Materiality

The concept of materiality expresses the importance and meaningfulness of an issue from both an internal (company) and external (stakeholder) perspective. In 2016, COIMA RES started the process of defining its material issues, paying close attention to its management’s viewpoint. In 2018, it updated its materiality analysis, by examining in greater detail the relevant context and the main external and public opinion pressures exerted on the company (by analyzing web-based press reviews available).

The outcome of the analysis is set out in the following table, which highlights the main issues given top priority by COIMA RES management and its stakeholders.

Material Aspect Perception COIMA RES approach
TRASPARENCY
ON GOVERNANCE
Ensuring transparency in corporate management is an essential element in the current market context and in the relationship with investors. COIMA RES has a transparent corporate governance structure that ensures a high level of risk management control.
CERTIFICATIONS OF
BUILDINGS AND
EFFICIENT USE OF
RESOURCES
Growing attention towards the energetic and environmental performance of the buildings and the request for certification to guarantee the approach followed. The investment strategy of COIMA RES aims to create a high quality real estate portfolio, with high environmental performances and certified according to the main industry standards.
TENANTS’
SATISFACTION AND
QUALITY SERVICES
In the relationship with the tenants, the issue of occupant welfare is increasingly central, understood both as quality of life and as a guarantee of a healthy workplace that improves productivity. COIMA RES applies the Kingsley Index to monitor the degree of satisfaction of its tenants and to identify the areas in which it is necessary to intervene to improve the wellbeing of the tenants.
RESPONSIBLE
INVESTING
In recent years, investors have been more inclined to integrate ESG criteria into the various investment strategies. COIMA RES considers strategic the integration of “best practices” in its investment strategy. Evaluating the Environmental aspects of development and management right from the Due Diligence phases, the social aspects of all the stakeholders and their own “governance”.
STAKEHOLDER
ENGAGEMENT
The implementation of a sustainable business model goes beyond the internal business model and implies the increasingly strong involvement of all stakeholders. COIMA RES has set up an intense communication activity with all its stakeholders, oriented towards transparency and listening to specific needs.