Our office and retail buildings belong to three WOOD & Co. real estate sub-funds that have received the Light Green label for investments that take sustainability into account

What is Light Green

The Light Green label can be used by funds that are committed to sustainability aspects and measure, monitor and regularly report on environmental and/or social indicators.

The funds declare that they are meeting the set targets according to the set internal methodology for measuring environmental impacts as well as the plan to reduce them: for example, reducing the carbon footprint, reducing the energy intensity of buildings or limiting water consumption. "We have a long-standing cooperation with the independent platform Green0meter to evaluate and report on sustainability parameters," adds Jarošová.

The sub-funds plan to continue to move towards sustainability according to the EU taxonomy. To achieve this metric, they must meet at least two of the required conditions. The WOOD & Co. sub-funds have set targets in the areas of Mitigation, i.e. climate change mitigation, with elements of Climate Change Adaptation, and in addition not to cause significant harm in other areas, in line with the principle of "not causing significant harm" to others (DNSH). Socially responsible objectives naturally include, among others, respect for fundamental human rights, labour and safety standards and best management practices.

* WOOD & Company, investment fund with variable share capital, Inc.