Environmental Data Report 2023
Contents
Contents
Our CSR goals
Tackling climate change
Portfolio performance
Corporate performance
Appendix
- Our CSR goals
- Tackling climate change
- Minimising the impact of climate change on our portfolio
- Reducing our impact on climate change
- Net zero GHG pathway
- Building assessment framework
- Portfolio performance
- Monitoring consumption data
- Energy consumption
- Renewable energy
- Water performance
- Waste performance
- Improving building certificates
10 Corporate performance
10 Reducing our carbon impact
10 Climate neutral
corporate carbon footprint
11 Appendix
11 Environmental performance
11 Aedifica total portfolio (scope 3 downstream)
13 Aedifica corporate footprint
15 Reporting parameters
15 Organisational boundaries
- Data collection
- Coverage
15 Boundaries - reporting on landlord and tenant consumption
- Normalisation
- GHG calculation
- Emissions factors
- External verification statement
- EPRA sBPR content table
- GRI content index
2023 ENVIRONMENT DATA REPORT - CONTENTS | 2 | AEDIFICA |
Contents
Contents
Our CSR goals
Tackling climate change
Portfolio performance
Corporate performance
Appendix
Our CSR goals
Following the 2021 materiality assessment and the update of our CSR framework, we have revamped our action plan and committed ourselves to more ambitious CSR goals. These goals allow us to focus our efforts on reducing our environmental impact, and work with key stakeholders (such as employees, shareholders, residents, etc.) to achieve these targets, while maintaining responsible business practices.
In this Environmental Data Report and in the 'Business Review' chapters of Aedifica's 2023 Annual Report, you can track how far we have progressed in achieving these objectives.
Goals | Actions taken in 2023 | Status | Page | |
PORTFOLIO | Achieving net zero emissions for our | Portfolio evaluation using CRREM and interim | on track | EDR23 p6 |
real estate portfolio by 2050 | target set for 2030 (targets were set for country | |||
management and the Executive Committee). | ||||
Applying Building Assessment (BA) | Ongoing. A group-wide platform was implemented to | on track | EDR23 p7 | |
strategy to 100% of our properties | support compliance assessment. | |||
in operation by 2025 | ||||
Conducting a climate change risk | Climate change risk assessment for physical and | V | EDR23 p4 | |
assessment in 2023 | transition risks conducted in collaboration with an | |||
external partner. | ||||
PARTNERS | Increasing the response rate | Operator engagement survey conducted in 2023, | V | AR23 p48 |
of operators participating in | with response rate increasing by 32%. | |||
engagement survey | ||||
Implementing a green awareness | The green lease annex was added to both newly | ongoing | AR23 p49 | |
programme for tenants | signed and several existing leases. | |||
Organising Operator Days in each | Operator Days organised in Belgium and the UK. | ongoing | AR23 p48 | |
region every three years | ||||
Organising annual Community Days | Community Days organised in Belgium & Finland. | V | AR23 p50 | |
for employees | 51 employees performed 218 hours of community | |||
support. | ||||
ORGANISATION | Rolling out Aedifica Academy in all | Aedifica Academy was launched for all teams. Over | V | AR23 p57 |
regions | 2,650 hours of training were offered to employees. | |||
Organising an annual employee | With a participation rate of 90% and a Trust Index | V | AR23 p55 | |
satisfaction survey | Score of 82%, almost 9 in 10 employees would | |||
recommend Aedifica as a great place to work. | ||||
Mandatory annual ethics training for | 100% of employees have received ethics training. | V | AR23 p57 | |
employees | & 60 | |||
Implementing a health & well-being | Initiatives to improve communication, social cohesion | ongoing | ||
programme for employees | and employee engagement | |||
158kWh/m²
Aedifica actual 2023
130kWh/m²
nEUI target for 2030
-5%
2023 nEUI decrease compared to 2022
86%
2023 energy consumption data coverage
2023 ENVIRONMENT DATA REPORT - OUR CSR GOALS | 3 | AEDIFICA |
Contents
Tackling climate change
Contents
Our CSR goals
Tackling climate change
Minimising the impact of climate change on our portfolio
Reducing our impact on climate change
Net zero GHG pathway Building assessment framework
Portfolio performance
Corporate performance
Appendix
REDUCING THE
ENVIRONMENTAL
FOOTPRINT OF
OUR PORTFOLIO &
OUR TENANTS
- (Re)developing energy-efficient buildings
- Investing in energy-efficient installations
- Introducing building assessment tools
- Engaging with operators to reduce their energy consumption
Minimising the impact of climate change on our portfolio
Climate change may lead to warmer summers on the European continent, which may require adjustments to buildings to keep indoor temperatures comfortable for building occupants. This is particularly crucial in elderly care, as this vulnerable group of people is sensitive to high temperatures. This rise in temperatures may lead to a complete rethinking of the way buildings are designed, with more attention paid to active and passive cooling of buildings. Moreover, climate change may lead to sea level rise and extreme weather events that could damage buildings, such as the 2021 floods that affected some of the Group's properties in Germany.
