CSR

At a time when the real estate sector is responsible for 25% of greenhouse gas emissions in France, Icade Santé has placed environmental issues at the core of its CSR strategy. Its main objectives include ramping up the transition to a 1.5°C pathway and creating a more efficient and resilient portfolio by adapting its buildings to climate change.
 

For all new projects over 4,000 sq.m, Icade Santé has committed to obtaining certification that guarantees a minimum level of performance and ensures the construction of buildings with the highest levels of quality and comfort.
 

To ramp up its low-carbon transition, Icade Santé mesures the carbon and energy performance of its properties and has defined a carbon trajectory* for its french properties with -37% emissions reduction goal by 2030**. It has also committed to obtaining the French government’s E+C- (positive energy and low-carbon) label for pilot projects.
 

Aware of the need to make its assets more resilient to climate change, Icade Santé is committed to measuring the vulnerability of its assets and investments to the main climate risks**, and to adapting its most exposed facilities by 2030.
 

Icade Santé is also committed to other topics such as mobility, the circular economy, responsible purchasing, biodiversity, etc.
 

For example, with regard to biodiversity, Icade Santé finances the restoration and conservation of areas equivalent to those of its new projects: for each m² built, the restoration of 1 m² of biodiversity is financed.
 

_{* starting point 2019** being rolled out internationally}
 

Creating a positive social impact is an integral part of Icade Santé’s business. Its investments significantly contribute to ensuring access to essential services.
 

To illustrate this point, Icade Santé’s facilities in France represent around 20% of the for-profit private sector. With a catchment area serving 36.5 million French people, i.e. half of the country’s population, they recorded almost 2 million stays in 2020. Icade Santé’s nursing homes total over 8,000 beds in France, Germany, Italy and tomorrow in Spain.
 

While having a positive social impact is intrinsic to its business, Icade Santé also assists its customers in continuously improving occupant quality of life, comfort and well-being in their healthcare facilities.
 

To this end, Icade Santé drafted a Quality of Life in Nursing Homes Charter in 2019. This Charter includes an internal framework encompassing over 100 criteria related to resident well-being, quality of life, safety and care. It is now used as part of all acquisition audits.
 

Icade Santé has also put in place an audit process to assess the quality of patient care in its healthcare facilities in order to provide operators with solutions for property improvements.
 

Lastly, Icade Santé is committed to developing 70% of its major new projects using BIM (Building Information Modelling) which is an innovative way of designing and developing a project from start to finish.
 

To ensure that its social and environmental policy is implemented at all levels of its organisation, Icade Santé has also made strong commitments in terms of governance.
 

These involve the inclusion of CSR objectives for all managers and Executive Committee members and the commitment to assess all its acquisitions against CSR criteria (carbon footprint, resilience, etc.).
 

In addition, Icade Santé will continue to promote sustainable financing, in line with the issue of its Social Bond in 2020.