Zug Estates : Sustainability Report 2022 in accordance with GRI Standards

2022

Sustainability Report

in accordance with the GRI Standards, 25 August 2023

2    Zug Estates Group- Sustainability Report 2022 -Tableof contents

Contents
Introduction	3
Key figures	4
Reading material	5
Sustainable journey	6
1.	Sustainability strategy	8
	1.1 Sustainable business model and value chain	8
	1.2	Values, ambitions and goals	9
	1.3	Material topics	10
	1.4	Our stakeholder groups	12
	1.5	Sustainability organisation	12
	1.6	UN Sustainable Development Goals (SDGs)	14
2.	Overarching topics	15
	2.1	Innovation	15
	2.2	Business success	16
	Environmental topics	19
	3.1	Biodiversity	19
	3.2	Energy and emissions	20
	3.3	Materials	29
	3.4	Water	31
4.	Social topics	33
	4.1	Attractive working environment	33
	4.2	Development of living spaces	38
	4.3	Connected communities	40
5.	Governance topics	43
	5.1	Transparent communication	43
	5.2	Responsible corporate governance	45
6.	GRI Index	49
7.	Appendix	53

3    Zug Estates Group- Sustainability Report 2022 -Introduction

Introduction

With our buildings and properties we shape the way people live for generations to come. We focus not only on new transformation projects such as the living space at Metalli, but also maintain existing areas and prop- erties. In recent months, we have also taken many measures to improve the quality of the shared and exterior areas of the Suurstoffi site in Rotkreuz. This includes redesigning the spaces and promoting biodi- versity through the creation of natural patches and construction of stone and deadwood piles.

Dialogue with local residents indicated a strong interest in ecological and social issues concerning the Metalli living space project. While solutions to key environmental issues such as biodiversity, lower greenhouse gas emissions, and a circular economy are increasingly gaining attention, the interpretation of the topic of social sustainability remains vague. Zug Estates intends to increasingly address these aspects (mix of uses, quality of stay, social mix) with a view to creating sustainable and diverse living spaces for members of society today and tomorrow.

The core of our sustainability strategy remains the reduction of greenhouse gas emissions. Despite the acquisition of the Renggli portfolio as of 1 October 2022 that still relies largely on fossil energy sources, greenhouse gas emissions of 0.9 kg per m2 of energy reference area (Scopes 1 and 2) are at the previous year's level and thus still well below the industry average. The acquisition-related increase was compensated by savings in the city centre site/Metalli, where the last properties (except the Bären restaurant), Haldenstrasse 9-16 and the City Garden Hotel, were connected to the Circulago lake-water energy district.

The discussion around grey energy and the aspects of the circular economy in the construction of buildings is gaining in importance. Zug Estates is pursuing ambitious goals in this area and wants to promote a dialogue in the industry. To this end, we signed the "Re- use-Oriented Construction Charter" with eleven other large companies and organisations in June 2023.

The complete report in accordance with GRI Standards as well as exciting articles can be found at zug- estates.ch. I wish you a rewarding read.

Zug, August 2023

Patrik Stillhart

CEO

4    Zug Estates Group- Sustainability Report 2022 -Keyfigures

Key figures

0.9 kg

Greenhouse gas emissions in kilogram per m2 of energy reference area

78

E-vehicle charging stations

200 million

Volume of green bonds placed

65 kWh

Energy intensity per m2 of energy reference area

630 litres

Water consumption per m2 of lettable area

365

Number of customers in the private consumption community

30 

Buildings with solar installations (56% of all

buildings) 57 % Percentage of certified outdoor spaces

1 234 MwH

Solar power production (sufficient for 275 single- family homes)

164

Number of employees working for the

Zug Estates Group

Figures as at 31 December 2022. Data relating to energy and water refer to the period from 1 April 2022 to 31 March 2023.

5    Zug Estates Group- Sustainability Report 2022 -Readingmaterial

Reading material

"How to succeed with concentration?"

Today's cities are changing. Success comes to those who involve members of society in the processes and who can show them tangibly the added value of new buildings.

Interview with Kai-Uwe Bergmann, partner at BIG (Bjarke Ingels Group, Copenhagen/ New York)

Strengthening the exterior space concept

Various measures have been implemented at the Suurstoffi site to further improve the quality of its shared and exterior areas.

To the article

Grey energy - invisible but significant

Grey energy is needed for extracting raw materials and for producing, transporting and packaging products. Zug Estates aims to lower the amount of grey energy.

To the article

Ambitious energy project

Zug Estates has completed an ambitious energy project at Haldenhof in the centre of Zug. It relies on a private consumption community to connect self-produced solar power with e-mobility, including car-sharing offers and bidirectional charging.

To the article & explanatory video