The company has demonstrated its resource savings capacity through sustainability practices that have contributed to good economic results.
In 2017, Sonae Sierra invested in improving the eco-efficiency of its shopping centers in most of the key indicators, reaching, over the year, 68% of its sustainability goals and actions and partially 11%. The implementation of energy efficiency measures, water and waste applied in the last 15 years has meant to avoid more than €24.5 million of operating costs, only in 2017.
Sonae Sierra reports that since 2003, has improved in its portfolio the efficiency of water use by 23% and electric efficiency by 47%. The proportion of recycled waste has been increased by 239% since 2002 and the waste sent to landfills has decreased by 68% since 2007. In addition, the company has reduced the intensity of GHG emissions by 79% since 2005. In terms of safety and health, Sonae Sierra has reduced the severity of workplace accidents and occupational diseases by 72% since 2005.
The company has obtained the ISO 14001 environmental management certification in 26 completed construction projects and 42% of its operational shopping centers. It has also obtained OHSAS 18001 certifications of health and safety management in 10 construction projects and 38% of its operational shopping centers, as well as Green Building certifications for 7 new projects under development and operational shopping centers.