Environment

Driving environmental progress across our portfolio, one property at a time

At Aroundtown, sustainability is more than a goal - it’s a core part of how we operate. Our strategy focuses on reducing carbon emissions and fostering resilient communities, with energy efficiency as a key driver of long-term financial stability. This includes:

•    Transitioning to green energy sources
•    Upgrading properties to higher efficiency standards
•    Pursuing environmental goals such as minimizing waste and water consumption

Through targeted upgrades and innovative energy solutions, we reduce our footprint while strengthening the performance and resilience of our portfolio.

Climate change mitigation is a material topic and a strategic priority for Aroundtown. With buildings and construction accounting for nearly 40% of global emissions, the real estate sector plays a critical role in the transition to a low-carbon economy.

Our Climate Transition Plan targets a 40% reduction in CO₂ emissions intensity by 2030, (vs. 2019 baseline). We prioritize our least energy-efficient assets, identified through energy audits and analysis of regulatory exposure. These help us to assess energy-saving potential and implementation costs, guiding the selection of the most effective decarbonization measures for each property.

We continuously refine our plan based on insights from ongoing audits and pilot projects, ensuring it remains accurate, actionable, and forward-looking.

Through this structured approach, Aroundtown advances portfolio decarbonization, strengthens asset resilience, and creates long-term value for investors, tenants, and communities.

Aroundtown recognizes the growing importance of identifying and managing climate-related physical risks. While climate adaptation is not currently a material topic, it remains a strategic focus.

We have enhanced our climate risk and vulnerability assessments, shifting from city-level analyses to asset-level screenings. This allows us to identify properties that may be exposed to flooding, extreme heat or other hazards, and plan targeted resilience measures. Assets with higher exposure undergo in-depth evaluation to determine their adaptive capacity and prioritize mitigation actions. Insights from these assessments guide our investment and asset management decisions.

As climate risks evolve, Aroundtown continues to strengthen portfolio resilience, ensuring assets remain safe, compliant, and future-ready.

Although biodiversity and ecosystems were not identified as material in our latest assessment, Aroundtown recognizes their importance and actively promotes nature within its urban portfolio.

Our Biodiversity Commitment (please refer to the Sustainability Governance page) focuses on expanding urban green spaces, nature-based solutions, and supporting sustainable development. Key initiatives include biodiversity enhancement projects, tree planting, and the “Aroundtown Buzzes” beekeeping program, supported by regular ecological assessments and community engagement.

The “Aroundtown Buzzes” program supports urban bee populations by maintaining colonies across city locations in cooperation with external partners. Further information is available here.