Corporate social responsibility

Strategy

As the building sector responsible for 39% of global carbon emissions, the role of real estate in the climate transition is crucial and highly urgent.

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 supported by strong ESG governance with an ESG committee composed of experts and consultants specialized in ESG, 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 and Principles for Responsible Investment (UN PRI) as part of our ongoing efforts to promote sustainable investment throughout the Group.