ESG criteria correspond to the acronym of Environment, Social Yes Governance and refer to the sustainability of the business, measuring whether it conducts its business taking into account environmental, social and corporate governance factors.
In these aspects, the real estate company Habitat stands out as the third best ESG performance within the global ranking, the first unlisted and the second including national listed, in the Property Development sub-category of Sustainalytics.
For this classification, aspects such as product sustainability, social and community initiatives, good corporate governance, equal opportunities and talent development, waste management and anti-corruption policies have been taken. into account. These are factors in which Habitat Inmobiliaria stands out, since it is positioned in the 3% of companies with a “low risk” ratingin its first appearance in the rankings, compared to the almost 15,000 companies analyzed by Sustainalytics.
“Achieving this classification undoubtedly represents enormous satisfaction and success for all of us who are part of Habitat Inmobiliaria, thus becoming the first non-listed developer in the national field in terms of ESG and the third in the world. our commitment, work and effort are reflected in this recognition. From today, it will be one more motivation to continue strengthening our commitment to sustainability,” he said. José Carlos Saz, CEO of Habitat Real Estate.
Sustainability Strategic Plan
Habitat has achieved these excellent results thanks to its Strategic Sustainability Plan 2022-2030which establishes the company’s ESG commitments and objectives and how these are articulated through its Neo, Rumbo, Cuida y Actúa programs.
This plan revolves around four fundamental axes. To contribute to the first of them, the environment, the company has a Environmental Management System certified by AENOR (ISO-14.001), which is part of its commitment to sustainability and the circular economy. Likewise, it is governed by its own green guide and product manual and has implemented pioneering initiatives such as the valuation of more than 80% of waste generated in their works, their project forest habitat a carbon footprint offset or a sustainable mobility plan for employees.
Around the second axis, good governance, Habitat has the Habitat initiative based on the definition of two specific governance bodies in terms of ESG: its ESG Committee and its Compliance, which have detailed controls for monitoring ESG risks. In turn, the company joined the United Nations Global Compact. This plan includes quarterly disclosure of the company’s ESG performance for the year 2030.
Similarly, to ensure good performance vis-à-vis its workers and customers, under the third axis, that of people, the promoter has developed live togetheran analysis for define the houses of the future according to new needs. In this sense, it includes Space certificationwhich certifies its promotions as safe and healthy and which guarantees its owners optimal conditions of well-being, including tailor-made customization of accommodation for people with disabilities.
Finally, the social axis uses criteria of Social value measure and improve its impact on society, as well as reduce the accident rate on construction sites, with the ambitious objective of becoming a 50% below industry averager. The company also participates in various activities organized by NGOs and through financial and material donations.
“This plan is born from the renewal and natural evolution of the sustainability strategy that we have been promoting since 2019, with the aim of integrating the best practices and trends in the sector in this area, thus reinforcing our strong commitment to the sustainable development .sustainability” underlined José Carlos Saz, CEO of Habitat Real Estate.
MANUFACTURED BY ECO-BRANDS
This content was produced by EcoBrands, Branded Content unit of the Economist.