White Star Real Estate publishes first ESG report

20
Dec
2023
News - White Star Real Estate publishes first ESG report #ESG #Poland #sustainability #White Star Real Estate

by Property Forum | Investment

White Star Real Estate has published its ESG report for the year 2022, which includes a review of activities related to the areas outlined in its ESG Policy: environmental, social and corporate governance. Despite no legal obligation to prepare a non-financial report for 2022, the company opted to create a report in reference to the Global Reporting Initiative (GRI) guidelines.


"Sustainable development is a key priority for us – constructing and maintaining facilities aligning with the highest environmental, social, and ethical standards. We regularly assess project quality based on BREEAM certification standards. Notably, our commitment to sustainable development was evident in the release of our first Sustainable Development Report, coinciding with the 10th anniversary of receiving the initial BREEAM final certificate for The Park Warsaw. This milestone occurred at a time when few companies paid attention to green building certifications", said Agnieszka Wójcicka-Krupa, Sustainability Manager at White Star Real Estate. 

By the end of 2022, over 85% of White Star Real Estate's investment portfolio buildings held BREEAM or LEED certification.

"Investing in environmentally friendly solutions in construction represents a conscious effort to shape our environment positively and enhance the quality of life for those inhabiting or using our buildings. Despite no legal obligation for a non-financial report in 2022, we analysed our environmental impact. As a socially responsible company, we aim to inspire the industry toward sustainable development. Through this analysis, we draw conclusions to improve our future practices”, added Agnieszka Wójcicka-Krupa.

In accordance with WSRE's ESG Policy guidelines, the company monitored greenhouse gas emissions in Scope 1 and 2, following the GHG Protocol in 2022. Future plans involve expanding the analysis to include indirect emissions in the value chain (Scope 3), such as waste management, business travel, and employee commuting.




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  • Premium office operator Hotspot has expanded its flexible workspace footprint within Bucharest's The Mark building by approximately 700 sqm to meet rising corporate demand. The expansion brings the total area of private office and coworking spaces at the Hotspot Workhub sites to approximately 2,552 sqm.
  • Stook Concept has leased a 3,600 sqm module within building C2 at the MLP Bucharest West logistics centre. The facility comprises approximately 3,500 sqm of warehouse space and 100 sqm of offices. The building is in its final construction phase, with handover scheduled for later this quarter. Colliers represented the tenant in the transaction.

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  • Speedwell has expanded its industrial and logistics team with the appointment of Valentin Achim as Leasing and Property Manager for Industrial Developments. Achim brings extensive experience in coordinating commercial and operational activities within the logistics and industrial sectors. In his new role, he will oversee the development and expansion of the company's Spaceplus platform.
  • Colliers has appointed Kata Mazsaroff, Tamás Beck, and Miklós Ecsődi as Equity Partners in Hungary, effective 30 April 2026. Mazsaroff, who joined in 2007, rises to Managing Partner after overseeing a 200 per cent revenue increase since her 2022 appointment as Managing Director. Beck, with Colliers since 1994, has led the Industrial & Logistics division since 2005, facilitating transactions covering 1.9 million sqm of built space and 9.8 million sqm of land. Ecsődi, Head of Occupier Services and Office Agency since joining in 2011, has secured over 450,000 sqm in leases valued above €600 million.


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