AN AMBITIOUS CLIMATE TRAJECTORY

TARGETS FOR THE REDUCTION OF GREENHOUSE GAS EMISSION ON LONG TERM TO COMBAT CLIMATE CHANGE

In France, construction is the one of sectors the most emitter of greenhouse gases with transport and agriculture. That’s why, Nexity, aware of its impact and responsibility, and undertakes since 2009 a low-carbon policy who is included in its CSR approach.

To exceed review of GHG emissions of its administrative sites, in 2016 Nexity made the first estimation of significant impacts of its activities to lean on sector benchmark regarding greenhouse gas emissions (HQE, CSTB, ADEME)*. 

  • In 2019, for the square meters delivred by Nexity, emissions were : 869,294 tCO2e for residential developments; which represents 80.6% of Nexity’s carbon footprint.
  • Around 180,056 tCO2e for Commercial Real Estate (delivery of 146,363 sq.m concrete and 34,992 sq.m timber-frame);
  • 28,639 tCO2e for administrative sites.

Nexity has set itself ambitious targets in terms of reducing greenhouse gas emissions by 2030:

  • Residential Real Estate: 30% reduction in tCO2e per home completed (vs. 2015);
  • Commercial Real Estate: 21% reduction in tCO2e per square meter of floor space delivered (vs. 2015);
  • Administrative sites: 35% reduction in tCO2e per employee by 2030 (vs. 2014).

Nexity has also been a signatory of the Paris Action Climat charter since 2015 and formulated and signed quantified commitments for the Paris region in 2016.

 

 

* The sector benchmarks used (HQE, CSTB, ADEME) propose considering emissions of around 1 tonne of carbon dioxide equivalents (tCO2e) per square meter (about 1.2 tCO2e for housing and about 0.92 tCO2e for commercial properties), taking account of construction and operating phases, over a period of 50 years.

 

CHAIRMAN’S MESSAGE

Almost 15 years ago, Nexity made a commitment to staying “A city ahead”. More than a promise, this vision has fueled our sustainable development strategy and accelerated our innovation projects.
Today it is part of our Group’s DNA. From designing to operating buildings, we are responsible for what we produce, the services we offer, the quality of life we help promote at the community level and our environmental impact.

This pro-active approach is reflected in our regular early compliance with regulatory requirements, but it goes further than that. It spurs our own transformation, making us more creative and nimble. It encourages us to combine different skills and business lines, shaking up our working methods and tools. We are eager to learn from those outside the group, especially start-ups. We encourage taking initiatives and project-based organization through entrepreneurship. We will continue developing innovative concepts, breakthrough products and services for our clients – individuals, companies and local authorities.

The climate debate that has taken center stage has underscored the need for collective action. The time for talking is over. At Nexity, we’re focused on getting results. As a fully integrated real estate group, it is our duty to lead by example. We must innovate to promote sustainable development. Our clients must be able to gauge the impact of our initiatives. And we must commit to meeting quantitative targets. This approach is what has driven our success, and it is the key to our future growth.

 

 

 

 

 

 

 

 

"OUR CLIMATE STRATEGY PUTS US AHEAD OF THE REST IN STIMULATING INNOVATION AND ACCELERATING RESEARCH ON MORE RESPONSIBLE, RESOURCE-EFFICIENT SOLUTIONS."

 

Alain Dinin, Chairman and CEO