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ESG
Grupo Lar is committed to ESG to help us achieve our objectives and to encourage change in our working methods to ensure that we leave a responsible footprint on our environment.
We are clearly committed to respecting the environment and to transparency in our relationship with suppliers and customers.
Sustainability
The best endorsement of our sustainability is our 50 years of history. We are committed to ethics, and to the effort and commitment to doing things better thanks to solid management practices, focused on generating value for our investors, customers and employees at all times[…]
1. Committed to the environment:
- 100% of shopping centres with BREEAM certification.
BREEAM certification in our residential developments. - 100% of the retail portfolio 1 certified to ISO 14001 and 45001.
- Development of an ESG Master Plan since 2021 for the rental housing vehicle in partnership with Primonial Reim.
- Energy Efficiency Plan.
- Waste Management Plan, Circular Economy principles.
- 100% of the energy consumed by Lar España is guaranteed to be of renewable origin.
- Grupo Lar aspires to be a 100% sustainable company and shares the Sustainable.
- Development Goals SDGs.
- Use of materials with sustainability certificates, from local suppliers and recycled materials.
- Reuse of natural resources such as rainwater and sunlight.
- Design of larger green areas to reduce CO2 emissions.
- 4th year with EPRA Gold Award Certification for Lar España for the quality of its ESG reporting.
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1. With operative control
2. Contributing to Society:
- Equality and Diversity Policy being developed as part of the new Equality Plan 2022.
- Workplace Health and Safety Policy.
- Training and activities aimed at promoting the health and well-being of employees.
- Career Plan to enhance the professional development of our employees.
- Collaborations with NGOs and solidarity-based organisations, volunteering activities with our employees.
- Fundación Altamira Lar: More than 140 projects funded, more than 2.5 million € and over 300 people involved (Know more about our Altamira Lar Foundation).
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1. IBEX Gender Equality Index in Lar España
3.Corporate Governance:
- Company Code of Ethics signed by 100% of employees.
- Internal control structure and training for our employees to guarantee the prevention of criminal conduct and breaches of the law in all company activities.
- Criminal Compliance Policy.
- Internal Communication Channel.
- Prevention of Money Laundering and Financing of Terrorism Policy.
- A member of the United Nations Global Compact.
- Labour Standards Policies:
- o Working conditions policy
- o Recruitment and selection policy
- o Training policy
- o Skills assessment policy
- o Annual objectives policy
- o Fringe benefits and flexible compensation policy
- o Occupational health and safety policy
- o Teleworking policy
- o Health insurance policy