Aedifica has developed a building assessment framework (see page 7) that includes a sustainability pillar. As part of this pillar, we have conducted a climate change risk assessment in 2023 to better understand the physical and transition risks to our portfolio.
The first iteration of the climate change risk assessment was conducted with the help and expertise of an external partner, paving the way for further development in-house in the future. The methodology is aligned with the TCFD (Task Force on Climate-related Financial Disclosures) and based on principles similar to disaster risk models, drawing on climate and socio-economic modelling data from a variety of sources. This comprehensive climate and socio-economic data covers physical risks such as extreme temper- ature, drought, wildfires, (pluvial/fluvial) floods, water stress and cyclones, in addition to transition risks. Although the assessment did not consider asset-level risk mitigation strategies, it did explore opportunities related to energy efficiency, material use, resilience, innovation and new markets.
Next steps include targeted actions toward assets with significant risks identified, recognising that some physical risks require government intervention, while others can be addressed by operators or owners. A review of existing and recommended mitigation measures is planned, in response to identified risks such as fluvial flooding and extreme temperatures. This commitment to proactive risk management underlines our dedication to dealing with climate challenges in a dynamic and evolving landscape.
Reducing our impact on climate change
Aedifica commits to achieving net zero emissions for its entire portfolio by 2050 to meet the objectives of the Paris Agreement and thus contribute to addressing the climate crisis. Reducing the impact of global warming will largely depend on further eliminating greenhouse gas emissions as a result of energy consumption.
The scope 1 and 2 greenhouse gas emissions (GHG) of our business activities are very limited. Aedifica is not directly involved in the operations of its care homes (generating scope 3 downstream emissions). As the operators are responsible for the daily management and maintenance of the buildings (including the technical equipment) and the way they purchase electricity, the Group only has a limited impact on the direct environmental performance of its buildings. However, as a leading healthcare real estate investor, Aedifica takes responsibility and actively cooperates with its operators on how to develop, maintain and operate our assets in an efficient, safe and sustainable manner.
Net zero greenhouse gas emissions do not only refer to direct emissions (scope 1), but also to indirect emissions (scopes 2 and 3). Aedifi- ca's greatest challenge will be to reduce scope 3 downstream GHG emissions (mainly energy consumed by operators and residents) which are more difficult to control.
As this requires a comprehensive approach and thorough cooperation with our operators, we have developed a net zero GHG pathway.
In 2023, the emissions associated with our own organisation contributed to only approx. 1% to our carbon footprint. The remaining 99% is attributable to our value chain (downstream emissions).
