CPI Property Group Releases 2024 Sustainability Statement

CPI Property Group, a key player in the European real estate market, has published its 2024 sustainability statement. The report aligns with the EU Taxonomy and meets the Corporate Sustainability Reporting Directive and European Sustainability Reporting Standards, receiving limited assurance from Ernst & Young. The Group achieved an 'A' score in Climate Change by the CDP, indicating leadership in environmental efforts.

CPI has set 16 ESG goals, with a particular focus on reducing greenhouse gas emissions intensity by 32.4% by 2030, validated by the Science-Based Target initiative. In 2024, the Group surpassed targets by reducing total GHG intensity by 29.6% more than expected. Water intensity and recycling also saw improvements.

Socially, 39% of CPI's portfolio was certified green. The Group also boasts a notable representation of women in top management, making up 35% of leadership roles. On governance, CPI introduced policies reviewed by White & Case and welcomed a fourth independent board member, enhancing governance.