On 25 September 2015, the United Nations approved the Agenda 2030 for sustainable development, with its 17 Sustainable Development Goals (SDGs), structured in 169 targets to be achieved by 2030. COIMA has identified the 8 SDGs to which it believes it can make the greatest contribution.
Through COIMA Roots, a holistic vision to responsible investment and real estate development and management, COIMA elaborated its strategic approach with sustainability criteria included in its investment strategy. It aims to create high quality property assets with sustainable long-term growth, with a preference for real estate with the potential to appreciate over time.
COIMA emphasises careful planning of operations during portfolio acquisition and management. Property or portfolios requalification or optimisation works are assessed in detail, right from the due diligence phase prior to the acquisition. Multiple scenarios, ranging from mere optimisation to complete redevelopment, are analysed at this stage. The assessed scenarios include environmental, technical and economic analysis to identify key value enhancement and risk mitigation aspects.
The approach of the COIMA platform, in line with international best practices, is pioneering on the Italian market and has helped to strengthen industry players’ attention towards issues related to buildings’ environmental performances, their energy management and the integration of the principles of circular economy in the real estate sector.
COIMA Roots: a holistic vision
COIMA Roots incorporates the Sustainable Development Goals (SDGs) promoted by the United Nations, to which COIMA has decided to contribute (to 8 of the 17 SDGs in particular) by launching innovation programmes, with a particular focus on people and the management of natural resources. Through this innovative approach, COIMA aims to demonstrate its responsibility to its stakeholders. Each of the model’s eight “roots” identifies an area of action and the improvements which can be achieved on the most relevant ESG aspects. This approach, expressed in COIMA Roots, is supervised by the Sustainable Innovation Committee with the aim of ensuring that every investment, in every regeneration or development project and in all property operational and management phases, is always coherent with the strategic vision.