2023 REPORTED GHG EMISSIONS (%)
1% Organisation: 452 tCO2e
99% Portfolio (86% coverage)
31% Electricity: 14,974 tCO2e
8% District heating: 3,663 tCO2e 60% Fuels: 28,631 tCO2e
2023 ENVIRONMENT DATA REPORT - TACKLING CLIMATE CHANGE | 4 | AEDIFICA |
Contents
Contents
Our CSR goals
Tackling climate change
Minimising the impact of climate change on our portfolio
Reducing our impact on climate change
Net zero GHG pathway Building assessment framework
The share of green electricity within our portfolio's total electricity consumption increased from 14% in 2022 to 21% in 2023, owing to the on-site production of renewable energy as well as the purchase of green energy by our operators. This is the result of Aedifica's investments in making its portfolio more sustainable and raising awareness among its tenants. In Western Europe, 2023 was a slightly warmer year than 2022, resulting in lower energy demand for building heating. In Northern Europe, however, 2023 was significantly colder than 2022, resulting in higher energy demand for building heating. The greenhouse gas intensity - the amount of greenhouse gases emitted per square meter - of Aedifica's portfolio in 2023 was 26 kgCO2/m2, down 4% from 2022. Our ongoing efforts to understand the energy and GHG intensity of our portfolio are reflected in consistent high data coverage. We closely monitor
CO2 | CH4 | N2O | HFCs | PFCs | SF6 | NF3 |
Scope 2 indirect | Scope 1 direct | |||||
Scope 3 indirect | Scope 3 indirect |
Purchased
energy
Company
offices
Leased assets
Leased healthcare
Portfolio performance
86% of the buildings' carbon emissions, resulting in robust reported KPIs. We will continuously work
Company
vehicles
properties
Corporate performance
Appendix
on expanding data coverage and quality in the coming years. Aedifica uses the Greenhouse Gas Protocol Corporate Accounting and Reporting Standard guidelines to quantify and report on its greenhouse gas emissions.
PORTFOLIO GHG INTENSITY (GHG-INT) (IN kgCO2/M² PER YEAR)
30 | 27 | 26 |
- -4%
15
10
5
0
20222023
2023 ENVIRONMENT DATA REPORT - TACKLING CLIMATE CHANGE
Employee | Investments |
commuting |
Business travel
Waste generated in operations
Fuel and Construction energy
activity
Upstream activities | Reporting company | Downstream activities |
5 | AEDIFICA |
Contents
Contents
Our CSR goals
Tackling climate change
Minimising the impact of climate change on our portfolio
Reducing our impact on climate change
Net zero GHG pathway Building assessment framework
Portfolio performance
Corporate performance
Appendix
Net zero GHG pathway
In order to achieve climate neutrality, Aedifica is implementing a net zero greenhouse gas pathway addressing every aspect of our business activities. Each of these activities contributes to our goal of reaching net zero greenhouse gas emissions by 2050. This will be a challenging journey in which collaboration and knowledge sharing within the industry is essential. Aedifica is committed to accompanying its stakeholders on this journey.
As a property owner, Aedifica's main objective over the next decade is to reduce the net energy use intensity (nEUI) of its portfolio:
- by upgrading buildings to reduce gross energy demand;
- by generating renewable energy on site to reduce net energy demand from the energy grid.
An excessive use of renewable energy sources can potentially slow down the process of decarbonisation and thus focusing on the net energy demand is the first objective, moreover, efficiency measures result in cost savings to tenants by lowering energy bills. Purchasing green energy to meet the remaining net energy demand will have an additional positive impact on decarbonisation.
The science-based Carbon Risk Real Estate Monitor (CRREM) serves as a tool and benchmark in the annual evaluation of building performance and as a guide for portfolio development in the various countries where Aedifica operates. CRREM collaborates with the Science Based Targets initiative (SBTi) to provide fully aligned 1.5°C decarbonisation pathways for the real estate sector. Our cooperation with CRREM underscores our commitment to sustainability and responsible portfolio development.
