The sustainability targets set for the future represent one of the fundamental elements to make our “Becoming GREAT” sustainability strategy effectively operational.
For each of the priorities identified (Green, Responsible, Ethical, Attractive, Together), a series of sustainability targets had been included in the 2019-2021 Strategic Plan, on which we have already started working: in the 2019 Sustainability Report we report the results achieved in 2019.
| Issue | Target | Period | Actions carried out in 2020 |
|---|---|---|---|
 | Zeroing of CO2 emissions: Italy portfolio Nearly Zero-energy Building by 2030 | LONG TERM | Confirmed use of 100% energy from renewable sources |
| Obtain BREEAM certification for 80% of the fully-owned malls in Italy by 2030 | LONG TERM | Breeam in Use certification obtained for 3 more Shopping Centres*: Conè, Leonardo and Le Porte di Napoli. Currently 30% of the Italy Malls are Breeam certified |
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| of which was to raise awareness | MEDIUM TERM | No new system was installed following the block/deferment of investments due to the pandemic |
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| Raising awareness of visitors through campaigns in shopping centers and the creation of transversal events relating to ESG issues | MEDIUM TERM | The «Sostenibilità tour» (Sustainability tour), the aim of which was to raise awareness in the public on the matter of the environment, scheduled to take place in the second half of 2020 / first quarter of 2021 was suspended due to the pandemic |
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| Obtain | SHORT TERM | 4 new Shopping Centres (Casilino, La Favorita, Centro Lame and Centro Luna) certified for a total of 95% of the fully-owned Malls in addition to the Bologna headquarters |
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| € 5 mn of investment in the 2019-2021 three-year period to improve energy efficiency | SHORT TERM | Total investments equal to approximately 3.2 mn, of which 2 mn in 2019 and 1.2 mn in 2020 |
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| Installation of LED lighting systems in the entire Italian portfolio by the end of 2022 | SHORT TERM | Altogether 19 Shopping Centres are equipped with LED lighting systems | |
| Transition from the experimental phase to the operational one of the Waste2value project and assessment of other projects on issue of circular economy | SHORT TERM | Access obtained to a grant offered by the Emilia Romagna Authority for water and waste Services. This grant will cover 80% of the overall estimated costs and it will be distributed when the project is implemented (within the first six months in 2021) |
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| Headquarters to be plastic free by the end of 2020 | SHORT TERM | The Bologna headquarters became plastic free following the elimination of plastic bottles and cups in 2020 |
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 | Definition of individual targets linked to CSR | MEDIUM TERM | IGD intends to further expand this activity, also in light of the provisions in the new Corporate Governance Code of Listed Companies |
| Corporate welfare: increase in services | MEDIUM TERM | The services included on the Welfare portal increased in 2020, with particular focus on childhood, assistance and numerous opportunities for online lessons |
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| Wellbeing: definition of overall project | MEDIUM TERM | The «wellbeing» project was postponed due to the restrictions in place in 2020 | |
| Continuation of projects regarding the safety of the structures | MEDIUM TERM | Proseguimento del progetto di Continuation of fall protection projects, and more specifically, of the dome skylights on the Shopping Centre roofs. The voluntary anti-seismic improvement measures have been momentarily suspended |
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| Training: focus on soft skills and on the importance of cross-functional work | SHORT TERM | Training with focus on soft skills has been rescheduled for 2021 | |
| Advertising of available jobs on the corporate website and on Linkedin | SHORT TERM | Job posting was initiated on the corporate website (6th February 2020) and on Linkedin (19th February 2020). Altogether the posts recorded 15,653 views |
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| Third internal atmosphere assessment | SHORT TERM | Given the ongoing changes connected to the handling of the pandemic, the internal atmosphere assessment has been postponed until the end of the emergency. An assessment activity, however, was carried out on the repercussions of the pandemic within the company |
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 | Obtain ISO37001: 2016 certification in Italy in 2020 | SHORT TERM | Certification obtained on 20th April 2020 |
| Legality rating: confirm maximum score on the occasion of the two-year renewal | SHORT TERM | Legality Rating renewed with the maximum score (3 stars) in 2020 | |
| Adhere to the Global Compact | SHORT TERM | Participation formalised during the year | |
 | Sustainable enhancement of the portfolio: carry out restyling activities with improvement in the environmental impact of 10 more Shopping Centres by 2030 | LONG TERM | Several investments aimed at enhancing the portfolio were postponed in 2020 and rescheduled for 2021/2022 |
| Definition of national campaigns to raise awareness in the Shopping Centres’ visitors on issues in line with IGD’s values | SHORT TERM | A campaign was carried out at national level to inform visitors about the focus that the Shopping Centres placed on the health and safety of all those that spend time within them |
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| Innovation: definition of the «digital strategy» | SHORT TERM | The Digital Plan was defined at the end of 2020 and it is scheduled to be launched in 2021 |
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 | Listening project regarding the expectations of millennials in relation to the Shopping Centre of the future | MEDIUM TERM | The listening activity organised in cooperation with Nomisma was carried out at the end of 2020. The results will be analysed in 2021 |
| Tenant engagement on sustainability issues | MEDIUM TERM | Engagement activity has been postponed | |
| Shopping Centre in the role of civic centre: cooperation with the local area fostering involvement and co-planning activities | SHORT TERM | The «Social Borgo» project (inside Centro Borgo in Bologna) was suspended due to the pandemic, the aim being to implement it as soon as health and safety conditions allow so |
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With regard to the debate at international level on Nearly Zero-Energy Building, as IGD we decided to do our part: we want to publicly commit ourselves and actively contribute to a transition towards a “low carbon” economy in the cities where out Shopping Centers are situated. Therefore in 2019, for the first time, we included targets for 2030.
The Sustainable Development Goals (SDGs, or Global goals) were included in the United Nations’ 2030 Agenda in 2015. They are a set of 17 goals and 169 sub-goals which aim to put an end to poverty, fight against inequality and promote economic and social development. A universal plan of action which requires commitment from everybody, including companies, which are called upon to add their own contribution by means of new responsible business models, investments, innovation, technological development and the establishment of multi-stakeholder cooperation.
IGD, following the guidelines of Global Compact Network Italy, identified 10 SDGs which were relevant to its business and which were connected to the material issues identified by the Company. These references were not only our guide in defining the objectives of the 2019-2021 Strategic Plan, but are also an integral part of the Sustainability Report, in which we report on the results achieved on each of them.
Ensure healthy lives and promote well-being for all at all ages
Ensure inclusive and equitable quality education and promote lifelong learning opportunities for all
Ensure access to affordable, reliable, sustainable and modern energy for all
Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
Build resilient infrastructure, promote inclusive and sustainable industrialization and foster innovation
Make cities and human settlements inclusive, safe, resilient and sustainable
Promote peaceful and inclusive societies for sustainable development, provide access to justice for all and build effective, accountable and inclusive institutions at all levels
For more information please visit the United Nation website https://sustainabledevelopment.un.org
