NEINVER reduces CO2 emissions by 13.6 percent across its European portfolio – EuropaProperty

NEINVER, a company specialised in investment, development and management of property assets, the largest operator of outlet centres in Spain and Poland, reduced CO2 emissions at all the centres it manages in Europe by 13.6 percent in the last financial year.

The company achieved an 80 percent cumulative reduction of CO2 emissions in the last three years by acquiring renewable energy. Notably, Roppenheim The Style Outlets, which NEINVER operates in France, has had zero emissions for the second year in a row.

The company also decreased energy consumption by 5.5 percent over the last year by implementing energy-saving measures such as installing LED lamps and automatic lighting-control systems in the centres it manages. The countries with the strongest reductions were Italy and Poland, with decreases of 8.5 percent and 8.3 percent respectively. Overall, NEINVER has successfully cut its energy consumption by 50 percent over the last three years.

Waste management improved by 2 percent compared to the previous year. NEINVER managed 4,300 tonnes of waste in 2017, and now sends 50 percent of it to recycling plants for processing and reuse as new materials.

Despite increased foot traffic at the centres, water consumption remained flat thanks to the installation of monitored meters and implementation of new protocols to check installations. The biggest decrease in water consumption occurred at the centres in Spain, with a 12 percent reduction.

Consistent with its commitment to sustainability, and to add value to assets through environmental standards and energy efficiency, NEINVER develops all its centres in accordance with BREEAM New Construction standards, and in the second year of managing a property, the company begins the BREEAM In-Use certification process. In 2016 and 2017, the company completed BREEAM In-Use recertification of all the centres it manages in Europe, with improved scores at 92 percent of them.