2021
Sustainability Report
in accordance with the GRI Standards, 26 August 2022
2 Zug Estates Group- Sustainability Report 2021 -Tableof contents
Contents | |||
Introduction | 3 | ||
Key figures | 4 | ||
Reading material | 5 | ||
Sustainable journey | 6 | ||
1. | Sustainability strategy | 7 | |
1.1 | Sustainable business model | 7 | |
1.2 | Values, ambitions and objectives | 7 | |
1.3 | Material topics | 8 | |
1.4 | Our stakeholder groups | 11 | |
1.5 | Organisation | 12 | |
1.6 | UN Sustainable Development Goals (SDGs) | 12 | |
2. | Overarching topics | 14 | |
2.1 | Innovation | 14 | |
2.2 | Economic success | 15 | |
3. | Environmental topics | 18 | |
3.1 | Biodiversity | 18 | |
3.2 | Energy and emissions | 19 | |
3.3 | Materials | 31 | |
3.4 | Water | 32 | |
4. | Social topics | 35 | |
4.1 | Attractive working environment | 35 | |
4.2 | Development of living spaces | 42 | |
4.3 | Interconnected communities | 45 | |
5. | Governance-topics | 47 | |
5.1 | Cooperative partnerships | 47 | |
5.2 | Transparent communication | 49 | |
5.3 | Responsible corporate governance | 50 | |
6. | GRI content index | 53 |
3 Zug Estates Group- Sustainability Report 2021 -Overarchingtopics
Introduction
We marked a major milestone in our company's history on 1 June 2022: the dismantling of our last oil- fired heating system. The step we took on that sum- mer's day was preceded by the incorporation of another nine buildings into the Circulago lake water district, which supplies the City Centre site with renewable energy.
Doing so has enabled us to reduce our emissions by another 50% year on year, from 1.8 to the current figure of 0.9 kg CO2 per m2 of energy reference area, putting us far below the target for the 1.5-degree reduction pathway envisioned by the CRREM (Carbon Risk Real Estate Monitor).
But that doesn't mean Zug Estates is done with the topics of energy and emissions. Going forward, we'll be focusing more intensely on boosting our own power generation capacities as well as the consumption of regional, renewable sources of energy. Our solar installations at the Suurstoffi site produced 1 140 MWh of electricity during the reporting period from 1 April 2021 to 31 March 2022, which corresponds roughly to the average power consumption of 250 single-family homes. We'll be installing solar installations at the City
Centre site to increase our own electricity production even further and selling it directly to our tenants through a private consumption community (PCC).
Sustainability targets play a major role in efforts to develop the Metalli Living Space in the heart of Zug, where nearly carbon-free operation is already a re- ality. Promoting biodiversity and a circular economy is our top priority as a result. Our plans also attach great importance to social topics like the creation of a wide variety of cultural and leisure offerings as well as the construction of affordable housing. This approach will enable Zug Estates to create long-term added value that benefits society, the environment and our stakeholder groups.
Both the results we've already achieved and our future efforts are the result of a sustainability strategy that was first implemented more than ten years ago and has been pursued systematically ever since. Sustainable principles and values are firmly entrenched in our company's DNA - at every level, from individual employees all the way to our board of directors.
We hope you enjoy reading our sustainability report, which has been prepared in accordance with GRI Standards. You'll also find more articles on our commitment to sustainability on our website (www.zuges- tates.ch).
Zug, August 2022
Patrik Stillhart
CEO
4 Zug Estates Group- Sustainability Report 2021 -Keyfigures
Key figures
0.9 kg
Greenhouse gas emissions in kilogram per m2 of energy reference area
48
e-vehicle charging stations
200 million
Volume of green bonds placed
316
Number of customers in the private consumption community
24
Buildings with solar installations (44% of all
buildings) 68 %
1 140
Percentage of certified outdoor spaces
62 kWh
Energy intensity per m2 of energy reference area
590 litres
Water consumption per m2 of lettable area
Solar power production in MwH (enough to cover the needs of 250 single-family homes)
138
Number of employees working for the
Zug Estates Group
Figures as at 31 December 2021. Data relating to energy and water refer to the period from 1 April 2021 to 31 March 2022.
5 Zug Estates Group- Sustainability Report 2021 -Readingmaterial
Reading material
"Change has to be incorporated into the landscaping concept"
Landscape architect and urban ecologist Jonas Frei knows what a diverse environment needs and how to create one.
To the interview
Variety of different thrusts in the
Metalli Living Space
Zug Estates tracks a wide range of sustainability- related topics in its efforts to develop the Metalli Living Space.
To the project
Green energy from the region
Zug Estates has successfully slashed its greenhouse gas emissions by nearly 95% since 2010. Going for- ward, we will be focusing more intensely on boosting our own power generation as well as the consumption of regional, renewable sources of energy.
To the article
Grow with us
Collaboration with our partners Switzerland Innovation Park Central and Spaces (co-working) puts Zug Estates in a position to offer the companies at the Suurstoffi site a multitude of different options when renting office space.
To the article
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Zug Estates Holding AG published this content on 08 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 08 September 2022 14:19:02 UTC.