Covivio, an operator committed to its stakeholders, ethics, transparency, and the regions
A strong regional commitment
Covivio, an ethical company, has endeavoured to quantify the socio-economic impact of its France Offices division since 2014, and its Italy Offices division since 2016. In 2017, Covivio accordingly helped support 7,042 full-time jobs. In 2019, Covivio expanded this study to hotels in Europe and to Germany.
Challenging and supporting suppliers through the Covivio CSR policy
Since 2011, Covivio has had a responsible purchasing policy, based on three tools: a Responsible Procurement Charter, CSR clauses included in its contracts, and a survey questionnaire on suppliers’ CSR practices. The Charter permanently covers over 80% of expenses.
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Percentage of positive responses to the CSR questionnaire topics by revenue category
Promoting equal opportunity
Since 2015, Covivio has been committed to the Article 1 Association in skills development and financial sponsorship initiatives, focusing on solidarity and equal opportunity for young students from low-income backgrounds. Internally, Covivio also has several mentors who coach these young people during their university studies. The group also supports the development of student housing.
Biodiversity is a major issue for the entire real estate chain and the construction industry. It is a strong marker of the group’s CSR policy. Covivio is therefore striving to make each of its sites a driver for protecting biodiversity. Covivio has also defined European biodiversity guidelines for its various portfolios to better integrate its sites into their environment.
Mapping of Covivio sites located in or adjacent to a protected area
Loyal, committed, and diverse human capital
As a signatory to the Diversity Charter and the Global Compact, Covivio works hard to attract and develop talent, a factor in the success and durability of its business model.
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Governance founded on ethics and transparency
The Ethics Charter is the common core for each country in terms of regulatory compliance, covering fair competition as well as combating fraud, corruption, and money laundering.
The quality and transparency of Covivio’s financial and non-financial reporting was once again recognised in 2018 at the EPRA Annual Conference