sustainability

The sustainability policy defines Akelius’ commitment to improving its sustainability performance.

The sustainability policy is aligned with the company's Code of conduct following the principles

respect the rule of law and act in accordance with regulation
conduct business with honor and integrity
respect human rights

The sustainability management of the company is based on four layers

policies
targets
business plans
results

The double materiality analysis determines importance and impact.
The sustainability targets divides the company’s sustainability work into four pillars.

The pillars are

environmental
staff
society and tenants
governance

constantly improving

Akelius strives to constantly improve its sustainability performance.

Sustainability should be implemented in all business decisions and processes,
including acquisition, operations, sales, financing, tax, and all trainings.

Akelius

commits to reporting according to CSRD, EPRA Sustainability Guidelines, GRI Global Reporting Initiatives, and TCFD recommendations
contributes to the United Nations Sustainable Development Goals
shall be a signatory of the United Nations Global Compact
shall be climate neutral by 2050

responsibilities

CEO owns the policy

The CEO owns the sustainability and related policies.

detailed policies

sustainability policy

anti-corruption policy

code of conduct

supplier code of conduct

whistleblower policy

staff diversity and equality policy

political involvement policy

health and safety policy

sustainable work environment policy

energy management policy

freedom of association policy

green house gas emissions reduction policy

green procurement policy

responsible investment policy

management develops the strategy

The CEO and the Business Development unit are responsible for the sustainability strategy development.

operations implement the strategy

All heads of regions, cities, and departments are responsible for

implementing and communicating the sustainability policy
ensuring compliance with the sustainability policy
reaching the regions', cities', and departments' sustainability targets

all staff are responsible for sustainability

Each employee is responsible for

reading and understanding the policy
implementing their work into action plans to achieve the sustainability targets
reporting any behavior inconsistent with this policy

the Board approves and reviews the policy

The Board of Directors reviews and approves the sustainability policy and the targets annually.
Management continuously evaluates the progress of the targets.
The CEO and representatives from the Business Development unit meet regularly to analyze and monitor the sustainability efforts.

reports

The sustainability report is integrated into the annual report from 2021 onwards.

link to the annual reports

UN Global Compact communication on progress

Akelius has reaffirmed its support of the Ten Principles of the United Nations Global Compact,
Akelius participation started back in March 2021.
Find the letter of commitment here.
Find the statement here.

targets

environmental

reduce energy intensity by two percent, annually
ensure portfolio energy intensity below 95 kWh per sqm by end of 2030
have fifty percent of portfolio's floor area green certified by independently recognized organizations by end of 2030
become climate neutral by end of 2050

social

staff's health and safety

aim for employee zero lost day rate
aim for zero injuries at work rate
aim for zero fatalities

tenants' health and safety

have all properties inspected annually
reduce property compliance incidents in each city by ten percent, annually
have fifty percent of properties green certified by 2023

governance

aim for zero cases of corruption
achieve one hundred percent training participation on Code of Conduct and anti-corruption

Find the sustainability targets here.