Eco-construction: a priority for Covivio
Toward 100% certified buildings
Covivio has set itself ambitious targets for the certification (HQE, BREEAM, LEED) of its portfolio (100% green properties by end-2020 for France Offices, 80% at end-2022 for Italy, and 66% for hotels in Europe by 2020). Following the Purpose’s expression, the targets have been reinforced : 100% of Covivio’s portfolio will have to be certified by 2025.
On every site, Covivio is optimising energy performance and reducing CO2 emissions by using a strong works policy and increasing the awareness of the various agents in the chain at every phase in the property’s life cycle: development, management, and renovation.
With its eco-construction approach, Covivio is co-building a more resilient, more inclusive city by working to combat climate change and urban sprawl, favouring the circular economy, and placing people at the centre of every project.
Evolution of the greening rates of the different portfolios (at 31/12/2020 in Group share value) – France
Evolution of the greening rates of the different portfolios (at 31/12/2020 in Group share value) – Italy
Evolution of the greening rates of the different portfolios (at 31/12/2020 in Group share value) – Europe hotels
Ambitious strategy to fight climate change
In 2017-2018, Covivio verified that its 2030 European carbon trajectory was compatible with that of the Paris Agreement of December 2015. Created with the French Scientific and Technical Centre for the Construction Industry (CSTB), and based on a firm scientific footing, this trajectory involves Covivio’s different products in Europe (offices, hotels, residential) and was approved by the SBT (Science-Based Targets) initiative in 2018.
Aware of the climate imperative and thanks to its experience in this area, Covivio is currently working on revising its objectives and continuing to experiment on its portfolio to remain a pioneer in low-carbon construction. In 2020, the Group also continued its alignment with the recommendations of the TCFD (Task Force on Climate-Related Financial Disclosures) and mandated several organizations to carry out resilience studies in order to determine the potential impacts of climate change on its assets
Covivio is also a pioneer in Building Information Modelling (BIM). In addition to the improvement in the operational management of properties, this tool promotes the circular economyby organizing the traceability of materials so they may be reused.
Several Covivio operations are benefiting or will be benefiting from this innovative technology: Campus Pierre Berger (Eiffage) and Hélios (Thales) in Velizy-Villacoublay both received a “Golden BIM” award, one in 2014 and the other in 2016.
2030 Trajectory of average carbon weight per m²