PATHWAY TO NET ZERO GHG EMISSIONS IN THE EUROPEAN HEALTHCARE SECTOR 1
350 | |||||||||
300 | |||||||||
250 | |||||||||
kWh/m2 | 2021: | ||||||||
200 | 181 | ||||||||
150 | 2022: | 2023: | |||||||
167 | |||||||||
158 | |||||||||
100 | 130 kWh/m² nEUI target for 2030 | ||||||||
50 | |||||||||
0 | |||||||||
2020 | 2030 | 2040 | 2050 | ||||||
Business activities | Actions to be taken this decade | ||||||||
Development | • Performing life cycle assessments |
- Implementing sustainable development guidelines
- Introducing a building passport to measure embodied carbon
Acquisitions and divestments | • Performing ESG assessments for acquisitions |
• Using CRREM-based pathways | |
Standing investments | • Rolling out a building assessment tool |
• Benchmarking performance | |
• Setting country and asset level targets | |
• Green investments | |
Collaborate with operators | • Rolling out green lease contracts and educating operators |
• Organising Operator Days | |
• Implementing smart meters | |
Management operations | • Monitoring and off-setting carbon impact |
• Educating employees | |
• Updating green travel policies | |
158kWh/m²
Aedifica actual 20232
130kWh/m²
nEUI target for 2030
Energy data coverage evolution3
86%
2023
83%
2022
83%
2021
70%
2020
43%
2019
40%
2018
1. The bandwidth shows the combined pathways |
committed by the different governments for |
the healthcare sector in their countries (the |
eight countries where Aedifica operates) as |
An interim target was set for 2030 to reduce the nEUI for the entire Aedifica portfolio to an average of 130 kWh/m², while targets were also set for the Executive Committee and country managers. The targets and measurements were made in accordance with CRREM definitions.
The net energy use intensity (nEUI) decreased by 5% from 167 kWh/m² in 2022 to 158 kWh/m² in 2023, weighted on the Gross Internal Area (GIA). As per CRREM, the gross internal area is used to avoid distorting the indicator with non-heated surfaces such as indoor parking.
Lack of standardisation in measurement codes can have a major impact on the calculation of this KPI: based on an alternative definition using the Gross Floor Area (GFA) or Gross External Area (GEA), our 2023 net energy use intensity would decrease to 148 kWh/m².
part of the Paris Agreement, expressed in net | |
energy use intensity (kWh/m2). | |
2. | Based on 86% of the portfolio and expressed |
per m² of internal area. | |
3. | Expressed as a percentage of the square |
meters of reporting buildings relative to the | |
total square meters of buildings in Aedifica's | |
portfolio for the year under review. |
2023 ENVIRONMENT DATA REPORT - TACKLING CLIMATE CHANGE | 6 | AEDIFICA |
Contents
Contents
Our CSR goals
Tackling climate change
Minimising the impact of climate change on our portfolio
Reducing our impact on climate change
Net zero GHG pathway Building assessment framework
Portfolio performance
Corporate performance
Appendix
Building assessment framework
Aedifica has developed a building assessment framework that provides our technical property management team with a structure to monitor the quality of each building. Although Aedifica is not directly involved in the operation of our care homes, we have an impact on how infrastructure is designed, built and maintained in accordance with evolving regulations and current construction techniques. The building assessment framework is based on three pillars: proper monitoring of the overall maintenance condition, the energy consumption and sustainability character of our buildings and their compliance with all applicable regulations.
The sustainability pillar of the building assessment framework provides local Aedifica teams with a roadmap for minimising the environmental impact of their respective portfolio. This framework defines technical requirements for energy efficiency, environmental aspects (e.g., measures to reduce water consumption and improve biodi- versity), health criteria (e.g., ventilation rates for air quality) and quality of life criteria for residents (e.g., accessibility) for future development projects. Our development projects in the Netherlands generally already meet most of these criteria, as the Dutch version of our sustainable development framework is similar to the GPR standard.
Moreover, as part of the building assessment, we also carry out a review of 42 risk items. For each development, acquisition and standing invest- ment, we assess a spectrum of potential risks, including loss of general use of the building, flood risk, stability risk, fire risk, explosion risk, environmental impact, energy/sustainability certification and health and safety issues.
Building assessment framework
Maintenance
- Detailed desktop and on-site con- dition assessments according to the principles of the NEN2767 standard.
- On-sitevisits conducted by our operations team or independent third parties.
- Uniform approach across the coun- tries where Aedifica operates.
- Follow-upactions with operators.
Sustainability
- Energy data collection and valida- tion on annual basis.
-
Evaluating the progress of the net zero GHG pathway using the
science based CRREM tool. - Assessing climate change risk adaptation.
- Implementing sustainable develop- ment guidelines per country and benchmarking assets.
