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Name of the company
CTP
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Name of the president or managing director
Remon Vos
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The company ESG reporting mode (short description)
CTP is listed in Euronext Amsterdam and all reporting is done on a group level. The company has published its first Sustainability Report aligned with GRI and TCFD in 2023. Currently, CTP is preparing to report in line with CSRD with intent to have first CSRD disclosures already in 2023 Annual Integrated report.
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Green certificates obtained for the investments developed or purchased by your company
CTP certifies all new buildings with the BREEAM certification at the “very good” or higher level and was the first developer in CEE to receive a BREEAM Outstanding certification (CTP achieved 10 BREEAM Outstanding certificates). As a company, CTP participates in GRESB, CDP and EPRA sBPR.
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The company activities in environmental protection
CTP focuses on striving to have a positive impact on the climate. CTP has a “low risk” ESG rating from Sustainalytics, putting it in the top 1.5% companies around the world. CTP is also included in the AEX ESG Index, which includes the 25 companies from the AEX and AMX register with the highest ESG performance. In 2023, CTP received 200 million EUR loan to finance solar energy development program and will support the implementation of CTP’s goal of achieving 400 MWp from solar energy by 2026.
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The company activities in social responsibility
One of the pillars of CTP’s ESG strategy is integrating its business parks into local communities and driving social development and well-being. In particular locations, the company develops Clubhaus modules, which offer spaces intended for use by all tenants and local community such as restaurants, medical points or gyms. CTP also supports local schools and gave possibility to stay in hotels and flats owned by the company during most severe part of Ukraine war.
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The company activities in the corporate governance issue
Every year CTP provides anti-harassment, anti-bribery and code of conduct training to all employees every year. The company conducts vendor compliance due diligence and detailed ESG due diligence of suppliers identified as high risk.
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Why does the company deserve the title of Real Estate Leader in the area of ESG practices
CTP is distinguished by a long-term approach to investments which are built to maintain high quality, robust solutions and materials including energy and water efficiency and limited need of renovation. This ensures high environmental performance. Renewable energy production is the third leg in the CTP’s business, which is supporting energy transformation towards renewables and tenants' climate targets. During 2022 CTP increased its installed PV capacity from 6MWp to 38MWp and established a dedicated energy function at the Group and country levels. The target for 2023 is to have at least an additional 100MWp installed. According to CTP's development model, a long-term approach to the location of parks means being a long-term good neighbour to local municipalities. CTP supports their development. At the same time, long-term location commitment underpins the development opportunities for clubs and flats for employee tenants and people living nearby.
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The company website
https://www.ctp.eu/
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