Sustainable business and corporate social responsibility
A strong sustainability policy will evolve more and more from a nice-to-have to an absolute must-have. That is why Intervest wants to play a pioneering role with sustainability as an essential part of its DNA. For Intervest, sustainability also means the long term well-being of its own team, the tenants and their employees. The ultimate goal is to create value for all of its stakeholders in a sustainable and future-proof manner that is laid down by a sustainability strategy and sustainability objectives.
Sustainability is part of Intervest’s DNA. Whereby we also mean the long-term well-being of the Intervest team, our clients and, by extension, of the employees of our tenants.
Intervest has endorsed the 17 Sustainable Development Goals (SDGs) of the United Nations and has made a selection of six SDGs from these for its sustainability strategy, the basic determining factor for which is where, as a listed company, Intervest can make the greatest positive contribution in the long term, while restricting its negative impact as much as possible. To be specific, Intervest believes that it can make the greatest contribution in the areas of sustainable energy production and consumption (SDGs 7 and 12), sustainable employment (SDG 8), the training of its employees (SDG 4), corporate governance (SDG 11) and the well-being and health of its employees (SDG 3).
The analysis of sustainability domains in which Intervest can have a maximum impact combined with the dialogue with its stakeholders resulted in five major spearheads, which are given priority in the sustainability policy.
1. Restricting climate change
Real estate accounts for 36% of the total CO2 emissions in the European Union. A real estate player can and must make a significant contribution to restricting climate change and its impact. Energy efficiency is a logical attention point in the professional management of real estate when purchasing new and old buildings, developing new projects and managing the existing portfolio.
2. Expansion of professional team
Intervest needs continuity and a stable team of talented employees in order to fulfil its strategy of value growth for its stakeholders. That is why, more than ever, recruiting and retaining talented employees is a priority for Intervest.
3. Employee personal development
Intervest is convinced of the win-win situation that can be created by the self-development of its employees and, in this way, it builds up a broader knowledge base as an organisation. At the same time, personal development plays a very important role in employee motivation. For this reason, Intervest deliberately focuses on internal and external initiatives that promote employee development.
4. Corporate governance
Corporate governance is an instrument that helps to manage the diversity of interests of various different stakeholders in a balanced manner. In this sense, the primary aim should be to limit and deal correctly with conflicts of interest which are inherent to working in a corporate structure. Clear conflict of interest rules and transparent communication with stakeholders are therefore essential in this context to ensure that the resources of the company are used in the best interests of its stakeholders. In this way, good governance creates added value and sustainable growth.
5. Health and well-being
Intervest attaches a great deal of importance to the health and well-being of its team. Various initiatives focusing on physical health, mental health and feeling good in the team form part of this spearhead.
As a general guideline, Intervest opts for the 17 United Nations Sustainable Development Goals for its sustainability strategy and the selection of spearheads. That does not mean that there is no room for other objectives. Quite the contrary. Intervest works together with Voka to ensure that all 17 SDGs are addressed. For its efforts in 2018, Intervest was nominated Laureate 2019 of the Voka Sustainable Entrepreneurship Charter, which was awarded by the Mechelen-Kempen Chamber of Commerce as at 13 June 2019.
Intervest published a Sustainability Report for the first time in 2020, which contained Sustainability Reporting in which Intervest chooses to report on its actions according to internationally recognised EPRA and GRI norms.