ESG since 2008

In 2008, Befimmo took significant steps towards environmental sustainability by creating its first environmental policy.

The appointment of a dedicated Environmental Officer within the project team, as well as obtaining the first BREEAM certificate for our ‘Triomphe’ building, amongst others, underscored our commitment to sustainable business practices, setting the foundation for future ESG strategies.

In 2013, Befimmo founded its Corporate Social Responsibility (CSR) department, broadening its focus beyond environmental concerns to embrace a more holistic approach. The new CSR policy encompassed four key pillars: Environment, Team, Tenants, and Governance, with 14 specific priorities and targets.

This marked a significant shift towards a human-centric strategy. This transformation reflected our commitment to creating sustainable, people-focused real estate solutions.

In 2016 and 2017, Befimmo refined its CSR policy by aligning with international frameworks, including the UN Global Compact, COP21 Paris Agreement, and UN Sustainable Development Goals (SDGs). We increased our focus on transparency, participating in assessments like GRESB to systematically identify and improve our sustainability performance across the organisation.

In 2018, Befimmo fully integrated its CSR strategy into business decision-making, systematically accounting for environmental, social and governance factors in strategic choices like disposals, acquisitions and renovations.

Two flagship projects exemplified this approach: Quatuor and Central, both strategically located in Brussels with excellent public transport access and advanced sustainability features.

In 2022, Befimmo comprehensively reviewed its CSR policy, intensifying its environmental, social, and governance targets. These newly established targets were strategically aligned with the EU Green Deal's 2050 objectives, demonstrating our commitment to systemic, long-term sustainable transformation.

In 2023, Befimmo expanded its ESG commitment beyond internal operations by actively engaging its supply chain. We began rigorously evaluating the ESG performance of our most significant suppliers, requiring them to sign a Code of Conduct that reflects Befimmo's sustainability principles.

In pursuit of its long-term sustainability vision, Befimmo has developed an ambitious 2030 ESG Action Plan designed to significantly accelerate its environmental, social and governance commitments. 

Building on years of progressive strategic development, we aim to set new industry standards for a responsible real estate management.