Sustainability
Overview
We breathe new life into buildings and neighbourhoods, delivering resilient real estate, efficient energy systems, and healthy, vibrant communities.
Impact Report
Our progress
We believe in transparency and accountability. Every year we take stock of progress in our annual impact report.
#1
49%
94%
We are driving the transformation of real estate, making buildings and neighbourhoods more resilient, efficient, and decarbonised.
Europe’s competitiveness, resilience, and security hinge on improving energy efficiency and utilising cheap, reliable, and clean energy sources. Real estate is uniquely positioned to support this agenda.
Key actions
- No new fossil fuel
Urban Partners is committed to not installing new fossil fuel equipment from 2025 onwards
- Renewable energy
Urban Partners is deploying decentralised renewable energy production and storage at scale
Improved energy efficiency drives greenhouse gas emission reductions. Improving the energy efficiency of buildings is also smart business: It improves competitiveness for our commercial tenants and it shields our residential tenants from high and fluctuating energy prices.
Key results
- Paris 1.5°C
Paris 1.5°C aligned for energy use intensity (real estate equity portfolio on average aligned with the CRREM 1.5°C EUI pathway)
Climate change from GHG emissions threatens ecosystems worldwide. Real estate and urban spaces alone account for +30% of global GHG emissions. Emissions come from both energy use in buildings (operational emissions) and from materials used in new construction and renovation (embodied emissions). Decarbonisation is embedded in our investment and asset management decisions, positioning us to assess both risk and value-creation potential throughout the investment lifecycle.
Key results
- Paris 1.5°C
aligned across embodied and operational emissions (real estate equity portfolio on average aligned with the CRREM 1.5°C GHG pathway and SBTi pathway for upfront embodied emissions)
Covering +90% of Urban Partners’ total footprint, our GHG targets include our own emissions (Scope 1+2) and our investments in real estate with discretionary mandates (Scope 3). Our GHG reduction targets are validated by the Science Based Targets initiative (SBTi).
Key targets (from a 2022 baseline)
- 70%
reduction of absolute Scope 1 and 2 emissions by 2030
- 80%
reduction of operational GHG emissions intensity by 2030
- 50%
reduction of embodied GHG emissions intensity by 2030
- 100%
of real estate portfolio companies need to have validated SBTs by 2030
Europe is facing a new reality – our security and prosperity depend on our ability to eliminate our dependence on fossil fuel imports and to increase energy efficiency, resilience and flexibility.
Our impact and value creation approach go beyond climate mitigation. We are committed to creating safe, liveable and thriving communities and neighbourhoods.
To keep pace, cities need new models of renewal - approaches that combine creativity, governance, and disciplined investment to unlock their full potential. Urban Partners approaches urban regeneration through long term, partnership driven investments focused on resilient and socially inclusive neighbourhoods.
Publications
- Report
Unlocking Sustainable Urban Regeneration in Europe, read it here
- Report
The Copenhagen Way: Building Europe’s future with resilient cities, read it here
We have established a partnership with C40 Cities, a global network of mayors from around 100 of the world’s largest cities, working to confront the climate crisis. The partnership is based on a strong mutual belief in the transformative power of cities to drive innovation, growth, and competitiveness.
Key action
- +20
15‑minute city pilot -projects focused on creating Green and Thriving Neighbourhoods
Demographics and lifestyles are changing rapidly. We have a long history of pioneering real estate solutions that cater for the evolution of modern life. Our solutions address needs across wellbeing, community, and liveability.
Key results
- +5,000
multigenerational housing units and senior living-facilities developed and managed
- Sustainable development goals
Pioneering the world’s first “village” built using UN's 17 Sustainable Development Goals as a framework
Nature provides vital services for humanity. Functioning urban ecosystems improve resiliency and liveability. Urban Partners is committed to staying Paris 1.5°C-aligned across embodied and operational emissions, reducing our biggest impact on nature.
- Paris 1.5°C
aligned across embodied and operational emissions (real estate equity portfolio on average aligned with CRREM 1.5° GHG pathway and SBTi pathway for upfront embodied emissions)
- +1500
residential units with communal, mixed-use outdoor areas
Cities stand on the front line of physical climate risks. For Urban Partners, climate risk mitigation is essential to the way we operate, as it impacts everything from our tenants, insurability, and valuations to exit liquidity.
- 100%
of our real estate portfolio is screened for climate risks and managed to decrease vulnerability
Get to know some of our investments and projects.
