DL Invest Group is aware, of the current environmental, social and economic challenges. Our ESG strategy is in line with our goal of creating stable, sustainable and socially conducive facilities.
As part of the policies implemented by our company, which respond to changing environmental conditions and attest to the high attention and importance we give to the environmental aspect of our investments, our company is bound by the principles according to which plans are prepared for cooperation with local communities, in the areas where we carry out projects.
We conduct our investments in a sustainable manner. Our priority is to preserve the environmental values of the areas where projects are carried out. We achieve this by, among other things, planting additional trees and shrubs in a thoughtful manner that goes far beyond what is required by law.
Our projects are certified under the BREEAM green certification system and are largely financed using instruments that support the development of green investments.
We reduce emissions and carry out activities calculated to reduce the ecological footprint, viz:
We conduct projects in cooperation with local residents and academics, who help us identify conditions and create truly unique habitats for animals and plants in the areas where we carry out activities, which directly translates into building additional value for local communities.
We conduct campaigns to raise awareness and promote the right attitudes in the context of nature conservation and sustainable development. Such actions take the form of workshops and educational materials conducted and prepared in cooperation with recognized academic centers and selected institutions operating in the areas where we conduct our investments.
An extremely important aspect considered is the management system. DL Invest Group has developed a project organization scheme based on its internal structure, own resources, risk analysis tools, and subcontractor selection procedures.
Based on its experience, DL Invest Group has developed an internal project management system. The starting point is always the creation of a team of experienced specialists who will supervise the entire construction process, from the groundbreaking to obtaining the occupancy permit. The dedicated project team consists of the following members: a Project Manager managing the team along with their deputy, 2 representatives from the construction department, 2 representatives from the legal department, 2 representatives from the production preparation department, 2 representatives from the commercialization department, and 2 individuals from the design department.
If any of these people is absent, their responsibilities are taken over by another person assigned to the project.
Subcontractor selection is based on a tender and bidding process. Bids must be submitted within the designated time frame and cover the same scope. Each offer is compared in terms of both quality and price. At a later stage, bidders are compared based on experience, financial condition, human resources, and timeliness of completion.
Our company also applies investment optimizations at both the design stage, execution optimization, and during operation. These are also discussed with the tenant, presenting various solutions based on our experience, as well as those proposed by designers and subcontractors. Significant optimization is provided by the service department, which is based on our own employees who supervise individual investments.
DL Invest Group is comprehensively supported by an insurance broker. Not only the business or property is insured, but also the entire construction process.
Investor supervision is provided by DL Invest Group PM S.A., which assigns a Project Manager to each project, overseeing the entire process from property preparation, through construction, to obtaining the occupancy permit. Author’s supervision is provided by a dedicated designer for each investment, ensuring the implementation complies with the project.
Environmental protection responsibilities are entrusted to an external entity, which has been supporting DL Invest Group for several years in monitoring and verifying all issues related to this aspect.
Before each investment, the company uses external services to assess whether protected animals or plants exist on the land designated for development. If such protected species are found, the land cannot be used for further development, and in accordance with the conditional preliminary sales agreement, the company may withdraw from the transaction.
The second step involves checking the soil for possible contamination and the potential for reclamation. If reclamation is possible, the company proceeds; if not, the company withdraws from the transaction. The next step is a social due diligence process, which includes checking the adjacent residential areas and assessing the negative impact of the investment on them, as well as identifying any ways to reduce this impact. The following step evaluates how DL Invest Group can improve the location to make it more environmentally and socially friendly. All costs are estimated at each stage of the project and incorporated into the investment budget and schedule.
GREEN FRAMEWORK
Assumptions for environmental changes over a period of 5 years
Second-Party Opinion