- Energy labels and energy audits provide input for measures needed to improve energy efficiency (including on-site renewable energy generation) as well as input for the CRREM pathways per asset.
Compliance
- Legislation and risk framework - a standardised matrix (adapted to local and regional legislation and regula- tions) to check a building for com- pliance. This ranges from building permits and elevator certificates to flood risk assessments.
- Ensuring structural and facility com- pliance to guarantee the health and safety of residents and employees by monitoring and supporting operators in their responsibilities for the techni- cal management of buildings.
2023 ENVIRONMENT DATA REPORT - TACKLING CLIMATE CHANGE | 7 | AEDIFICA |
Contents
Portfolio performance
Contents
Our CSR goals
Tackling climate change
Portfolio performance Monitoring consumption data Energy consumption Renewable energy
Water performance Waste performance Improving building certificates
Corporate performance
Appendix
Monitoring consumption data
Thanks to the awareness we have created among our operators, we were able to achieve 86% data coverage for our portfolio's energy consumption. Coverage for water consumption has increased to 81% for 2023. This means that we have currently reached our goal of achieving a coverage of at least 80% for both energy and water consumption by 2025.
During 2023, we continued to work on the implementation of an Energy Management System (EMS) to further automate data collection for energy consumption and GHG emission data and to ensure proper insight into the quality of data sources. This EMS system supports on the one hand the data verification and thus ensures that the reported numbers are more robust, and on the other hand, the tool facilitates communication with our stakeholders about the performance of the portfolio. We will continuously work on expanding data coverage and quality.
By collecting, validating and verifying operational data, we are improving our understanding of our buildings' footprint. This is an important step in engaging with our operators so that we are better equipped to jointly develop plans for net zero emission at the asset level. As a building owner, we collect consumption data over a one-year reference period to benchmark our buildings and provide feedback and recommendations to our tenants.
Energy consumption
In 2023, we measured the energy consumption of 532 assets, which consumed a total of 274,541 MWh of energy. On a like-for-like basis, 2023 electricity consumption decreased by 1%
compared to 2022 and the share of green electricity increased to 23% from 15% in 2022. Our continued efforts in implementing management systems as part of our new labelling strategy will continue to positively impact these numbers. Ongoing energy-saving projects will encourage operators to further decrease energy consumed and expand renewable energy installations on our properties, thereby increasing the use of renewable energy sources.
In 2023, 189 assets used district heating instead of using a single production unit. The advantage of using district heating is that the energy needed for the community is produced on a larger scale and in this way efficiency gains can be made. 351 of our assets use fuel to heat the property, to provide hot water, and cook. Compared to 2022, on a like-for-like basis comparison, fuel consumption decreased by 4%.
The site net energy use intensity of a building represents the amount of energy consumed from the energy grid (in kWh) per square meter and includes all uses of energy in our buildings from the lighting, heating and cooling installations, including the plug loads from kitchens and laundry rooms, net of any renewable energy generated onsite (e.g. through solar panels). The average net energy intensity of our portfolio decreased by 5% from 167 kWh/m² in 2022 to 158 kWh/m² in 2023. This decrease can be attributed in part to our energy efficiency measures, but is also due to less directly measurable effects ranging from the increasing awareness among our tenants to fluctuations in the average annual outdoor tem- peratures. In the Western Europe, 2023 was a slightly warmer year than 2022, resulting in lower energy demand for building heating. In Northern Europe, however, 2023 was significantly colder than 2022, resulting in higher energy demand for building heating.
Renewable energy
As we collaborate with our operators to reduce gross energy demand of our assets, it is equally important that the remaining energy consumed is procured from renewable sources, either through on-site generation of green energy contract. We encourage our operators to follow our lead and take steps to reduce electricity consumption and switch to green power contracts, as this would significantly reduce the indirect greenhouse gas emissions of our portfolio. The share of green electricity within our portfolio's total electricity consumption increased from 14% in 2022 to 21% in 2023.
With the intention of reducing direct emissions for our portfolio, we are increasingly investing in renewable technologies to meet our buildings' heating demand. To this end, 104 of our assets were using heat pumps as their main production unit. On specific sites, alternative systems such as biomass, for example, are being examined.
