Languages

ESG

Performance & data

Benchmarks and awards

Cofinimmo’s ESG commitments are of central importance in its strategic priorities. The company has economic responsibilities towards its client tenants, social responsibilities towards its employees and civic responsibilities towards society and the environment. Corporate Social Responsibility is embedded in the organisation, as evidenced by the application of ESG reporting guidelines (GRI, sBPR EPRA, Euronext ESG) and by assessments (GRESB, SustainAlytics, MSCI ESG, Vigeo Eiris, Standard Ethics, BREEAM).

Scores Latest rating Initial rating Evolution
Sustainability reporting

2021
Gold Award for the transparency and the quality of the group’s communication towards its shareholders and stakeholders

Gold


2012

Gold

Gold

Gold

2019

2020

2021

gresb

2021
Green Star with a score of 70%
(with peer average being 65%)

45%


2014

70%

67%

70%

2019

2020

2021

gresb

2021
B (on a scale from A to D-)

C


2013

B

B

2019

2020

2021

gresb

2022
12.0 (Low risk)

15.1


2019

14.9

12.6

12.0

2020

2021

2022

gresb

2021
AA1 (on a scale going from CCC to AAA)

BBB


2013

A

A

AA

2019

2020

2021

gresb

2022
Prime with a score of C
(on a scale going from D- to A+)

D


2013

C

C

C

2020

2021

2022

gresb

2021
49 (vs. 30 average real estate sector)

49


2021

44

49

2019

2020

2021

gresb

2021
58% (Robust)
Environment: 67%, Social: 51%, Governance: 61% (i.e. above sector’s average rating)

58%


2019

58%

59%

58%

2019

2020

2021

gresb

2020
EE+ (Very strong)
(on a scale going from F to EEE)
SE Belgian Index & SE Best in Class Index

EE+


2015

EE+

EE+

EE+

2018

2019

2020

gresb

2020
Excellence Europe
Ethibel Sustainability Index (ESI)
based on Vigeo Eiris

EU
Excel.


2018

EU
Excel.

EU
Excel.

EU
Excel.

2018

2019

2020

gresb

2022
BREEAM or HQE - Good to Excellent (10 sites)2
BREEAM in Use - Good to Very Good (7 sites)2

1
site


2010

8
sites

15
sites

17
sites

2020

2021

2022

gresb

2021
0.75 GDI rating (ranking 3rd place in Belgium)

18th


20183

0.86

0.81

0.75

2019

2020

2021

gresb

2021
Equileap
55%

58%


2019

58%

55%

2019

2020

2021

Sustainability reporting

2021
Gold (on a scale going from Standard to Gold)

Stand.


2012

Gold

Gold

Gold

2020

2021

2022

1 Disclaimer statement – The use by Cofinimmo of any MSCI ESG RESEARCH LLC or its affiliates (“MSCI”) data, and the use of MSCI logos, trademarks, service marks or index names herein, do not constitute a sponsorship, endorsement, recommendation, or promotion of Cofinimmo by MSCI. MSCI services and data are the property of MSCI or its information providers, and are provided ‘as-is’ and without warranty. MSCI names and logos are trademarks or service marks of MSCI.

2 A growth policy is applied for BREEAM or BREEAM-equivalent certification favouring the certification of buildings not certified in the past, which goes beyond a simple extension of the certifications already obtained. The number of buildings that have thus obtained BREEAM or BREEAM-equivalent certification at one time or another amounts to 32.

3 No GDI rating available for 2018, on the worlwide ranking (out of 600 companies).

Certifications

Property
Bruxelles Environnement Excellent BREEAM
Woluwe 58* Very Good BREEAM In-Use
Leuze-en-Hainaut Good BREEAM
Belliard 40 Excellent BREEAM
Quartz Excellent BREEAM
Guimard 10 Very Good BREEAM
Park Hill 20 Good BREEAM In-Use
Hôpital SSR - Chalon-sur-Saône Excellent HQE
Vigo Very Good BREEAM
Oleiros Excellent BREEAM
Keiheuvel - BALEN Very Good BREEAM In-Use
Eden Park - AALST Very Good BREEAM In-Use
Dilhome - DILBEEK Very Good BREEAM In-Use
Puthof - BORGLOON Very Good BREEAM In-Use
Serrenhof – SINT TRUDEN Very Good BREEAM In-Use
Cartagena Excellent BREEAM
Lérida Excellent BREEAM

*Certificate renewal is in progress.

Energy Performances (on 31.12.2021)

Segment Country

Country
coverage

Number of
buildings
assessed
Weighted average score
depending on the area
(in kWh/m²)
Healthcare real estate Belgium 15 % 21/88 201
Healthcare real estate France 86 % 44/53 359
Healthcare real estate + MOB The Netherlands 96 % 45/46 216
Healthcare real estate Germany 90 % 42/44 125
Healthcare real estate Others 87 % 34/35 265
Property of distribution networks 14 % 198/1,080 152
PPP 23 % 10/14 267
Offices 44 % 26/62 197