CATEGORY
ESG Real Estate Leader of the Year, CEE
In 2021 DL Invest Group introduced a complex ESG Strategy “DL Green” with a time horizon of 2026. DL Invest Group intends to continue its dynamic growth in the logistics and office real estate segment, with the ambition of doubling the portfolio within the next 3 years. The central measure is for all new buildings to be designed and constructed to meet BREEAM certification requirements. DL Invest Group perceives Green Financial Instrument as significant support for its business goals. The rationale and role of the Green Financing Framework Climate change arguably poses the biggest challenge for the 21st century. As buildings are directly and indirectly responsible for 38% of Poland’s emissions action within this sector weighs heavily. Financing this transition remains of critical importance and a green bond, being directly linked with ambitious standards for new buildings, contributes to realizing the target.
Name of the company
DL Invest Group
Name of the president or managing director
Dominik Leszczyński
The company ESG reporting mode (short description)
To follow best market practices in the evaluation and selection of projects for the Green Financing, DL Invest Group established a Dedicated Sustainability Committee consisting of: • The Chief Financial Officer, • The Chief Operating Officer, • The Leasing Director • and the representatives of the Administration and Billing and the Environmental Protection areas. DL Invest Group will follow the best market practice to report on the Green Financing Framework proceeds use. The Green Financing Framework Report will be published on the company website annually after the Green Instrument issuance or execution. The Green Financing Framework Report will consist of the two following aspects of Green Financing Use of Proceeds: • Allocation Reporting • Impact reporting that will include the following areas: o Green Buildings o Energy Efficiency o Sustainable Water and Wastewater Management
Green certificates obtained for the investments developed or purchased by your company
- BREEAM In Use Excellent – DL Piano office building (12.2021) - BREEAM In Use Excellent – DL Invest Park Psary (logistics centre) (03.2022) Other properties that belong to DL Invest Group are under certification among them: • DL Tower office building • DL Prime office building • and others
The company activities in environmental protection
The site selection process is based on the analysis of environmental and social risks. This includes compliance with existing regulations (e.g. the Environmental Impact Assessment procedure) and other practices making it possible to avoid potential environmental conflicts including the protection of certain species and ecosystems. Except for these measures the site location is partially mitigated with additional measures, exceeding the regulatory requirements, including flower meadows, additional trees, shrubs or pollinator houses, as the priority is to preserve the environmental values of the areas where projects are carried out.
The company activities in social responsibility
Before the investment, a due diligence and consultation process regarding nearby residents is undertaken in order to identify potential and actual risks and needs for each site. During the consultation, all kinds of impacts during construction and resulting from property operations are considered and the local community has a real possibility to influence the investment. Projects are run in partnership with local people and academics, who help to identify conditions and create truly unique habitats for animals and plants in the areas, which directly translates into building additional value for local communities. DL Invest Group runs campaigns raising awareness and promoting proper attitudes in the context of nature conservation and sustainable development. Such actions take the form of workshops and educational materials conducted and prepared in cooperation with recognized academic centres and selected institutions operating in the areas where DL Invest Group conducts its investments. The most current program focuses on creating natural habitats for birds, insects and other animals.
The company activities in the corporate governance issue
Following all related regulations DL Invest Group and its subsidiaries pay high attention to all local legal regulations, demands and best market practices regarding each part of the operations. DL Invest Ethics Code In 2021 DL Invest Group introduced the Ethics Code, covering company principles and business relation standards with employees, clients, investors, suppliers and subcontractors. External industry-specific verification The scope of Environmental Protection is outsourced to an external entity, Investeko S.A., which for several years has supported DL Invest Group in controlling and verifying all issues related to this aspect. Meeting the requirements of the BREEAM certification is verified by Sweco – an independent engineering consultancy in the areas of engineering, environmental technology and architecture. ISO Certification DL Invest Group introduced, in 1Q2022, the international standard ISO 14001:2015 (the Polish standard EN-PN 14001:2015) and critical environmental risks were identified by external auditors. Simultaneously DL Invest Group is actively working on raising environmental awareness of its employers’, with a focus put on the construction department, as the construction process directly impacts the further environmental and climate performance.
The company website
www.dlinvest.pl