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Name of the company
Echo Investment
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Name of the president or managing director
Nicklas Lindberg
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The company ESG reporting mode (short description)
Echo Investment’s annual ESG reports are prepared in accordance with GRI Standards. Each report shows key metrics to better understand how the Group manages its impact on the environment and society, taking into account the perspective of its stakeholders. Individual stages of each report are consulted and approved by the Company’s Management Board, in particular the CEO and the CFO, who are directly responsible for reporting.
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Green certificates obtained for the investments developed or purchased by your company
22/23
BREEAM: Brain Park B, Cracow (Excellent), Fuzja I & J, Łódź (Very Good), Moje Miejsce II, Warsaw (Very Good), Villa Offices, Warsaw Breweries (Excellent), Face2Face Business Campus, Katowice (Excellent). WELL Health & Safety: West 4 Business Hub (Wrocław), React (Łódź), Brain Park (Cracow) |
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The company activities in environmental protection
Key elements of the Group’s environmental policy:
• Promoting energy efficiency and reducing CO2 emissions • Recycle & Reuse policy • Safe waste disposal (2022: 77% of waste was segregated on construction sites). • Supporting biodiversity, preserving the existing and introducing new greenery (parks, green roofs and walls) • Lowering water consumption • Supporting environmental and urban planning initiatives (World Clean-up Day, “Schools for the climate”, “Patchwork Łódź”). |
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The company activities in social responsibility
Echo Investment responds to the needs of cities and their inhabitants. Recent examples: complex renovation of road infrastructures adjacent to the projects in Warsaw, Poznań, Kraków and Wrocław; co-financing of a fencing hall in Warsaw’s Ursynów district; establishing flower meadows in several Polish cities. The Group’s projects developed in line with the Housing Special Act are subject to wide social dialogue. Nearly PLN 2m (2022) was donated to non-profit organizations and charities.
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The company activities in the corporate governance issue
Policies regulating ethics and responsibility within the Group include: Code of Conduct, Whistleblowing Procedure, Anti-Corruption Code, Sponsorship & Donations Policy, Recruitment & Employment Procedure, Health & Safety Requirements.
The Group provides equal rights and opportunities for everyone, regardless of race, gender, nationality, religion or ethnicity. Competencies and skills of the staff are grown through various development tools – employees spent 9,801 training hours in 2022. |
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Why does the company deserve the title of Real Estate Leader in the area of ESG practices
In 2023 the Echo Investment Group announced an ambitious ESG strategy that structures its priorities and actions until 2030. Its main assumptions are: limiting the carbon footprint, improving the energy efficiency of buildings, minimizing their impact on the environment; promoting biodiversity, as well as strengthening the corporate culture. Priorities for the current year include: further unification of systems, procedures and measures used both in Echo Investment and Archicom, as well as a strategic review of development procedures in order to optimize the projects' carbon footprint and energy efficiency.
Echo Investment projects, especially large-scale “destinations” located in major Polish cities (such as Warsaw Breweries, Fuzja in Łódź or Towarowa 22 in Warsaw), open up inaccessible, degraded downtown areas and complement them with missing functions. They are created in accordance with the latest global trends in urban planning: ecology, sharing economy and public accessibility. |
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The company website
https://www.echo.com.pl/
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