The information below is taken from the annual report for 2020.
The aim of our sustainability programme is positive impact on our tenants, shareholders, suppliers, employees and society in the communities where we operate. Social responsibility and sustainable development are important not only to ensure that Gladsheim is a strong market player: they are also crucial to long-term development. Economic, environmental and social factors are the foundation of Gladsheim’s sustainability programme.
It is fundamental that Gladsheim’s business is run responsibly, not only for the company’s own development, but also to live up to the company’s responsibility to its owners, employees, tenants and society in general. The ambition is that Gladsheim will continue to grow. For this to be possible, the sustained trust of the aforementioned stakeholders is essential. For Gladsheim to deliver long-term and profitable growth, the company’s growth must be sustainable.
There are several focus areas central to the sustainability programme: the long-term approach, satisfaction and pride. Gladsheim is committed to being a long-term property company with stable cash flows that make investments in properties and our people possible. This in turn generates satisfied and happy tenants and employees who want to stay with Gladsheim. Our tenants should be happy with us not only because their homes meet high standards, but also because the properties are developed with focus on sustainability. We are working hard to make tenants and employees proud of Gladsheim’s contributions to sustainable development.
Gladsheim reviews its policies and guidelines every year. In so doing, we ensure that our policies and guidelines remain relevant and fit for purpose. All sustainability and ESG efforts at Gladsheim are based on our sustainability and ESG policy established by the board of directors.
Gladsheim will continue the work to embed the sustainability perspective in the entire company, and this will be the foundation of all work with governance, strategy, operations and objectives. The sustainability and ESG programme will focus on the areas where we believe we can make the greatest difference. Reducing our environmental and climate impact is a central tenet of the investments planned in the longterm budget for 2020–2024. Gladsheim is focusing mainly on saving energy, where we are working with the properties as a whole and our individual apartments. We are taking actions including replacing central heating boilers, installing sensor-controlled LED lighting in stairwells, improving insulation and similar measures. When we renovate apartments, they become more energy efficient.
Going forward, sustainability and ESG efforts will also be built on setting quantifiable targets to ensure definitive tracking of actions taken and their outcomes. One example of this is our work with Green-Building certification, which requires taking action to reduce energy use by 25 percent. Gladsheim aims to certify the first building in 2021. A focused and goal-oriented sustainability programme will enable Gladsheim to grow on the strength of quality.
Gladsheim’s programme is based on three areas: economic, social and environmental sustainability.