Covivio strengthens its commitment to biodiversity and climate, and publishes its Nature Report

The formalization of this strategy is the result of more than two years of work, informed by an in-depth diagnosis of the impacts, risks, opportunities and dependencies related to nature. These analyses were carried out with the assistance of a specialized firm and were based on reference standards, in particular following the recommendations of the TNFD (Taskforce on Nature-related Financial Disclosures). A strategy to 2030, which forms the basis of Covivio’s vision on environmental issues and demonstrates the group’s renewed commitment to ecological transition.

A new Nature strategy structured around 3 pillars

Pillar 1 – Avoiding the degradation of natural habitats

Two-thirds of Covivio’s biodiversity impacts are linked to land artificialization, but also and above all, to the upstream part of the value chain, in relation to the extraction and processing of raw materials. Limiting land development, strengthening traceability and defining demanding standards for key materials are major areas of work for Covivio, which is working to dissociate its real estate model from any additional degradation of natural habitats.

Key objectives for 2030:

Pillar 2 – Reducing resource consumption

In line with its long-standing energy, water and carbon targets, Covivio intends to reduce the consumption of natural resources associated with its activities. This pillar is based on two levers of commitment: reducing the use of new raw materials by developing the circular economy, and offering buildings that are water- and energy-efficient. Beyond reducing the group’s environmental impact, these commitments make it possible to strengthen the group’s resilience to risks related to nature and to improve customer satisfaction by reducing their consumption.

Key objectives for 2030:

Pillar 3 – Contribute to improving biodiversity in cities

Covivio wants to play a role in the redevelopment of Nature in the city, through soil preservation, the development of solutions to accommodate biodiversity in its operations, but also the creation of a “culture of biodiversity” among its teams and its customers, by raising their awareness of the subject.

L’Atelier, an exemplary renovation in the heart of Paris

The renovation of this 6,500 m² building complex, which historically housed offices and a telephone exchange, was carried out using the highest environmental standards (HQE BD Excellent, BREEAM Excellent, OsmoZ, R2S, BiodiverCity).

Integration of the building into its environment

The 2,100 m² plot, which has been fully built on and previously lacked greenery, now has around 1,000 m² of accessible outdoor space, almost half of which has been planted. The assistance of an ecologist has made it possible to optimize ecological continuity and rainwater absorption.

In collaboration with Atelier Tissot, devices capable of supporting significant thicknesses of earth have been designed to accommodate dense plantings, which help to reduce the effects of urban heat islands in summer. The species selected harmonize with the two distinct constructions and their orientation, while taking into account solar exposure.

The development of these outdoor spaces contributes to the recovery of biodiversity in the city, respecting the web of life (flora and fauna), thanks to a rigorous approach that has notably led to the award of the BiodiverCity label. These spaces also constitute a place of enjoyment for employees and a lever for raising awareness of nature issues.