Nrep implements its mission of solving real problems and driving lasting change in the industry. For over a decade, the company has invested with determination and in partnership, ensuring that its capital aligns with its investment goals rather than merely generating profits. Nrep focuses on three pillars: large-scale decarbonization, investments in properties that meet diverse stakeholder needs, and local collaboration. Leveraging knowledge from Nordic countries, Nrep implements ambitious, innovative projects in Poland and manages platforms in the logistics and living sectors that utilize low-emission building materials and geothermal heating to reduce carbon footprints. Additionally, Nrep holds an 80% stake in 7R, a Polish commercial real estate developer that utilizes green bonds as a means of financing its projects. These green bonds are used to fund sustainability-related initiatives, such as energy-efficient buildings and other eco-friendly projects.
Name of the company
NREP
Name of the president or managing director
Maciej Piotrowicz, Head of Poland
The company ESG reporting mode (short description)
Nrep is committed to sustainability and responsible investing in real estate, integrating ESG principles into its core strategy.The company focuses on reducing its carbon footprint through energy-efficient designs and sustainable building practices.Nrep prioritizes social impact by creating inclusive communities and investing in local initiatives while emphasizing transparency and strong governance by aligning its objectives with stakeholder interests and providing updates on its ESG performance
Green certificates obtained for the investments developed or purchased by your company
Lett Markowska (stage 1) – BREEAM Very Good – 11.03.2024
Lett Markowska (stage 2) - BREEM Very Good – 20.04.2024
All forward transactions within NSF V are subject to green certification. The remaining investments are currently under construction and will obtain certification upon completion.
The company activities in environmental protection
Nrep prioritizes sustainable building practices by utilizing low-emission steel and concrete, and implementing energy-efficient designs that include heat pumps, geothermal heating, and PV panels. Company invests in smart technologies to optimize energy consumption and further minimize greenhouse gas emissions. Nrep collaborates with Science Based Targets, joining 15global companies to test new guidelines for establishing and verifying science-based pathways for reducing greenhouse gas emissions.
The company activities in social responsibility
Nrep actively engages in social responsibility through regional teams equipped with unique knowledge of local needs, stakeholders, and environments. By adopting a holistic approach, the company considers all aspects specific to each region. To maximize its impact, Nrep collaborates with partners who share a similar vision for the future. This collective effort allows Nrep to address social challenges effectively and contribute positively to the communities it serves.
The company activities in the corporate governance issue
Nrep is implementing innovative solutions in the field of corporate governance. A notable example is in 7R, where they have introduced a Co-CEO structure. This setup allows two leaders, each with different skills, to run the organization effectively. In addition, Nrep pays considerable attention to promoting diversity and inclusion in its governance structure. As evidence of this commitment, its team in Poland has an equal number of male and female members.
