Throughout these months of 2020 marked by the Covid-19 pandemic, IGD has dealt with new and unforeseeable complexities stemming from the need to ensure business continuity while, at the same time, guaranteeing safety inside its properties.
The results for the first nine months of 2020 reflect the impact of the health crisis triggered by the spread of Covid-19 and the restrictions adopted by the authorities to contain it.
In this edition we will talk about how the content of the Code of Conduct has been revised and updated in order to enhance its role as a living part of our corporate identity and inspire both those who work in IGD, as well as stakeholders who have relationships with the Company, to conduct themselves in accordance with the Code.
We will then try to understand the reasons why IGD’s financial reports received new EPRA Awards.
Lastly, a very important news item, which speaks to IGD’s commitment to sustainability: the decision to adhere to the United Nations’ Global Compact.
From May to October, with the new restrictions imposed by the pandemic, IGD’s shopping centers have proven to also be “necessity-based” centers capable of better meeting the shopping and service needs in the regions where they operate.
The resilience demonstrated by IGD’s performance and economic-financial indicators in the third quarter of 2020 provides an encouraging signal for the future, when investors can return to valuing single investment opportunities based on fundamentals in a more visible scenario and with a less negative view of sector risks.