Faced with the necessary transformation of its products, services, practices and governance framework, required by multiple societal issues, Gecina wanted to deliver a proactive and committed response through its CSR policy, with:
helping drive their growth chains and their own societal responsibility.
supporting collective and individual developments throughout its value chain.
To ensure that this policy is effectively followed and put into action, Gecina has incorporated CSR into its management processes, its operational departments' missions and its governance structure.
For each of the key issues identified in the four pillars - Portfolio, Planet, Employees and Society - Gecina has made commitments and set itself objectives since 2008 for 2012 and 2016. Action plans have been mapped out, focusing in priority on 10 issues positioned above the matrix’s materiality thresholds, where their management needs to be further improved. Performance indicators have been defined for each one and the results are regularly monitored and published each year.
Access the detailed dashboard monitoring Gecina’s performance.
CSR is an integral component within the governance and management of the company's strategy because the policy and results are presented to the Audit, Risks and Sustainable Development Committee and reviewed by the Executive Committee, while the action plans are monitored by the steering organizations within the Real Estate Holdings Division and General Secretary’s Office. The vast majority of projects are overseen directly by Gecina's operational units, with the exception of three cross-business projects led or jointly led by the CSR Department (responsible procurement, stakeholder dialogue and exemplary headquarters).
Gecina actively responds to requests from the leading sustainability rating agencies, covering both general agencies and real estate specialists. This approach is built around dialogue, continuous improvement and co-construction with expert analysts, as well as indirectly with investors. As shown in the chart below, the progress made with Gecina's ratings since 2009 reflects its ambitious CSR approach and the continuous improvements achieved by the Group in this area.
Furthermore, in order to provide useful CSR performance information to customers and prospects, Gecina have decided to be assessed by Ecovadis, a company specilized in producing objective CSR analysis. Gecina has been scored 81 out of 100 and reaches the "GOLD" recognition level, highest level of commitment. The details of this analysis are available by clicking here.