Sustainability risks

IGD monitors and manages its risks in an integrated manner by means of its Enterprise Risk Management system, including both financial and non-financial risks, some of which are related to sustainability. At the same time, there are other risks, which are important for corporate business, linked to each material issues. Below are reported the risks identified together with the policies and actions that the Company is carrying out or will carry out in the next few years in order to limit them.

In 2025, the process of integrating sustainability risks into the Enterprise Risk Management system was completed. This integration has provided a more comprehensive and cross-functional view of risks, enhancing IGD’s ability to anticipate potential impacts and implement mitigation measures consistent with the company’s targets.

IGD monitors climate risks as part of its risk management system, progressively integrating them into business processes and strategic assessments. The company recognizes that these risks are an area of growing importance for real estate industry players, as the impacts of climate change, both physical and transitional, can significantly affect the resilience, value, and operational continuity of assets. For a diversified real estate portfolio such as IGD’s, the ability to identify, assess, and mitigate these risks is essential to ensuring the long-term sustainability of the business. This is evidenced by the damage caused by the flood that struck the Emilia-Romagna region in May 2023, disrupting operations at several assets located in that area.