Befimmo’s Sustainable Development policy is its response to a global citizen trend (private shareholders, institutional investors, rental customers, the legislature, public opinion) designed to demonstrate that it manages its activities in a reasonable and responsible way.

Its approach in this area is pragmatic, constantly seeking a good balance in the use of human and financial resources, and allocating them to ensure maximum added value.

Sustainable Development rests on three main interdependent pillars: economic, environmental and social factors. In view of the nature of its activities, Befimmo has identified the environmental pillar as the one where the business has most impact.

Based on a benchmarking study to determine the business’s ranking in the real-estate sector in the field of Sustainable Development, in 2008 the Company began implementing an Environmental Management System (EMS) based on ISO 14001, in order to follow a global approach in the field and to ensure that its operational priorities were brought into line with the development of the business’s activities.

1. abiding by the applicable environmental regulations;

2. developing an approach that is sensitive to environmental impact;

3. ongoing assessment and improvement of its overall environmental performance;

4. promoting respect for the environment among its tenants, within the limits of its competence;

5. setting up effective communication systems in order to ensure optimum coordination of its subcontracted activities (building managers and maintenance companies).

Befimmo is aware of the importance of communication with stakeholders about progress on Sustainable Development and of the work that remains to be done in that area. Befimmo intends to gradually comply with Global Reporting Initiative (GRI) standards.