Our Commitment to Sustainability Is a Journey of Growth, Learning, and Impact

Ashtrom Properties operates with a long-term vision and a deep sense of responsibility toward future generations, implementing a holistic sustainability strategy that aims to create lasting value while minimizing environmental impact and maximizing social contribution. Our commitment to sustainability is reflected at every stage—from the planning and construction of energy-efficient buildings, to the improvement of property management and maintenance processes, the enhancement of sustainability performance in existing assets, and the ongoing, transparent dialogue we maintain with our stakeholders. 

This first ESG report marks an important milestone in our journey and highlights the progress we’ve made so far.

Sustainability by Numbers

0

green building certifications

0

women in middle and senior management positions

0

women in the overall workforce

0

of key suppliers participated in ESG assessment

~ 30%

of electricity is purchased from renewable energy sources

0

solar energy systems installed across properties

*For the 12-month period ending 31.12.24

Dedicated to our ESG Strategy & Goals

E

Sustainable Environment

By 2050

100% Green certification for assets and products

By 2050

Net Zero Carbon Neutrality

By 2040

50% Reduction in greenhouse gas emissions in Scopes 1 and 2

By 2035

20% of all private vehicles will be hybrid, plug-in, electric, or powered by alternative propulsion technologies

By 2040

30% of all private vehicles will be hybrid, plug-in, electric, or powered by alternative propulsion technologies.

By 2040

75% of the electricity consumption in our income-generating properties under our control and management comes from renewable energy sources.

S

Safe & Healthy Environment

By 2030

30% of women in senior and middle management positions (updated target, following the achievement of the previous goal)

By 2030

At least 4% of employees with disabilities are in the workforce at Ashtrom Group headquarters

By 2030

At least 0.5% of net profit before tax contributed to the community*

By 2030

Expand employee involvement in regular and ongoing volunteering activities

By 2030

Achieve a TRIR (Total Recordable Incident Rate) of 1

By 2030

* Calculated from the previous year’s net before tax, excluding one-time profits.

G

Ethical Business Environment

By 2035

0 Ethical incidents

By 2040

100% ESG assessment of material suppliers

By 2040

100% implementation of the Code of Ethics among key suppliers and business partners

By 2050

Net-zero emissions for material suppliers

E

Creating a Sustainable Environment

The construction and real estate sectors account for over 42% of the world’s annual energy consumption and use approximately 40% of global raw materials. This statistic is particularly concerning in light of population growth, increased life expectancy, and rapid urbanization. At Ashtrom Group, we are committed to aligning with the global effort to reduce carbon footprints. We achieve this by planning, building, and managing environmentally friendly properties, as well as investing in projects that reduce emissions, promote renewable energy, and incorporate the latest technologies in sustainability.

S

Fostering a Healthy and Safe Community Environment

Our values and employees are the foundation of our pride and strength, essential to our ongoing success. At Ashtrom Group, we prioritize fair employment that emphasizes the health, well-being, training, and empowerment of our workforce. We are committed to promoting equality, diversity, and inclusion within our organization and extend this commitment to our business partners and suppliers.

G

Promoting an Ethical Business Environment

Ashtrom Group is committed to conducting business ethically and fairly, fully complying with the law. We believe that maintaining high ethical standards is essential for earning the trust of our customers, business partners, suppliers, employees, and stakeholders. This dedication is central to the group’s foundation and long-term success.