The Real Estate Sector Has the Opportunity to Make an Impact
The real estate industry has a significant opportunity – and also a responsibility to promote the sustainability of the society. The most notable environmental impacts of the industry are the climate effects caused by energy and material use throughout the lifecycle of buildings. The well-being of property users, our own staff, and employees throughout the value chain are also essential themes. Responsible procurement and ethical conduct lay the foundation for sustainable operations in the eyes of key stakeholders.
Sustainability Work is Led by the Sustainable Development Group
Kielo is part of Nyfosa, a company listed in Sweden. The group’s most important sustainability goals relate to reducing energy consumption and emissions and improving energy efficiency. Kielo is committed to the group’s shared objectives.
Within the group, sustainability work is led by the Sustainable Development Group, which includes the group’s CEO and representatives from management in technical and sustainable development, finance, real estate, and legal affairs. Kielo also has a representative in the Sustainable Development Group.
The group is responsible for compliance with and updating the sustainable development policy, developing strategy, and fulfilling the conditions for green financing. Kielo’s operations are guided by, among other things, the Employee Code of Ethics, Supplier Code of Ethics, and Sustainability Policy.
Kielo is committed to the following initiatives in its sustainability work: UN 2030 Agenda for Sustainable Development and The Ten Principles of the UN Global Compact.
Kielo has a corporate Whistleblower channel in use. Kielo encourages its stakeholders to report any unethical or questionable practices they observe or suspect immediately. Anyone can report possible misconduct through the channel.
ESG
ESG is short for Environmental Responsibility, Social Responsibility and Good Governance.
Environment: Energy efficiency and emission reduction
Kielo always strives to minimize the environmental impact of its owned properties and spaces. Work is carried out at different stages of the lifecycle.
Environment: Biodiversity
Biodiversity work supports the preservation of existing grass areas and the creation of new areas for pollinators on properties.
Social Responsibility: Well-being of Kielo Employees
Kielo takes care of employee well-being and provides an encouraging work environment that promotes participation and supports personal development.
Good Governance: Ethical conduct and compliance
Kielo takes responsibility as an employer, landlord, and borrower, and acts responsibly towards stakeholders and society.
