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ENVIRONMENTAL POLICY

The company’s role is twofold: on the one hand, to protect the natural

resources affected by its activity as manager of an important and diversi-

fied property portfolio, and, on the other hand, with regard to the activity of

its own staff, behave as a responsible company and reduce its ecological

footprint in a lasting manner.

The company’s role in improving the environmental efficiency of the prop-

erty portfolio varies from segment to segment, depending on the type of

investment:

at the acquisition stage, by choosing buildings with an acceptable

level of sustainability;

during construction, by setting ambitious sustainability criteria;

during large-scale renovations, by improving the energy

performances;

when managing buildings, by ensuring a better control of

consumptions.

When Cofinimmo does not control a part of the life cycle of a building, as is

the case of healthcare and distribution network properties, the company

acts as a consultant and strives to raise awareness.

ISO 14001:2004

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Cofinimmo’s Environmental Management System has been ISO 14001:2004

certified since 2006, and its scope was expanded in 2010 to include the

management of its office portfolio and the Project Management (major

works and renovations) for all types of buildings. The certification has

been translated into environmental targets, which are reachable and

measurable by means of specific performance indicators. Cofinimmo’s

three main commitments in this regard are:

compliance with environmental regulations and other requirements;

continual improvement;

prevention of pollution.

HEADQUARTERS MANAGEMENT

The success of a sustainable development policy depends first and fore-

most on employee awareness and developing the company’s culture.

Improving headquarters management is a key element. The most impor-

tant issues are:

MOBILITY WITHIN THE COMPANY

As travel represents approximately 70% of its carbon footprint, Cofinimmo

pursues year after year initiatives in terms of mobility: reducing the aver-

age CO

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emissions of the vehicle fleet, raising awareness by publishing

fuel consumption data, providing a shared electric vehicle, promoting car-

pooling and alternative modes of transportation, etc.

WASTE MANAGEMENT AND PAPER MANAGEMENT

Cofinimmo encourages its staff to reduce and sort waste.

The company encourages the sending and processing of documents

electronically in order to reduce the volume of printed material: electronic

approval of invoices, electronic archiving of documents, centralisation and

reduction of the number of printers, digital payslips, reduction of the num-

ber of paper copies of this Annual Financial Report.

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ISO 14001:2004 specifies the requirements of an Environmental Management System enabling an organisation to develop and implement a policy and objectives that take into account

legal requirements and other obligations to which the organisation has subscribed.

Souverain/Vorst 23-25 – Brussels

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Management Report