Environmental, Social & Governance
Committed to sustainability and responsible management and investment
In the next 5 years, 47.25% of the value of the assets will use at least one source of renewable energy through photovoltaic solar panels.
Currently, 47.40% of the value of MIMEISA’s portfolio has a LEED or BREEAM certification, reaching 79.80% in the coming years.
At the corporate level, Mimeisa’s offices have certified green energy, which means not using fossil fuels in the energy generation process.
As a family office and with the vision of investing and managing assets for future generations, MIMEISA’s goal is to generate a positive environmental and social impact. We understand that this is the best way to preserve and improve the value of real estate, thus reducing the risk involved in its management.
It is important to highlight the firm commitment to the Net Zero objective in MIMEISA’s value chain, as well as to work together with suppliers, competitors and customers to achieve it.
Our sustainability strategy
Our sustainability strategy works to generate a positive impact on society in line with the Sustainable Development Goals of the 2030 Agenda.
To this end, MIMEISA has the following strategic SDGs:
- SDG 3: Health and well-being.
- SDG 11: Sustainable cities and communities
- SDG 13: Climate action
- SDG 16: Peace, justice and strong institutions
MIMEISA understands CSR as the responsibility that corresponds to the company as a consequence of the impact that its activity generates on society. In order to fulfill this responsibility, MIMEISA integrates environmental, social and governance aspects in its strategic framework, as well as in its vision, mission, values, objectives and daily activities. In this way, the CSR policy aims to create a framework of reference that will generate long-term value and a positive impact for all stakeholders. Likewise, with the aim of complying with the 2030 Agenda, the company has chosen the following strategic Sustainable Development Goals:
- SDG 3: Health and well-being
- SDG 11: Sustainable cities and communities
- SDG 13: Climate action
- SDG 16: Peace, justice and strong institutions
MIMEISA has chosen to include sustainability in its activities and in its decision making, not only for the value of its shareholders, the environment, or its impact on the surrounding communities, but also because it has a positive impact on the value of assets, the performance of financial parameters, such as cash flow, as well as on the reduction of risk in the short, medium and long term. MIMEISA has created in 2022 an Action Plan that includes a series of guidelines towards the pursuit of NET ZERO and to generate a positive impact on the well-being of people, surrounding communities and customers.
Sustainability certifications obtained or achieved through rehabilitation, new construction and/or operational:
Operational/Construction Real Estate Certifications:
- LEED Platinum in Office Building located at Avenida Diagonal 618 in Barcelona (Operational Certification).
- BREEAM Under Construction Good for the residential building at 19 General Zabala Street in Madrid (Under Construction Certification).
- LEED Gold for Retail - High Street at Paseo de Gracia 33, Barcelona (Operational Certification)
- BREEAM Very Good of the residential building in Plaça de les Glòries, Barcelona (Operational certification).
- LEED in the commercial building located at 32 Serrano St., Madrid (Operational certification).
The following certifications are in progress:
- LEED for the office building at C/Serrano 16, Madrid (Certification under construction).
- BREAM for the residential building located at Calle General Zabala 19, Madrid (Operational certification).
- LEED Nez Zero in the building located at Avenida Diagonal 618 in Barcelona (Operational Certification)
- LEED at the Royal Ramblas Hotel in Barcelona (Certification under construction)
- WELL in the office building located at 16, Serrano St., Madrid (Wellness Certification)
- WELL at the office building located at Avenida Diagonal 618 in Barcelona (Wellness Certification)
- WELL in the Royal Ramblas Hotel in Barcelona (Wellness Certification)
MIMEISA supports the recommendations of the Task Force on climate Related Financial Disclosures (TFCD) in order to inform stakeholders on how climate change related risk is managed.
MIMEISA supports the United Nations Compact with the vision of addressing current and future societal challenges.
MIMEISA is working to achieve this certification that drives the adoption of standards that manage both social and environmental impact.
Registration of the Carbon Footprint Calculation in MITECO