Sustainability
We develope New skills, mindsets, and strategies that will enable us to effectively meet client needs and deliver value.
Powering Progress sets out Auvoria Prime’s strategy to accelerate the transition of our business from Offline to Online, in step with society. It is designed to integrate sustainability with our business strategy.
What sustainability means at Auvoria Prime.
- The term ‘sustainability’ has been overused in the last few years as remark for transparency and excellency. When we talk about sustainability, we have to think about the future, as the capacity to create a sustainable system balanced between productivity and environmental respect. The United Nations talked about sustainability as “the economic development that meets the needs of the present generation without compromising the ability of future generations to meet their own needs”.
- The idea of an ecological business is raising up in the corporate agenda. Thinking about environment is intrinsic in the productivity concept. Companies and brands must think how to supply more sustainable products, and this is a must that also the real estate market has to be aware of. Sustainable properties are increasingly required and the governments are now creating advantages for companies which are increasing energy conservation, recycling and reducing natural resources. Governmental programs are a good way for organizations to save money and strive to a degree of ecological ethics: certain local governments recognize the importance of the green agenda and offer tax incentives to encourage sustainable practices that reduce waste disposal, water use and energy demand.
- Almost all commercial properties in Germany are sub metered due to regulations and policies. If a landlord does not sub metered a tenant’s space, and instead grosses up building consumption and bills on a pro rata basis, the tenant can deduct 15 to 20 percent from the landlord’s bill based on city legislation. Major cities in Germany have all enacted this policy. This regulation provides landlords with a strong incentive to submeter.
- In the near future, the real estate sector needs to consider an increase of regulatory pressures on their operations, such as carbon accounting. The new European trend is green, so it’s clear that companies must begin to be involved more and more in the green technologies spirit in their short and long term strategies to satisfy the demand of investors and tenants.
- Berlin and Copenhagen are the world leading cities for a sustainable economy, they are the perfect example of how green initiatives can boost economic growth. Also Hamburg (Germany) received numerous local and global industry awards for efficient and modern architecture, as well as for interior building systems and technology.
Our strategy
- Today, we continue to build on these foundations while driving change across the organisation to help society meet its most pressing challenges, including those related to climate change, the environment, diversity and inclusion, and human rights.
- We seek the views of various groups and individuals about the role of a company like Auvoria Prime in addressing these challenges. Our efforts are informed by major international agreements and initiatives, such as the Paris Agreement and the UN's Sustainable Development Goals.
- In February 2021, we announced Powering Progress, that sets out Auvoria Prime’s strategy to accelerate the transition of our business from an Offline to an Online platform, in step with society. Powering Progress is designed to integrate sustainability with our business strategy.