Water performance
The primary source of water supply for our assets is municipal water. We monitor 81% of water use in our portfolio, totalling 1,282 megalitres in 2023. Like-for-Like water intensity - indicating the amount of water used per square meter - increased slightly by 2% compared to 2022. We continue our efforts to raise awareness of efficient water consumption among our tenants.
Waste performance
For waste management in our portfolio, we strive to maintain complete and consistent data through ongoing dialogue with our operators. In 2023, we collected waste data for 20% of our portfolio, totalling 3,071 tonnes.
86%
energy consumption data coverage
NET ENERGY USE INTENSITY (IN KWH/M²)
200
167
158
150-5%
100
50
0
20222023
SHARE OF GREEN ELECTRICITY (IN %)
24 | 21 | |
20 | +7% | |
16 | 14 | |
12 | ||
8 | ||
4 | ||
0 | ||
2022 | 2023 |
2023 ENVIRONMENT DATA REPORT - PORTFOLIO PERFORMANCE | 8 | AEDIFICA |
Contents
Contents
Our CSR goals
Tackling climate change
Portfolio performance Monitoring consumption data Energy consumption Renewable energy
Water performance Waste performance Improving building certificates
Corporate performance
Appendix
Improving building certificates
To properly assess the intrinsic energy performance of the assets in our portfolio, we continuously collect information from our operators and benchmark their relative environmental performance. For this purpose, we compare actual energy consumption with the energy levels stated in the applicable EPC1 standard.
EPCs were first introduced as part of the EU Energy Performance of Buildings Directive and will continue to play an important role in the future as part of EU Taxonomy regulations. EPCs give us an independent picture of a building's energy efficiency by documenting not only a label, but also an estimate of its energy intensity. Buildings with an EPC of level C or better are considered compliant with the country's standards/ambitions.
Since we started identifying the existing certificates in our portfolio in 2020, we have been able to compile a comprehensive overview. We increased the EPC coverage of the entire portfolio from 76% in 2022 to 90% in 2023 (+18%).
Building on the insights from our EPC overview, we have developed a clear roadmap to structurally improve the energy efficiency of the portfolio:
- For new developments, the sustainable development framework will help achieve our energy intensity targets.
- Based on the building assessment framework for existing assets, ren- ovation plans will be explored with the operators.
• Funding through sustainable financial instruments will facilitate investments in sustainable new construction projects or specific sustainability projects in the existing portfolio.
- Energy inefficient buildings may be considered for asset rotation when renovation is not feasible.
90%
EPC coverage
BREAKDOWN OF EPC LEVELS2 (% OF TOTAL M² OF PORTFOLIO)
+18% | |
2022 | 2023 |
Projects under (re)development No label
Label D or lower
Label C
Label B
Label A
Cert-Tot
Label A
Label B
Label C
Label D or lower No label
Projects under (re)development
Floor area (m²) | Floor area (%) | Asset value |
(€ million) | ||
546,000 | 25% | 1,329 |
740,000 | 34% | 2,118 |
445,000 | 20% | 1,155 |
245,000 | 11% | 565 |
128,000 | 6% | 329 |
86,000 | 4% | 93 |
Breakdown of EPC levels2 (% of total m² of portfolio)
2022
2023
- Energy Performance Certificate. EPCs provide an independent assessment of a building's energy efficiency by documenting not only a label but also an estimate of its energy intensity. As the EPC scale used to classify buildings in Belgium differs by region and building type, and to improve comparability within the portfolio, the energy intensity for Belgian buildings is being re-mapped to the 'EPC Public Buildings' scale. Note that the 'EPC Public Buildings' category is currently being phased out and replaced by 'EPC Non-Residential Buildings'.
- EPC coverage and EPC breakdown by categories have been subject to a 'limited assurance' review by EY Bedrijfsrevisoren BV (see Aedifica's 2023 Annual Report page 221).
