99 %
of residential and business property projects
are less than 500 metres from public transport links
CSR performance
The Group's extra-financial results are regularly monitored and reflect its performance in terms of corporate social responsibility (CSR).
CSR experts : performance monitoring
Recognised levels of performance
Altarea’s CSR performance is regularly assessed by extra-financial rating agencies. Analysis of our findings helps to ensure a non-stop improvement in performance.
S&P Global Ratings
Altarea has been evaluated by S&P for several years, and for the first time, was able to exchange with analysts from the agency to refine their initial assessment of the Group's practices. This work resulted in a significant increase in Altarea's rating. It should be noted that until now, S&P's work has focused on 70% of the Corporate Sustainability Assessment (CSA) questionnaire, limiting the possibilities for valuing the Group's performance. Starting next year, Altarea will respond to the entire questionnaire.
Sustainalytics
Altarea has maintained a stable rating since 2019 and Sustainalytics evaluates the Group's ESG risks as "low."
MSCI
Altarea was first evaluated in 2021 and received a score of A. Additionally, on environmental topics, MSCI placed the Group in the "Leader" category of its market.
Green Star 5* / GRESB
Since 2011, the Group has been voluntarily participating in the GRESB (Global Real Estate Sustainability Benchmark), the benchmark in the real estate sector for sustainable development with more than 1,200 companies and funds appraised around the world.
In 2021, Altarea confirms its Green Star 5* status and ranks 2nd in its category by achieving a score of 94/100.
This ranking attests to the Group's CSR performance over time. Since 2016, Altarea has achieved a score of 90/100 or higher.
In addition, Altarea receives an A rating for transparency, a guarantee of the quality of institutional publications, reliability and completeness of the CSR report.
Gaïa Rating / Ethifinance
The Gaïa Index comprises 70 companies providing outstanding guarantees for their ESG risk management.
The Group has been part of this index since 2017.
Prime status by ISS ESG
ISS ESG is one of the world’s leading extra-financial rating agencies.
In 2019, it once again awarded the Group “Prime” status
Award-winning projects
In November 2018, the CAP3000 refurbishment project received the 2018 Corporate and Environmental Award from the Ministry of Ecological and Solidarity Transition and ADEME, in the Biodiversity category.
This recognition emphasises the efforts undertaken to meet environmental and biodiversity demands, and more particularly, the partnership entered into with the League for the Protection of Birds (LPO).
Taking part in sectoral discussions
In order to collectively anticipate regulatory developments and share best practice in sustainability, the Group is an active member of several organisations :
Observatory of Sustainable Real Estate
Altarea is a founder member of the OID. This independent association of private- and public-sector actors in the commercial property sector seeks to promote sustainability in real estate.
International Biodiversity and Real Estate Council
Altarea has been an IPBC member since 2016 and is involved in this council which brings together real estate sector operators. Its objective is to promote best practices in urban biodiversity during the planning, design and construction phases.
In March 2018, the Group signed the BiodiverCity® Charter to bring nature into towns and cities. It requires its signatories to incorporate nature in urban development projects.
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Paris Action Climat Convention
The Group signed the Paris Climate Partnership Agreement in 2015, demonstrating its commitment to Paris achieving a successful transition towards a post-carbon city. In 2019, the Group renewed its commitment in the Charter to Gold level.
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Low-carbon prescribers' hub
Altarea joined this initiative in 2020. Its objective is to create an expert community equipped with highly operational tools, to establish a low carbon culture in the business and to inform the business about the optimum carbon/cost ratio.
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Low Carbon Buildings
Altarea is a founder member of the BBCA. Its goal is to reduce the carbon footprint of buildings.
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Re-use’s Booster
Altarea joined this initiative launched in 2019. It works to organise, structure and massify the supply and demand for reuse materials in real estate with its Looping platform.
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