Sustainability
We create long-term value through sustainable buildings and business conducted with reliability
The real estate sector plays an important role in the transition to a more sustainable society. At Logistea, we view sustainability as an essential part of long-term value creation.
Following our merger with KMC Properties in 2024, we have laid the foundation for a joint, robust sustainability program based on an updated double materiality analysis. This analysis helps us understand our impact, identify risks and opportunities, and focus our resources where they create the most value.
Green properties
We aim to conduct our operations in a resource-efficient and environmentally responsible manner, both in daily activities and in strategic decision-making. Logistea works systematically to reduce climate impact, improve the energy efficiency of our properties, and transition to renewable energy wherever possible. Concrete measures include the installation of solar panels, battery energy storage, and improvements in energy classification.
Logistea’s operations are run with resource efficiency in mind, taking into account both actual and potential environmental impacts in all business decisions. Due diligence is applied in the assessment and management of sustainability-related risks.
Social value creation
By developing and managing sustainable logistics hubs in attractive locations, we create value for communities, businesses, and people. Logistics plays a central role in local growth, job creation, and quality public services. Logistea also aims to be an inclusive and responsible employer where employees thrive, develop, and feel proud of their work.
Our properties must be safe and contribute to well-being—both indoors and outdoors. In collaboration with tenants, we work to create new green spaces that support biodiversity.
Responsible ownership
Logistea’s operations shall be conducted responsibly, with sound business ethics as a foundation. Our solutions must be sustainable in the long term from a social, environmental, and economic perspective. This strengthens competitiveness and brand value, and enhances the company’s ability to manage risks and seize opportunities. We have a zero-tolerance policy toward corruption and work with suppliers and customers to ensure the highest possible standards of ethical business conduct.
How we work with ESG
At Logistea, sustainability is an integral part of our business model and governance. We take responsibility for our impact on the environment, people, and society, and our work is based on international frameworks such as the UN Global Compact, the ILO Core Conventions, the OECD Guidelines for Multinational Enterprises, and the UN Guiding Principles on Business and Human Rights.
We work purposefully to reduce the climate impact of our properties, integrate energy-efficient solutions, and ensure that our buildings are prepared for future requirements.
The most material issues, identified through our double materiality analysis, are:
- Direct emissions from Logistea’s operations
- Investments in energy efficiency
- Property damage caused by extreme weather events
During the year, we are implementing several projects within these areas. We are mapping and reporting our scope 3 emissions, conducting climate risk assessments for all properties in our portfolio, and initiating action plans to reduce risks. At the same time, we continue our efforts to improve the energy efficiency of our buildings.
By promoting good working conditions, diversity, and inclusion, we create social value both within the organization and in the communities where we operate.
Our employees
At Logistea, we value our employees – they are our most important resource. With fewer than 30 employees, we are a small organization characterized by close collaboration and high flexibility. We believe it is important that each employee has a high degree of influence over their workday and enjoys a strong level of autonomy.
Work–life balance
We want our employees to experience a balance between work and private life. Therefore, we offer the possibility to work from home when tasks allow it, without restrictions on how often remote work is used – as long as the work is carried out effectively.
We have employees in both Sweden and Norway. While laws and regulations differ slightly between countries, all our employees are offered flexibility in working hours. Employment terms are clearly described in our employee handbook, which is available internally at Logistea.
Employment terms
At Logistea, we do not use temporary contracts. All employees are directly employed by the company. For specific projects, we occasionally engage consultants.
Work environment and safety
Logistea’s employees are exposed to very limited work-related risks. We have not had any work-related fatalities in our organization.
Work-related injuries 2024:
- Number of injuries with sick leave: 0
- Number of fatalities: 0
Development and well-being
We want our employees to thrive and develop at a pace that suits them. Every year, we conduct performance and salary reviews to follow up on job satisfaction, work environment, and development opportunities.
We run our business with integrity, transparency, and accountability. Logistea has zero tolerance for corruption and bribery, and the Board of Directors holds the overall responsibility for implementing and monitoring the sustainability strategy. Our codes of conduct for employees, suppliers, and tenants provide clear frameworks for responsible behavior.
If you want to read more about our work in governance, you can visit our Corporate Governance section.
Sustainability Goals
Logistea’s sustainability goals have been updated to better reflect the key issues identified in our materiality analysis. These updated goals focus on our priority areas, where we have the opportunity to make a significant impact and drive positive change.
| Area | Issue | Target | Baseline year | Target year | Outcome 2024 |
|---|---|---|---|---|---|
| E – Green buildings | Climate change mitigation | Reduce Scopes 1 and 2 CO₂ emissions by no less than 50% (CPI CO₂g/m²) | 2024 | 2030 | |
| Net zero Scopes 1 and 2 greenhouse gas (GHG) emissions* | 2024 | 2050 | |||
| 100% fossil-free electricity for the accounts within Logistea’s control | Ongoing | 100% | |||
| Energy | Annually improve energy rating with the target of achieving energy class C or higher by 2030 for at least 70% of lettable space.** | 2030 | 45% | ||
| Annually improve energy rating with the target of achieving energy class C or higher by 2050 for 100% of lettable space.** | 2050 | 45% | |||
| Climate change adaptation | 100% of properties, in terms of lettable space, to have undergone a climate risk analysis according to the EU Taxonomy and action plans for identified climate risks to be completed for all properties, where such are required, by the end of 2026.* | 2026 | 51% | ||
| S – Social value creation | Working conditions | 50 in Employee Net Promotor Score (eNPS) | 24 | ||
| Tenant satisfaction | 50 in Tenant Net Promoter Score (tNPS)* | ||||
| G – Responsible ownership | Corruption and bribery | Zero tolerance of corruption* |
* New target or new formulation of target.
** Excluding properties where there is no requirement for an energy declaration.
Related information
Green Financing Framework
The establishment of the framework, focusing on green and energy efficient buildings, is a natural next step in Logistea’s sustainability efforts. It covers financing and refinancing of property projects as well as investments in energy efficiency.
Green Bond
Logistea has issued green bonds under its Green Finance Framework. The strong demand and positive market reception confirm investors’ confidence in the company and its sustainability and growth strategies.
EPRA and key figures (sBRP and BRP)
Logistea reports key performance in accordance with EPRA’s guidelines to enable clearer and more comparable reporting. The company has, as the first Swedish company, been awarded Gold in EPRA BPRs and is included in EPRA’s index for listed real estate investments.
Policies related to sustainability
Through our Sustainability Policy, Code of Conduct, and Supplier Code of Conduct, we clarify our expectations of ourselves, our employees, and our business partners.
