G

Committed to Ethical Conduct and Trust-Based Relationships

Ashtrom Properties is committed to strengthening corporate governance, transparency, and ethical business conduct across all areas of its activity and in all interactions with stakeholders. We believe that strong governance is the foundation for mutual trust, stability, and long-term growth. As part of this commitment, we promote transparent and responsible decision-making and foster an organizational culture based on integrity, respect, and equality. These principles support the development of lasting relationships with customers, employees, business partners, and investors.

0

Material ethics incidents

0

Of employees in Israel signed the Code of Ethics

0

Of key suppliers participated in the ESG assessment

2024 ESG REPORT

Upholding a Strong Ethical Foundation

Ashtrom Properties operates under a binding ethical framework established with the Ashtrom Group management. This includes a detailed Code of Ethics, with disciplinary measures for any violation. The policy outlines clear guidelines on key issues such as anti-bribery and corruption, data protection, employee safety and health, human rights, and fair employment. It reflects the company’s commitment to corporate responsibility, integrity, transparency, and fairness. All executives and employees are expected to maintain high ethical standards in their personal and professional conduct and to act with honesty and accountability toward colleagues, clients, suppliers, the public, and regulatory bodies.

Anti-Bribery and Corruption

Ashtrom Properties is committed to integrity, ethics, and proper governance in all aspects of its operations. The company takes clear measures to prevent bribery and corruption, according to local and international laws and the Ashtrom Group’s guidelines. This includes implementing a Code of Ethics, conducting regular employee training, and establishing oversight and reporting mechanisms for unethical behavior. These principles are an integral part of the company’s business practices, forming the foundation for trust and transparency with clients, partners, and employees.

Environmental Risk and Climate Change Management

At Ashtrom Properties, risk management is a core part of the business strategy. The company focuses on early identification, analysis, and comprehensive preparedness for potential risks, aligned with the Ashtrom Group’s overall policy. Principles of resilience, sustainability, and technological innovation are integrated into planning and construction processes to reduce environmental risks and enhance long-term asset resilience. Climate change, increasingly relevant to the income-generating real estate sector, is also a key component of the company’s strategic planning and risk management efforts.

Information Security and Privacy

Ashtrom Properties considers information security and privacy essential to its responsibility toward stakeholders—employees, customers, tenants, business partners, and suppliers. The company complies with relevant laws and standards, investing in advanced systems to manage data security. Through clear protocols, ongoing employee training, and cutting-edge technologies, Ashtrom Properties aims to ensure maximum protection of sensitive information and prevent unauthorized access.

Driving Sustainable Innovation

Reflecting the company’s diverse operations, innovation at Ashtrom Properties spans the entire value chain—from planning and construction to leasing, sales, asset management, and tenant engagement. Led by the Head of Innovation and ESG, this cross-organizational function identifies needs, uncovers opportunities, and promotes innovative initiatives as an integral part of the company’s strategy and policy.

Responsible Supply Chain Management

Ashtrom Properties is committed to managing its relationships with suppliers and business partners responsibly, ensuring collaboration based on open dialogue and shared social and economic responsibility in line with its vision for sustainable growth. The company takes steps to ensure that service providers operating in its properties uphold human rights principles, including a strict prohibition on child labor and forced labor. This is reinforced through clear contractual requirements, regular oversight by property managers, and periodic ESG compliance questionnaires.