Real estate | 23 October, 2023 at 6:13 PM
Sonae Sierra to reach carbon neutrality by 2040
Sonae Sierra announced that it is improving its ESG practices with international recognition.
Sonae Sierra announced that it is improving its ESG practices with international recognition.
Sonae Sierra has reduced its CO2 emissions by approximately 90% from 2005 to date and its electricity consumption by 66% since 2002. The company announces that it has avoided costs of €34.9 million by implementing eco-efficiency measures.
The Portuguese real estate investment company Sonae Sierra has set out to achieve carbon neutrality by 2040 and announces that it will expand ESG criteria in shopping center contracts.
Achieving climate neutrality will unlock significant opportunities for development, economic growth, and technological innovation.
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