Eurobuild Awards

CPI Property Group

CATEGORY
ESG Real Estate Leader of the Year, CEE
During our group's rapid transformation, we've not only set ESG goals but also actively promote and integrate them into our daily operations. Our employees and partners are fully aware of our commitment to these crucial objectives and recognize their significance. Our CDP score has risen to B, Sustainalytics rating stands at 12.6/100, and MSCI rating has reached BBB. In 2022, the Group further reinforced its environmental targets to align with the Paris Agreement's climate goals, aiming for a well-below 2°C trajectory. These targets received validation from the Science-Based Target initiative in July 2022, making CPIPG among the early adopters in the region with SBTi-validated targets. The Group has been a pioneer in introducing several financial products in our markets. These include Green bonds in 2019, Sustainability-linked bonds in 2022, and Sustainability-linked loans in 2023. We integrate our business with dedication to caring for our stakeholders, the environment and governance.
Name of the company
CPI Property Group
Name of the president or managing director
Martin Nemecek
The company ESG reporting mode (short description)
CPIPG reports real data, continually expanding its range of indicators, and sets achievable goals that are monitored and adjusted. Reporting is integrated into Annual Management Report since 2019. It adheres to global standards: ISO 14064-1:2018, GHG Protocol, EPRA, and ICMA. Collaboration with the University Centre for Energy Efficiency Buildings ensures the accuracy of GHG and Green Bond reports. In 2023, the group initiated joint reporting for three portfolios: CPIPG, Immofinanz, and s IMMO.
Green certificates obtained for the investments developed or purchased by your company
2023: Warsaw: BREEAM in-Use for Chalubinskiego 8, Equator I, Moniuszki 1A, Central Tower
2023: Prague: BREEAM in-Use for Luxemburg Plaza
2023: Zagreb Tower in Croatia, BREEAM in-Use
2023: myhive am Wienerberg WBS 7 in Austria - BREEAM In-Use
The company activities in environmental protection
environmental goals:
· 32.4% reduction in GHG emissions intensity/sq m of our property portfolio by 2030 vs 2019, encompassing all emissions scopes 1-3, including bioenergy
· transition all our purchased electricity to originate from 100% renewable sources by 2024.
· 10% reduction in energy and water intensities by 2030 vs. 2019, alongside waste reduction initiatives.
We completed 117 ESG-related projects, aimed at achieving set objectives. Inv value exceeded 15 milion eur.
The company activities in social responsibility
In our offices, we run the OfficeME and myhive programs, dedicated to promoting the well-being of building users, including our employees. Collaborating with our tenants, we execute 100-150 such initiatives annually. In the retail sector, we also drive initiatives that support the development of local communities, encompassing culture, art, and education. Across all domains, we support our employees, prioritizing their development and well-being. We certify buildings with WELL, Access4you, other
The company activities in the corporate governance issue
The Group's Code of Ethics, established in 2019, along with our Group policies, establishes fundamental conduct standards for all employees and agents. The Group adheres to the X Principles of Governance as published by the Luxembourg Stock Exchange and is listed on the Frankfurt Stock Exchange. Substantial enhancements have been implemented since 2019 to enhance Board independence and internal policies continually. The remuneration of the Management Board is tied to ESG performance.
The company website
Www.cpipg.com