Sustainability

Alma Property Partners is committed to regularly evaluating Environmental, Social and Governance issues and taking action, both short-term and long-term, to improve the sustainability and operational efficiency of the property investments. All ESG actions must be consistent with the financial and operational objectives expected by key stakeholders. Alma is a member of the UN-supported Principles for Responsible Investment (“PRI”) since 2020 and we are committed to the six principles reflecting responsible investment practices. As part of our membership with PRI, we commit to:

    • incorporate ESG issues into investment analysis and decision-making processes;
    • be active owners and incorporate ESG issues into our ownership policies and practices;
    • seek appropriate disclosure on ESG issues by the entities in which we invest;
    • promote acceptance and implementation of the Principles within the investment industry;
    • work together to enhance our effectiveness in implementing the Principles; and
    • report on our activities and progress towards implementing the Principles.

Responsible investing is integrated into Almas’s investment processes which consider environmental, social and corporate governance factors in all investment decisions to better manage risk and create sustainable, long-term results, as reflected in our Responsible Investment Policy.

Sustainability Report 2023

To our Sustainability Report 2023.

Environmental property certification

Alma Property Partners have an ambition to obtain an environmental certification of our properties, where economically sustainable. At present the office buildings Keilaranta 4, 6 and 8 in Espoo are certified according to BREEAM In-use to the level of Excellent. Our Häggvik necessity retail asset in greater Stockholm is certified according to BREEAM In-use to the level of Excellent. We have also certified our residential project Lyskær in greater Copenhagen with DGNB-gold and two other residential projects in Denmark will be certified with DGNB-gold upon completion.

Managing our environmental footprint

Electricity, heating, cooling and water consumption are measured at each property. We are taking measures to reduce our energy consumption and environmental impact during our ownership and assist tenants to do the same.

Alma Property Partners is actively looking to install solar panels on new construction projects and renovations. At present, solar panels have been installed in our retail projects in Laholm and Åmål with several new installments in the planning phase.

Where it is deemed to support the business plan or the tenants, electrical vehicle charging stations will be installed. For instance, in investments relating to retail and fast-food restaurants.

Sustainable Finance Disclosure Regulation (SFDR) Disclosures

Statement on sustainability-related disclosures in the financial services sector, regulation (EU) 2019/2088 of the European parliament and of the council of 27 November 2019 on sustainability-related disclosures in the financial services sector.

Integration of sustainability risks in the investment decision making process

Alma Property Partners (“Alma”) is an Alternative Investment Fund Manager (AIFM) and signatory to the UN-supported Principles of Responsible Investment and adheres to the Principles for Responsible Investment (PRI) which is applied in the processes for decision-making, responsible investments, due diligence and reporting. Alma evaluates sustainability risk in our Due Diligence and investment decision-making process in accordance with its Responsible Investment policy and Risk Management Policy.

Remuneration policies in relation to the integration of sustainability risks

Sustainability risk is considered in the remuneration of key personnel that make investment decisions or provide investment advice. Compensation to employees must comply with Alma’s renumeration policy and Responsible Investment policy.

Consideration of principal adverse impacts of investment decisions on
sustainability factors

Alma considers the principal adverse impacts of investment decisions on sustainability factors as part of its investment analysis due diligence process. Alma has incorporated the requirements of the EU Sustainable Finance Disclosure Regulation (SFDR) into our fund and investment management practices. For entity level PAI disclosures, please see our consolidated statement on principal adverse impacts on sustainability factors for the reference period from 01 January – 31 December 2023

SFDR PAI Disclosure 2023: Statement on Principal Adverse Impacts of Investment Decisions on Sustainability Factors

Product-Level Disclosures

Alma Property Partners II AB

Alma Property Partners III AB

Code of Conduct

Supplier Code of Conduct