At Northern Horizon, we pay special attention to the environmental, social and governance aspects of
what we do.
ESG is integrated in our business decisions and operations and is regarded a core strategic measure.
Our sustainability commitments
Paris Climate Agreement
The Paris Climate Agreement was signed in 2016, committing the world to limit average warming to well below 2 degrees Celsius above pre-industrial levels. As a business owner, we have aligned our business strategy and actions to commit to the global goal.
We are committed to reducing our carbon footprint, to enhancing the energy efficiency of our properties, and to building resilience to climate change. We do this by investing in the most energy-efficient and least environmentally impactful construction projects.
We are also focused on establishing green zones for biodiversity and for social wellbeing.
Sustainable Development Goals
To achieve the sustainability goals, we have set clear and measurable targets. These targets contribute to nine UN Sustainable Development Goals - UN SDGs 5, 6, 7, 8, 10, 11, 12, 13 and 16.
SFDR and EU Taxonomy
In 2021, we classified our funds under SFDR Article 8 committing to be ‘light green’ funds. We have started preparations to be able to report on our EU Taxonomy alignment for 2022 to be transparent in SFDR disclosure.
Preparations include assessing the property portfolio in relation to the taxonomy criteria and thresholds, taking a more strategic approach and prioritizing property investments.