ESG Report 2024

We are optimistic about a bright and promising future, where we aim for sustainable growth while actively contributing to a more ecological and ethical world.

Our ESG journey is a continuous endeavour, filled with ambitious challenges. Together with our team - the driving force behind our success - we are committed to building a more sustainable future for all. Befimmo is proactively preparing for upcoming regulations. Our efforts have culminated in an enhanced and ambitious ESG strategy for 2024-2030, fully in line with European Sustainability Reporting Standards.

Present and future

Our ambition is clear: to be compatible with the transition to a sustainable economy and with limiting global warming to 1.5°C, while contributing to the objective of making the EU climate neutral by 2050, in accordance with the Paris Agreement

Read the word of our CEO and CTSO

39

targets in our 2030 Action Plan

21

Environmental targets

15

Social targets

3

Governance targets

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ESG Report 2024

ESG is an opportunity to innovate, lead, and create spaces that stand the test of time.

Delia Agneessens — ESG Coordinator

Environment

Befimmo aims to mitigate, protect and prevent environmental threats, both today and for generations to come. Our ambition is clear: to be compatible with the transition to a sustainable economy and with limiting global warming to 1.5°C, while contributing to the objective of making the EU climate neutral by 2050, in accordance with the Paris Agreement.

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10%

Reduction of absolute scope 1 & 2 GHG emissions (vs 2019)

13%

Reduction of the water consumption (vs 2019)

100%

of operational waste diverted from landfill

78%

of buildings that offers real mobility solutions

Social

Sustainable, ethical behaviour and wellbeing are of paramount importance for overall motivation and productivity. Our ambition is to provide attractive, efficient and sustainable spaces, designed to improve people’s wellbeing while contributing to the revitalisation of neighbourhoods.

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100%

Inclusive approach during hiring process

3.9

Minimal days of training per employee per year

81%

Team satisfaction rate

8

Number of philanthropic activities per year

Governance

Good governance is essential for the undertaking as it ensures accountability, transparency, and ethical decision-making, which builds trust among stakeholders and mitigates risks. It enhances financial performance, supports long-term strategy, attracts investment and fosters a positive reputation.

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86%

of suppliers are located in Belgium

2%

of suppliers are located outside Europe

0

Cases of corruption reported during the year

0

Human rights violations

Shaping a sustainable and fair future since 2008

Since its creation in 1995, Befimmo has continuously invested in sustainable and qualitative buildings, offering its tenants attractive and flexible working, living and mixed-use spaces with a reduced ecological footprint. The operational scope has been widely extended throughout the years to rise to our society’s biggest social and environmental challenges.

ESG Since 2008