Our sustainability targets
Our approach to sustainability
As a family-owned business we aim to use our know-how to ensure that we contribute to a bright and sustainable future for the coming generations.
We seek to continuously optimize our buildings in accordance with the demands of the market and the latest technological innovations. Energy efficiency and sustainability are among our top priorities. We know that it is possible to build, redevelop, renovate and transform logistics properties in a sustainable and technologically advanced way. This is beneficial to both the environment and the wellbeing of the people who work at our locations.
To help our employees thrive in the culturally diverse markets in which we operate, VGP is actively promoting an inclusive and transparent workplace. Our strong family culture and collegial spirit is based on mutual trust and respect, and we strive to provide opportunities for growth to our employees with room for personal initiative. At VGP, we celebrate our differences and support a working environment free of harassment and discrimination, where all of our colleagues can contribute equally to our commercial goals.
We strive to create sustainable value and be a trusted partner to our customers and the communities in which we operate as well as to our employees
1. Sustainability efforts for our own activities
VGP has committed to reducing scope 1 and 2 GHG emissions by 50% by 2030 and to achieve net-zero carbon emissions by 2025. In order to realize this ambitious goal, we have introduced four key measures in the different fields of our day-to-day operations, based on the findings of a GHG protocol compliant carbon footprint analysis conducted over 2019:
- Making commuting more sustainable by transitioning to electric cars and to bikes for trips of < 10km
- Introducing a business travel policy which aims to replace flight travel by teleconferencing for 20% of meetings and by train for trips of < 750km
- Switching to green energy contracts for our office buildings
- Promoting digitization to reduce paper consumption and waste
In addition, we have invested in in-house expertise to be able to effectively drive our sustainability commitments forward from within. In 2020, we expanded our sustainable building and renewable energy team by six experts. We also regularly undertake group-wide technical training sessions with our employees.
GREEN ENERGY CONTRACTS for our office buildings
BUSINESS TRAVEL more teleconferencing and train trips
COMMUTING transition to electric cars and bikes for short trips
DIGITIZATION to reduce paper consumption and waste
3. Supporting our clients in reducing their carbon footprint
In addition to our green energy offer, we support our clients in their transition towards a green (forklift-)truck and car fleet by providing electric car and truck charging stations. Together with EBRD, VGP Renewable Energy is exploring opportunities arising from the future deployment of e-mobility technologies.
CO2 neutral building enhancements
Partner with clients to achieve CO2 neutral operations at VGP Parks
- On our brownfield sites in Giessen and Wiesloch, Germany, we are now also planning our first large built-to-suit projects earmarked to receive the DGNB KlimaPositiv (CO2 neutral) certification
Supporting societal and environmental projects across Europe
In order to maximize our positive societal impact, we set up the VGP Foundation in 2019. We have committed to contribute circa 1-2% of our annual profit to the foundation. It aims to encourage nature conservation, to have a positive impact on local communities through social projects, and to conserve and protect European cultural heritage.