Label A
Label B
Label C
Label D or lower No label
Projects under (re)development
20%
30%
18%
8%
17%
7%
25%
34%
20%
11%
6%
4%
2023 ENVIRONMENT DATA REPORT - PORTFOLIO PERFORMANCE | 9 | AEDIFICA |
Contents
Corporate performance
Contents
Our CSR goals
Tackling climate change
Portfolio performance
Corporate performance Reducing our carbon impact
Climate neutral corporate carbon footprint
Appendix
In 2023, we continued to monitor the carbon footprint of our operations. Compared to our real estate portfolio, carbon emissions of our organisation are relatively limited. However, we take action at every level where we leave a carbon footprint. In 2022, we started implementing a net zero carbon pathway to also min- imise the impact of our administrative activities. This includes procuring energy from renewable sources, electrifying the company's car park and educating all employees about their carbon impact, and offsetting our remaining carbon emissions.
Reducing our carbon impact
In 2023, we emitted approx. 452 tCO2e, or 3.6 tCO2e per FTE. This represents a 72% increase in absolute numbers compared to 2019 (263 tCO2e), our benchmark year. This increase in absolute numbers can be explained by the growth of the company, more than doubling the work- force compared to 2019. Carbon intensity per FTE decreased by -20% compared to 2019. As a reminder: the years 2020 and 2021 were heavily impacted by the Covid-19 pandemic, this resulted in an important decrease of emissions related to company cars, business travel and commuting. In 2023 these categories increased again, but overall emissions per FTE are still well below 2019 levels, reflecting our efforts in reducing our carbon impact. All electricity consumed at our headquarters is generated from renewable energy sources. Primary sources of GHG emissions are related to our transport; company cars accounted for 60% and other business travel 21%.
At our headquarters, we developed a comprehensive mobility plan, understanding that this is an important tool to provide our employees with
a better work-life balance and increase their job satisfaction. As part of this plan, our employees were offered the opportunity to work from home occasionally and are incentivised to use public transportation or bicycles for their daily commute in the form of a bicycle allowance and full reimbursements for train tickets. With the help of a new car policy, the greening of our company car fleet has continued.
Climate neutral corporate carbon footprint
In addition to the various initiatives to reduce our emissions, Aedifica has chosen to voluntarily offset its current corporate carbon footprint. With the help of an external partner, the consistency of the collected data as well as the reported emissions were subject to a 'limited assurance' review.
In 2023, carbon emissions for the total corporate carbon footprint of our organisation were offset by supporting two global certified climate projects:
- KIKONDA FOREST RESERVE: The project covers 120 km² of forest in the heart of East Africa. Over one million trees (muses, pine, and eucalyptus) are planted and managed in an advanced agroforestry scheme. 20% of the land is earmarked for conservation, with many wet- lands along riverbeds being protected. Besides this core activity, great efforts are undertaken to support local schools, fight illiteracy, qualify locals and restore ecosystems.
- TIIPAALGA COOKSTOVES: Many regions in Burkina Faso are suffering from desertifi- cation, soil degradation and increasingly fre- quent droughts. The high demand of firewood leads the region into more severe forms of
desertification. This project promotes the distribution and use of the mud-made efficient wood stove 'F3 PA' (Foyer Trois Pierres Améliorés) in the province of Kourwéogo, located in the region Plateau Central in the centre of Bur- kina Faso. It replaces the traditional stove while respecting the local three stone cooking culture as these three stones are integrated into the design.
2023 REPORTED GHG EMISSIONS (%)
1% Organisation: 452 tCO2e
99% Portfolio (86% coverage)
31% Electricity: 14,974 tCO2e
8% District heating: 3,663 tCO2e 60% Fuels: 28,631 tCO2e
-20%
Reduction in carbon intensity per employee compared to 2019
AEDIFICA'S TOTAL tCO2e CORPORATE EMISSIONS PER CATEGORY
60% | Company cars | |
21% | Business travel | |
13% | Commuting and homeworking | |
5% | Energy | |
1% | Waste | |
< 1% | Refrigerant losses | |
< 1% | Purchased goods and services | |
2023 ENVIRONMENT DATA REPORT - CORPORATE PERFORMANCE | 10 | AEDIFICA |
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Aedifica SA published this content on 07 June 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 07 June 2024 06:19:04 UTC.