenecks.
- Changes in the needs relating to housing and the working environment.
Mitigation Strategies
- Incorporating economic, environmental and social risks into the risk strategy.
- Focusing on renewable energies and efficiency measures.
- Focusing solely on urban regions and selected agglomerations with good connections to public transport.
- Carrying out a life cycle costs analysis for each project.
- Working with partners committed to sustainability.
- Implementing an environmental concept aimed at minimizing emissions in the supply chain and on construction sites.
Supply Chain Management
Responsible Procurement
- Focus on regionality, quality and sustainability; requiring partners to comply with high sustainability standards.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events (storms, floods, extreme temperatures)
Transition Risks
- Increased environmental taxes
- More stringent regulations for buildings
Opportunities
- Greater incentive for renewable energies and efficiency measures
Reporting Standards
Frameworks Used: GRI Standards (core option), UN Global Compact
UN Sustainable Development Goals
- SDG 11.3
- SDG 11.6
- SDG 12.2
- SDG 12.4
- SDG 12.5
- SDG 13.3
The business strategy addresses issues related to climate change and contributes to achieving the UN Sustainable Development Goals.