Premia aspires to be among the Sustainability leaders in Greece.
Being a listed Real Estate Investment Company, we are committed to the sustainability journey, as an employer, a business partner, a community and environmental member, and a value creator for the shareholders.
By thinking and acting sustainably, we are focused to deliver excellent service to our tenants and strong financial results and position the company for a strong future growth.
Sustainability Vision
Premia Properties’ Sustainable Business Strategy is guided by our dedication to operating responsibly, creating value for our stakeholders, and improving the environmental and social performance of our assets.
Environment, Social Performance, Corporate Governance and Economic Responsibility carry equal weight and are considered in everything we do.
Sustainability Mission
Our approach, and success, is underpinned by a set of comprehensive KPI’s and long-term targets which aim to deliver tangible benefits for our stakeholders; our investors, tenants, building users, local communities, and employees.
We will be providing an account of our performance against these long–term targets in our annual sustainability reporting.
We will be publishing a suite of reports that align with mandatory reporting requirements and international best practice standards including the EPRA Sustainability Best Practice Recommendations (sBPR) and the GRI.
Frank Roseen statement,
Vice Chairman, Non Executive Member of Board of directors
ESG & Sustainability considerations are an integral part of our decision-making process. Our primary focus is on carbon emissions and energy efficiency, but we also look at governance, social and well-being standards, while securing long-term growth. Each business decision is evaluated according to its environmental and social-economic impact, has a clear vision and is communicated with full transparency to Premia’s stakeholders.
Premia is committed in taking tangible steps to reduce its carbon footprint and develop healthy buildings for the environment and the communities that live and work in. Toward the realization of carbon neutrality by 2050, we are promoting various decarbonization initiatives in collaboration with suppliers to improve the energy efficiency and replacing traditional energy sources with low-carbon alternatives, transforming thus our buildings for the future.
Our commitment is to be one of the most sustainable real estate companies in Greece. To strengthen our sustainability as an organization, we are mobilizing concerted resources by establishing a cross-functional Taskforce, comprising energetic and thoughtful members to help us think differently and turn challenges into business opportunities.
Environment
Main climate goal means that Premia Properties will halve the emissions in its operations by 2030 by measuring and reducing emissions, using high end methodology/metrics. Premia Properties has also set a goal of achieving net zero emissions throughout the value chain by 2045. To achieve the goals, the company will, among other things, focus on energy efficiency projects and initiate several actions to improve its sustainability performance. Other activities include purchasing eco-labeled district heating and continuously replacing the vehicle fleet with fossil-free vehicles.
Society
Premia sees itself as a part of society and actively wishes to make a positive contribution to the local community. Responsibility is firmly rooted in our corporate culture. Premia is aware of its impact on society and wishes to actively contribute to positive development in any possible way.
Governance
In Premia we act with integrity and according to the statutory regulations that apply to listed companies and also to REIC’s. We operate with the highest standards of business ethics towards our people and external stakeholders. Business ethics, compliance and risk management are key to our day-to-day operations.
Employees
Our employees are our Company’s main asset and people are key to our success. We aim to develop careers by promoting talented individuals to positions of leadership. The well-being of our people is of the upmost importance. Our aim is to manage talent and design training and development programs to strengthen our teams and challenge aspiring leaders. Our people operate with integrity and are particularly engaged with the business. In addition to core elements, an attractive package of additional benefits is available to all our people, which includes private medical insurance and other benefits. We believe that every person in the Company has a part to play in generating value and we understand fully the benefits of a diverse working environment.
Tenants
Our tenants are our key focus. We provide them high quality assets o and we maintain open communication channels for the benefit of all parties. We develop projects to meet the needs of our tenants with environmentally, socially, and financially sustainable standards.
