Modern residential building with balconies on street corner

Environmental
Social
Governance

Modern residential building with balconies on street corner
Modern residential building with balconies on street corner
Modern residential building with balconies on street corner

Environmental
Social
Governance

Building the future.

Investing in the future.

Sustainability is an attitude. And now a relevant competitive factor. We are responding to this with foresight and want to make our corporate contribution to the transformation of the real estate industry through responsible investments and contributions to sustainable, identity-building urban development.

As a construction and real estate company, we understand our influence on sustainability and align our actions accordingly. We start where we can have a significant impact: in our real estate development. We use ESG criteria to consider the entire life cycle of real estate. At the same time, it is important to anchor sustainability strategically at a higher level and integrate it into all areas of the company. Good, value-based corporate governance enables us to implement high ESG qualities in our product. Ultimately, this benefits everyone: investors, users, business partners, local authorities and us as a company.

ESG is

Value.
Strategy.
Risk adjustment.

The current high and complex sustainability requirements call for a consistent strategy that takes into account the entire life cycle of real estate and promotes sustainable business practices. Only in this way can we create the real estate values that Livory stands for and wants to continue to stand for in the future. Taking ESG into account in our business activities enables us to actively manage risks. Sustainability is also a key competitive factor. As a business opportunity, it permeates our business activities comprehensively and is therefore of strategic importance.

Regardless of this, the Livory Group has agreed on minimum sustainability standards that will be implemented in all new project developments from 2024 onwards and will serve as guidelines for sustainability qualities in project development:
 

  • EU taxonomy compliance
  • DGNB Gold certification

Core Principles

Core Principles

Our industry is undergoing a transformation. We are faced with the challenge of operating in a way that is renewable, climate-friendly, and nature-positive. Cities, neighborhoods, and buildings should be healthy and resilient living spaces.

The Livory Group pursues 10 basic principles in its project development that are goal- and impact-oriented.

Good corporate governance with strong values is the basis for real estate that reflects these qualities.

In particular, this means:
 

  • Ethically responsible and value-based actions to build trust
  • motivation and commitment
  • forward-looking risk management
  • comprehensive compliance management to prevent corruption, money laundering, and illegal employment
  • diversity in management and teams
  • stakeholder-oriented transparency on sustainability performance
  • remuneration of management and employees linked to sustainability targets.

Real estate binds more greenhouse gases than it emits over its life cycle.

Real estate can be adapted to future usage requirements.

Real estate promotes biodiversity at its locations and in its supply chains.

Real estate provides healthy living and working environments.

Real estate creates identity and promotes community.

Real estate is planned and developed according to the principles of the circular economy.

Real estate is an energy producer, not an energy consumer.

Fresh water consumption is reduced and substituted in real estate.

Real estate is adapted to location-specific climate risks.

Real estate is planned and developed based on demand.

Agenda 2030

& Sustainable Development Goals

Livory is committed to Agenda 2030. We can make a substantial contribution to 8 of the 17 goals through our business activities. The prioritized goals and sub-goals are integrated into our overall strategy, managed, and monitored.

In Agenda 2030, the United Nations has defined priorities and goals in the form of 17 Sustainable Development Goals (SDGs) that serve as a roadmap for a sustainable future for the global community. The 2030 Agenda aims to preserve our natural resources and enable a dignified life for all people worldwide. The business community is also called upon to contribute to achieving the goals by 2030 through its investments, solutions, and business practices.

 

Partnerships

Sustainability transformation is achieved through collaboration. That is why we engage in dialogue with leading partners and networks in the real estate industry.
Our partners