strategy

The sustainability policy defines Akelius’ commitment to improving its sustainability performance.

The sustainability policy is aligned with the company's Code of conduct following the principles

respect the rule of law and act in accordance with regulation

conduct business with honor and integrity

respect human rights

The company's sustainability management is based on four layers.

Find the sustainability policy here.

double materiality assessment

Akelius identified ESG areas that influence the company’s strategy, operations, and risk management.

To further integrate sustainability into operations, the business is aligned with the EU’s sustainability objectives.

EGS targets

environment

reduce energy intensity by two percent, annually
ensure portfolio energy intensity below 95 kWh per sqm by end of 2030
have fifty percent of portfolio’s floor area green certified by independently recognized organizations by end of 2030
become climate neutral by end of 2050

social

have all properties inspected annually
reduce property compliance incidents in each city by ten percent, annually
have fifty percent of properties green certified by 2030

aim for employee zero lost day rate
aim for zero injuries at work rate
aim for zero fatalities

governance

aim for zero cases of corruption
achieve one hundred percent training participation on Code of Conduct and anti-corruption

constantly improving

Akelius strives to improve its sustainability performance constantly.

Sustainability should be implemented in all business decisions and processes, including acquisition, operations, sales, financing, tax, and all training.

Akelius

commits to reporting according to CSRD, EPRA Sustainability Guidelines, GRI Global Reporting Initiatives
contributes to the United Nations Sustainable Development Goals
is a signatory of the United Nations Global Compact
commits to adhering to local requirements, such as supplier standards and emissions reduction
shall be climate neutral by 2050

responsibilities

CEO owns the policy

The CEO owns the sustainability and related policies.

management develops the strategy

The CEO and the Business Development unit are responsible for the sustainability strategy development.

operations implement the strategy

All heads of regions, cities, and departments are responsible for

implementing and communicating the sustainability policy
ensuring compliance with the sustainability policy
reaching the regions', cities', and departments' sustainability targets

all staff are responsible for sustainability

Each employee is responsible for

reading and understanding the policy
implemeting their work into action pland to achieve the sustainability targets
reporting any behavior inconsistent with this policy

the Board approves and reviews the policy

The Board of Directors reviews and approves the sustainability policy and the targets annually.
Management continuously evaluates the progress of the targets.
The CEO and representatives from the Business Development unit meet regularly to analyze and monitor the sustainability efforts.

Board committees

Akelius has an Audit Committee and a Sustainability and Construction committee that reports to the Board.
The committees decide on relevant issues and meet at least quarterly.
Read the Board committee instructions here.

reports

The sustainability report is integrated into the annual report from 2021 onwards.

annual reports

sustainability reports 2017 to 2020

UN Global Compact communication on progress

Akelius has reaffirmed its support of the Ten Principles of the United Nations Global Compact, Akelius participation started back in March 2021.
Find the letter of commitment here.
Find the statement here.