MVGM Luxembourg reveals its Sustainability Plan: European Regulation on ESG criteria and climate objectives

Building the Future

Two words, but not just any words, to sum up an ambitious programme based on five pillars: implementing a NetZero plan, strengthening the partnership with customers, becoming an exemplary employer, building a community and becoming a reference in the market.

All with a common goal: to clarify what the company can do to optimise its own operations and what it can offer its customers in terms of sustainable development services.

Internally, this programme is based on concrete actions. Some are already being implemented:

• Implementation of an anti-corruption policy and training sessions for business units,

• Formalization of a Code of Ethics that defines the company’s responsibilities towards employees, customers and the market.

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• Three other measures are only partially implemented yet:

• Mitigation of any negative environmental impact that may arise from business operations,

• Putting Corporate Social Responsibility at the top of the agenda,

• Organising tools and processes to respond to risks: floods, fires, technological threats...

• In addition to these first five measures, three actions are in the pipeline:

• Implementing a policy of financial savings and sustainable procurement, optimising resources,

• Communicating transparently on the objectives achieved in terms of sustainable development,

• Preparing an annual report and disclose the company’s health and safety performance.

The Luxembourg property management company is committed to sustainable development by redefining its long-term investment strategies to embrace ESG criteria.

To this end, Christian Guzmán, Europe Sustainability Lead, took over the management of the Sustainability Area (Espace Développement Durable) in January 2022. His mission is to make the company more environmentally responsible and to help its clients meet environmental challenges.

The Value of a Dedicated International Team

In 2023, MVGM aims to become the Environmental, Social and Governance partner of its clients with a catalogue of services deployed in all countries: consultancy, technical audits, reporting and data monitoring.

By setting up a team specialised in sustainable development, MVGM has a direct impact on the energy performance of buildings. The company is committed to realistic action, helping property managers and technical teams to comply with sustainability requirements.

Last but not least, it complies with the Sustainable Development Programme adopted by the Member States of the United Nations in 2015.

Sustainability affects every person on the planet, and every company is accountable to the rest of the world for its actions. The tools to slow global warming, reduce inequalities and secure a future for the next generations are available, and it is up to everyone to make them a reality.