Sustainability
Aroundtown’s Sustainable Business Strategy is guided by our dedication to operating responsibly, creating value for our stakeholders, and improving the environmental and social performance of our assets.
Our approach, and success, is underpinned by a set of comprehensive long-term targets which aim to deliver tangible benefits for our stakeholders; our investors, tenants, building users, local communities, and employees.
We provide an account of our performance against these long–term targets in our annual sustainability reporting. We publish a suite of reports that align with mandatory reporting requirements and international best practice standards including the EPRA Sustainability Best Practice Recommendations (sBPR) and the GRI.
A message from our Board of Directors
Frank Roseen
Director
A primary goal of our business strategy is to extract value from existing properties by implementing refurbishments and upgrades. Through our asset repositioning and management approach, we support the transition to a low-carbon and resource-efficient economy, provide much needed high-quality accommodation for businesses and people, and revitalise the existing built environment.
Our sustainability activities, organised across five focus areas, help us to attract and retain tenants and investors; reduce both landlord and occupiers’ operating costs and sustain the long-term value of our assets.
Across all stages of our business, we recognise the importance of the quality and competence of our employees in determining company performance. We support staff to develop specialist skills and expertise and aim to provide a work environment that reinforces high levels of motivation, fosters diversity and promotes health and wellbeing.
Aroundtown has set itself multiple long-term targets in various ESG focus areas, which can be accessed here: ESG Long-Term Targets.
Consolidated Sustainability Statement
Aroundtown’s 2024 Consolidated Sustainability Statement is integrated into the 2024 Consolidated Annual Report. In line with the Corporate Sustainability Reporting Directive (CSRD), the Group reports on general disclosures and its material topics following the European Sustainability Reporting Standards (ESRS) across the following standards:
Environment
- Climate Change
- Pollution
Social
- Own Workforce
- Workers in the Value Chain
- Consumers and End-users
Governance
- Business Conduct
Sustainability In-Focus
Aroundtown presents the 2024 Sustainability In-Focus Report – an executive summary-style report that complements the Consolidated Sustainability Statement by providing updates on key ESG priorities, as well as on non-material topics that remain relevant to our sustainability agenda and stakeholder expectations.
Reporting frameworks and indices
To demonstrate our commitment to best practice, we align our reporting with international standards including the EPRA Sustainability Best Practice Recommendations (sBPR), the Sustainability Accounting Standards Board (SASB) standards for the real estate sector and the ‘Core’ in accordance with requirements of the GRI Standards.
Aroundtown’s SASB Mapping 2023
We also provide a summary of how we support the United Nations Sustainable Development Goals (UN SDGs). Our SDG index summarises how we contribute to Goals 3, 4, 5, 7, 9, 10, 11, 13, 16 and 17.
Awards and recognition
AT-In Focus FY2023We have been recognised with numerous external awards for our sustainability achievements. A selection of the most recent awards we have received can be found under the Awards section of the website. Furthermore, Aroundtown is a component of several leading ESG indices, such as the DJSI Europe, MDAX ESG+ and GPR Top 100 ESG. An overview of leading indices in which Aroundtown is included can be found under the Share section.
