CSR, at the heart of Covivio's business model
A European sustainable development strategy
The construction industry is undergoing multiple transitions: energy, carbon, environmental, digital, social, societal, and more. As a developer of responsible real estate and a more resilient and sustainable city, Covivio bases its success on a business model that combines high levels of ambition and achievement, both financially and non-financially. Its CSR strategy applies to all of its divisions (Offices, Hotels, Residential) in the various countries where Covivio operates.
Covivio structures its CSR strategy around four focus areas
Sustainable Building: co-construct responsible and efficient real estate from energy, environmental and social standpoints
Sustainable City: encourage eco-responsible practices and innovation in transport, biodiversity and waste management, while acting in partnership with local stakeholders.
Human Capital : enhance employees’ skills and encourage their mobility, diversity, and ability to adapt to the various changes in the sector
These four focus areas have been developed into an action plan for 2020
A European CSR policy recognised by rating agencies and by investors
Covivio’s European sustainable development policy enjoys high ratings from non-financial ratings agencies and strong recognition from investors, as evidenced by the success of the Green Bond issuance in April 2016 and the one of September 2019.