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ECHO INVESTMENT

CATEGORY
ESG Real Estate Leader of the Year, CEE
In 2023 the Echo Investment Group announced an ambitious ESG strategy that structures its priorities and actions until 2030. Its main assumptions focus on 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 and procedures 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.
Name of the company
ECHO INVESTMENT
Name of the president or managing director
NIcklas Lindberg
The company ESG reporting mode (short description)
Echo’s 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 the society, taking into account the perspective of its stakeholders. The Company’s Management Board, in particular the CEO and the CFO, are directly involved and responsible for reporting. In 2023, the Group's report was prepared in accordance with the new standard introduced by the CSRD directive.
Green certificates obtained for the investments developed or purchased by your company
BREEAM: Brain Park, 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 in Wrocław, React in Łódź, Brain Park in Cracow.
The company activities in environmental protection
In 2022, Echo conducted its first measurement of carbon footprint in Scopes 1 and 2, which includes direct and indirect emissions. In 2023, the company began measuring emissions in selected categories under Scope 3, which takes into account CO2 emissions across the entire value chain of the Group. Echo is ambitious to ensure that by 2030, all new buildings of the Group will be zero-emission during the operational phase, as well as powered exclusively by renewable energy.
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.
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. Competences and skills of the staff are grown through various development and training tools.
The company website
https://www.echo.com.pl/