Yareal has been implementing environmental, social, and corporate governance (ESG) standards. Incorporating a systematic approach to its sustainable development will make it easier for the company to undertake further ESG activities as it grows. A rising number of companies are drafting sustainable development strategies in line with ESG pillars, making this a common practice that’s used for verifying a business’s impact on its surroundings.
Designing green investments that are in line with 15-Minute City urban planning concepts, energy efficiency, ethical business practices, maintaining good relations with business partners, and safety as a priority at construction sites – these are just some of the factors that Yareal has implemented in its development strategy. The company is focused on organizing its current activities within the structured ESG (environmental, social, governance) model in order to strengthen its commitment to sustainable development even further in the coming years.
“We are installing solar power plants on the roofs of our housing estates, our office projects help tenants reduce their carbon footprint, and nearly 50 of our office and residential buildings have been certified under the BREEAM green building system. Every year, Yareal has raised the bar higher and higher, even in terms of cooperating with our business partners, and also by ensuring fair and optimal working conditions for our teams and our associates. We would like for each of our stakeholders to be able to take a closer look at the results of our efforts,” said Yareal President, Eric Dapoigny.
Yareal is a market leader in terms of the number of BREEAM certified real estate investments in Poland. BREEAM certification confirms the fulfilment of stringent requirements in 10 fields, including such areas as energy efficiency and environmental impact, sustainable purchasing from verified suppliers, as well as water and waste management. For years, Yareal has been perfecting how to optimally utilize raw materials and waste – both at its construction sites and in solutions implemented at its office projects, and most recently in the field of waste recycling. For example, several hundred tons of recycled aluminium were used for the façades of the company’s flagship office investment, LIXA. Moreover, upcycled propellers from decommissioned wind turbines will be used in the construction of one of the company’s housing estates in Warsaw.
“Like other leaders in sustainable development, we are implementing a comprehensive ESG program that will allow us to track and confirm the implementation of a number of solutions that our customers and partners expect of us. We want to present all of our partners with the effects of our active engagement in a number of global challenges, including fighting climate change ensuring a diverse and open work culture, or advocating ethical and transparent business practices” – adds Yareal’s Vice President, Jacek Zengteler.
ESG strategy will cover all areas of Yareal’s operations, from design through construction, as well as maintenance of already commissioned projects. Although ESG-related factors in Yareal’s investments have long been verified by independent assessors under BREEAM certification, Yareal will now expand its oversight to other areas of the company’s operations.
