Atrium European Real Estate Limited (VSE/ Euronext: ATRS), (“Atrium” or the “Company” and together with its subsidiaries, the “Group”), a leading owner, operator and redeveloper of shopping centres and retail real estate in Central and Eastern Europe, announces the achievement of the next milestone in its sustainability strategy with the publication today of its first sustainability report – “It matters”.
The report follows Atrium’s receipt of a Green Star rating from the Global Real Estate Sustainability Benchmark (GRESB) after its first participation in the survey in 2016, and an EPRA Gold award for its financial reporting standards and transparency during the same year, as well as the Company’s subsequent decision to increase its commitment to transparency and corporate social responsibility. . The report is aligned with the EPRA best practices recommendations on Sustainability Reporting and is now available for download on the company website within the Sustainability section.
The report reflects Atrium’s commitment to and progress in achieving sustainable growth, as well as the Company’s long-term approach to investment and operations, and its continued efforts to lead in terms of corporate citizenship in the CEE region. Atrium strives for economic efficiency, social fairness and environmental sustainability in all its endeavours and at the heart of its sustainability strategy lies a comprehensive materiality assessment. This is based on a detailed analysis of the Company’s stakeholders’ needs and expectations, including its customers, investors, retailers and employees, as well as a thorough legislation and standards review. The material impact areas and value drivers are grouped into three focus areas aligned with Atrium’s long-term strategy – “Our customers, Our assets and Our employees” – with clear and ambitious targets set for each pillar of the framework.
Liad Barzilai, Chief Executive Officer of the Group, commented: “I am pleased to announce our efforts these past years have resulted in the publication of our first sustainability report. “It Matters” clearly underlines our ambition to continue being a transparent and multicultural market leader in the region. This includes showing leadership on addressing environmental and social challenges, which truly matters for our stakeholders and creates long term sustainable value.”