Our
commitment
to environment
We strongly believe that making the right environmental decisions leads to better investment outcomes and increased wellbeing of our stakeholders and society at large. We aim to continuously improve the environmental impact of our business.
Net Zero Target
Northern Horizon has set an ambitious target to reach net zero emissions from operations for all managed funds by 2030. This target includes Baltic Horizon Fund.
Key sustainability
measures
31,242 MWh
Portfolio energy consumption in 2023
7,529 CO2e
Portfolio GHG emissions in 2023
66,926 m3
Portfolio water consumption in 2023
-17%
Change in energy consumption over 2023
-17%
Change in GHG emissions over 2023
-23%
Change in water consumption over 2023
Reporting and
assessment
GRESB is a trusted industry-standard benchmark
GRESB
We are participating in the GRESB assessment. GRESB assesses the sustainability performance of real assets, including real estate portfolios.
In 2023, we received a 4-stars evaluation for the second time, and we continue to work on our goals to maintain the score.
2023 GRESB
performance
Baltic Horizon Fund achieved 82 out of a possible 100 points.
Baltic Horizon Fund
2023 Real Estate Assessment
A 100% BREEAM certified portfolio
In 2021, Baltic Horizon set a strategic ESG goal to have a 100% certified portfolio in 2023. The same year, all our office buildings received BREEAM certification.
In December 2023, we announced the successful BREEAM certification of the last retail asset thus achieving BREEAM certification of the entire asset portfolio before the end of 2023 as planned.
How we work with
sustainability
When looking into new investment opportunities, ESG aspects are an essential element in the decision-making process
When building properties, we aim for the most environmentally friendly materials and for energy efficiency
The majority of assets are certified according to widely used sustainable standards, such as BREEAM, LEED, and DGNB
We monitor and report our environmental KPI’s and performance
We focus on sustainable innovation to reduce carbon footprint
We have signed green leases (MOU) with our tenants
We incorporate sustainability in our everyday actions
We take action
In the Baltic Horizon team, we are committed to incorporating sustainability in our everyday operations by taking small but environmentally impactful actions such as choosing sustainably produced office-goods, energy-saving lighting, printing less, and recycling.
