Romanian developer Genesis Property says it is committed to achieving zero carbon emissions for the buildings in its portfolio by 2030. This will be achieved by investments in energy efficiency and production from renewable sources.
The developer is currently in the process of obtaining the BREEAM – Outstanding certificate for its entire property portfolio. The projects have already received the BREEAM – Very Good certification since 2013.
"The building stock is Europe's largest single consumer of energy, accounting for almost 40% of the EU's energy consumption and 36% of its carbon emissions. Thus, the reduction of carbon emissions from the buildings is essential for achieving the two major objectives of the EU included in the European Ecological Agreement: the 55% reduction of gas emissions by 2030 and the achievement of climate neutrality by 2050," says Ioan Bejan, Sustainability Manager of Genesis Property.
The company has already installed photovoltaic panels on the rooftop of YUNITY Park project in northern Bucharest. The park complies with the nZEB criteria as of this year, essential step for all buildings within its portfolio to become Zero Carbon Buildings (ZCB) by 2030.
“We are excited that all seven buildings in YUNITY Park will have the IMMUNE Building Standard™ - Resilient, 5 out of 5 stars. It is a major step in our mission to create healthy indoor spaces for both our employees and our tenants. We are able to demonstrate that IMMUNE is an innovative, essential option for any organization that puts people first and is prepared for the challenges of the future,” added Bejan.
The IMMUNE Building Standard includes an investment in the Healthy by Design system, which focuses on implementing operational and health rules in the built environment, with a positive impact on people's health, safety, comfort and quality of life at work.
Last November, Genesis Property became the first real estate company in the country to join the select community that supports the 10 Principles of the UN Global Compact (UNGC).
