Green Forum • 10 July, 2024 at 1:13 PM
Real estate developer Speedwell launches its 2023 Sustainability Report. The official ESG reporting document highlights, both the initiatives and main sustainability strategies developed, as well as the company's internal resources and its impact at all stages of development, from concept to project delivery.
"Our vision is based on building vibrant, connected neighborhoods focused at the heart of every project's design and development, where wellbeing is at the center. We prioritize our improvement efforts on our clients', communities', and employees' well-being, achieving the highest European building standards (BREEAM and WELL) and securing access to green spaces and terraces of above-market standard sizes. Through these initiatives, Speedwell not only contributes to the sustainable development of cities but also inspires other companies to adopt similar practices, thus creating a long-term positive impact on the environment and society", said Jan Demeyere, Architect and Co-Founder of Speedwell.
Through the integration and implementation of new actions in the sustainability plan, in 2023 the company has made major progress and achieved several remarkable results:
· 100% of buildings completed last year received a Class A energy performance certificate
· The waste resulting from the demolition work for THE IVY construction was fully reused
· 100% of projects delivered benefited from a stakeholder consultation plan (SCP)
· 66% of them were delivered based on an Economic and Demographic Needs Study (EDNS)
· 66% of deliverables in 2023 were assessed against the TOD standard and scored above 50 points out of 100
· 50% of projects have already been evaluated for climate change risks
With 33% of projects already evaluated in terms of residents' health and well-being, one of SPEEDWELL's primary goals is to develop communities that provide residents with all the amenities of modern living. As part of the sustainable approach, projects are designed according to the Transit-Oriented Development (TOD) concept. Thus, density and transportation aspects are optimized in key areas of cities to keep the community compact.
By 2050, the company aims to achieve zero emissions as part of its commitment to sustainability and high standards of living. The strategy aims to reduce its environmental footprint and promote social responsibility, aiming to achieve BREEAM Outstanding certificates for future projects, with a special mention going to CityZen, the first BREEAM Communities certified complex in Romania.
Speedwel's long-term ambition is focused on sustainability and obtaining green certifications for its developments to ensure the best possible performance and resilience in the face of climate change. It will continue to deliver high-quality projects with a focus on sustainability, such as PALTIM, CityZen, TINO, and 1 IUNIE, four future developments that will be based on the urban regeneration concept, as well as THE MEADOWS and GLENWOOD ESTATE, which will be oriented towards integrating large green spaces into a livable space for the residents and the local community, and QUEENS being the flagship development towards the principles of the 15-minute city.