The second edition of the COIMA RES Sustainability Report gives a renewed perspective on environmental, social and governance matters, covering the period from the listing of COIMA RES on the Stock Exchange in May 2016 to December 31st, 2017.
We firmly believe that in order to keep up with the latest trends, to remain competitive and to create value for our stakeholders, we must focus on innovation and sustainability. In this spirit, we have contributed towards creating a European Sustainability Think Tank with five other listed real estate companies (alstria, Colonial, Gecina, Great Portland and NSI) with the objective of sharing and drawing from our various experiences in these areas.
Our approach toward sustainability is evident in our portfolio featuring excellent performances, with 74% of our assets having attained LEED certification (or being eligible for LEED certification). Moreover, in order to optimize and fine-tune our tenant relationship activities, we have expanded the use of the Kingsley Index to cover 100% of the portfolio and have increased the part dedicated to sustainability with a view to fostering closer involvement of our tenants in our journey toward reducing the consumption of resources and increasing the level of comfort and wellness within our buildings.
In a market in which tenants’ expectations are changing continuously, COIMA RES has focused particular attention not only on energy and resource savings, but also on the wellness of occupants. The Bonnet project, for example, will be certified through the international protocol WELL Building standard® which analyses and certifies the quality of spaces with regard to the physical, mental and cognitive wellbeing of their occupants.
COIMA RES has in place a transparent corporate governance structure that allows for a high level of control in the management of risks. With the arrival of two new independent directors with international experience in our Board of Directors, we believe that we have succeeded in aligning our governance with the best international practices in the real estate sector.
With regard to investor relations and communication, COIMA RES has put in place an intense program of activities guided by transparency and a proactive communication approach with the market through our participation at international industry conferences and our ongoing involvement of investors and research analysts. We have already achieved solid results in the area of disclosure, having been awarded two Gold Awards by EPRA for our first Sustainability Report and for our Annual Report (2016).
Transforming real estate management into a tool to enable sustainable economic growth for Italy is one of our key overarching ambitions and goals. We interpret this responsibility as our way of contributing toward a broader plan, which we look forward to sharing with all of our stakeholders. Our objective going forward is to publish, already starting from next year, a single integrated document that illustrates how we create economic and social value.
Founder & CEO COIMA RES