Sonae Sierra saves €24.5M thanks to its sustainability measures

Sonae Sierra saves €24.5M thanks to its sustainability measures


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.

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