Establishing the baseline for reducing our Co2 footprint

PPI’s board of directors has resolved that PPI must become a climate-neutral company within 2030. We will achieve this by continually reducing our properties’ carbon footprint through measures relating to climate shells, technical facilities and energy supply.

Due to its size and provider of buildings for public tenants, the group carries a significant social responsibility, and has a responsibility for spearheading the transformation of the industry in which it operates. This means refurbishing the buildings it owns instead of building new ones, and ensuring that its tenants achieve their goals and that it has environmentally aware and sustainable minded tenants.

The group has three focus areas within sustainability; climate and environment, social sustainability, and financial sustainability.

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Climate and environment
Within the area of climate and environment, PPI has set a goal of all of its buildings being environmentally certified according to the group’s sustainability strategy. The company was certified as an Eco-Lighthouse by the Eco-Lighthouse Foundation in December 2023. The group aims to map energy consumption, water consumption and waste-sorting in all its buildings annually and continuously evaluating its progress in reducing such consumptions for each building. PPI uses an energy management system which automatically gathers data from electric, district heating and cooling meters to monitor these factors to establish the current status and progress. The results are used to prepare an environmental strategy for each individual building, enables efficient management and usage, and prompt identification of any operational errors related to the asset’s technical equipment. External consultants are hired to establish which actions will produce the most sustainable solutions, as well as the best results in the short term. An overview of the group’s properties’ energy consumption is reflected in the illustration below.
Social sustainability
Within the area of social sustainability, the group focuses diligently on ensuring good working conditions for its own as well as its partners’ employees. PPI aims for its buildings to be located at places satisfactory to its tenants, and ensures that the buildings are designed to be attractive and accessible to everyone regardless of their needs, and provide high-quality and health solutions in addition to high usability.
The group acilitates user involvement and participation during the tenancy, and finds optimal solutions in close collaboration with each tenant. Furthermore, to comply with the Norwegian Transparency Act, the group has established a channel for whistleblowing and a code of conduct for all its partners. Within financial sustainability, the group focuses on its buildings functioning as a strategic tool for its tenants. The group designs and tailors its buildings to serve as a tool to help its working tenants fulfil their social mandates.
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KPIs

Based on the established baseline for our key KPIs, we have set targets for energy, water and waste for the next seven-year strategy period (2024–2030). The targets reflect the individual properties’ business plans and realistic developments during the strategy period.
Specific energy consumption [kWh/sqm/year]
Overview of our buildings’ energy consumption.
Specific energy consumption
TARGET
150
kWh/sqm/year
reduction of 2% per year throughout the strategy period = in total 14% (150 kWh/sqm/year)
Specific water consumption [cbm/sqm/year]
Overview of our buildings’ water consumption.
Specific water consumption
TARGET
0.23
cbm/sqm/year
reduction of 2 per cent per year throughout the strategy period = a total of 14% (0.23 cbm/sqm/year)
Continue reading the Annual Report
PPI’s board of directors has resolved that PPI must become a climate-neutral company within 2030.