A multi-country and multi-product CSR action plan
Covivio’s sustainable development strategy covers all its activities in Europe and all levels of the company. Built on the experience of analysing its material issues and CSR risks, this strategy sets out an action plan that echoes Covivio’s mission statement.
The complete action plan is included in the Universal Registration Document 2021.
Update the portfolio to include changes that affect sustainable buildings,
uses and health
Hold 100% green assets
Covivio is committed to certifying all its operating and/or built assets according to recognised standards (such as HQE, BREEAM or LEED).
(compared with 88.1% at end-2020)
(compared with 99% at end-2020)
(compared with 88.7% at end-2020)
(compared with 72.5% at end-2020)
Develop and refurbish 100% of green assets
Since 2015, Covivio has undertaken to certify its assets under development or renovation according to the highest standards.
Reduce the energy consumption of the portfolio
Since 2010, Covivio has set itself targets for reducing the energy consumption of buildings. To maintain this progress, the Group is targeting a 20% reduction across all its assets by 2030 compared with 2019.
i.e. a 14% reduction by end-2021
Commit to the low-carbon transition
In 2021, Covivio set even more ambitious targets with a new carbon trajectory, now aligned with a 1.5°C scenario (Scopes 1 and 2) and well-below 2°C scenario (Scope 3). The Group is aiming to reduce its carbon intensity by 40% (all activities, including developments) by 2030 compared with 2010.
Build a smarter, more inclusive and sustainable city
Turn each site into a biodiversity driver
Having mapped biodiversity impacts since 2017, Covivio is now committed to defining more granular biodiversity metrics, particularly for its development projects. The Group has set new goals as part of its commitment to Act4Nature.
Pilot scheme for a biodiversity net gain calculation at a development in Montpellier
Holding assets accessible by public transport
Our goal is for 100% of our buildings to be less than 10 minutes’ walk from a form of public transport. For its offices, Covivio is also aiming for 100% of assets to be less than 5 minutes’ walk from a train station.
Develop, diversify and retain human capital
Covivio is committed to developing its talent and aims to train at least 50% of its employees each year.
Measure the well-being of employees
Launched in France in 2016, Covivio is committed to conducting a Europe-wide engagement survey every two years.
Guarantee ethical practices
Disseminate and share ethics best practices with all employees
Covivio is committed to training all its employees on the principles of its code of ethics, which is binding on all staff.
Conduct effective governance
Target 60% independent directors and 40% female Board members.