Corporate social responsibility

Strategy

As the construction sector is responsible for 39 % of carbon emissions on a global scale, the role of real estate in the climate transition is crucial and takes on real urgency.

After careful consideration of the importance and necessity of a responsible approach as a 360° player in the real estate sector, PAREF Group has implemented the "Create MORE" strategy, an ESG strategy that is fully in line with the Group's vision that supports its sustainable growth and value creation for clients, shareholders and stakeholders. Therefore, the Group integrates ESG criteria in all its decision-making processes.

PAREF Group's slogan 'More than Real-Estate' reflects a desire to go beyond the call of duty by doing more, in order to better serve its clients, shareholders and the community, through being a responsible and committed player.

“Create More” has three pillars:

This strategy is based on solid ESG governance, an ESG committee made up of experts and consultants specializing in CSR, sustainable finance and real estate. Thus, the Group contributes to 12 of the 17 Sustainable Development Goals (SDGs) set by the United Nations.

PAREF is a signatory to the United Nations Global Compact initiatives and the Principles for Responsible Investment (PRI) as part of our ongoing efforts to foster sustainable investment across the Group.