Carbon neutrality goal of zero emissions in real estate portfolio
Pontos’ carbon neutrality goal includes the following areas:
- Properties’ use-phase emissions’ (scope 1 and 2) carbon neutrality by 2025, and the entire lifecycle emissions’ (including scope 3) carbon neutrality by 2030.
- Minimizing properties’ use-phase and project-specific lifecycle emissions in business. The activities aim, above all, to prevent and minimize emissions, and lastly to compensate.
- Reducing the energy consumption of properties by 15 percent from the 2019 level by 2030. This means an annual reduction of approximately 2 percent in the real estate portfolio’s energy consumption during 2021–2030.
Along with these areas and the utilization of real estate technology, the goal is to have a carbon-neutral real estate portfolio by 2030.
To achieve the carbon neutrality goal, Pontos has laid out an operating model based on active ownership. It defines the conditions for environmental management and measures in the Group. We refer to this with the term Carbon-Neutral Real Estate Portfolio 2030 plan of action.
In addition to Pontos’ real estate portfolio, the plan of action includes those private equity companies in, Pontos’ real estate portfolio that include real estate and construction as significant parts of their business.
This Carbon-Neutral Real Estate Portfolio 2030 website describes this operating model, its guiding principles and central themes defined by Pontos. Cases demonstrate concrete activities portfolio companies have taken around the subject.