Βιώσιμη Ανάπτυξη

Sustainability

Our Approach

At LAMDA Development, Sustainable Development is intricately woven into our vision, business strategy, and core values. We firmly believe that it serves as a powerful tool not only for shaping a sustainable future for our company but also for fostering positive impacts on the broader economy, society, and the environment. 

LAMDA Development's Sustainable Development Strategy is based on three fundamental pillars: 

Decarbonization

We are dedicated to achieving net-zero emissions and fostering climate change resilience for the benefit of future generations. 

Circularity

We strive for net zero water and waste, by implementing circular economy practices.

People & Prosperity

Our focus is on generating economic value, fostering social vitality, and empowering communities to thrive.

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One
OF THE
“50 Μost Sustainable Companies in Greece" for 2024
1 of the 5
COMPANIES
in Greece which has issued a Green Bond in ATHEX
82%
ATHEX
ESG Transparency Score

Our Sustainability Model

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Environment

Our commitment is to consistently enhance our environmental performance through the implementation of measures aimed at reducing carbon emissions, optimizing energy consumption, promoting and preserving biodiversity, as well as effectively managing waste and raw materials.

OUR ACTIONS FOR THE ENVIRONMENT
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Society

Our goal is to improve the working conditions of our employees, promote inclusivity and equal opportunities, as well as to improve the daily lives of the people in local communities, by developing sustainable and innovative urban regeneration projects.

OUR ACTIONS FOR THE SOCIETY
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Governance

Guided by our unwavering commitment to consistency and transparency, we remain agile in the ever-evolving realm of Sustainable Development, proactively managing potential risks and harnessing new opportunities. 

OUR CORPORATE GOVERNANCE

Sustainability oversight and management

The Sustainable Development Department is responsible for the management of the Group's impacts and the effectiveness of processes on the economy, the environment, and people. The BoD has the overall oversight of sustainable development topics, while it approves the development and updating of the corporate purpose, the Group's mission, the Sustainable Development Strategy, the relevant policies, and targets, which are developed by the Sustainable Development Department and the other relevant departments.


A Sustainable Development Committee was established in early 2024. The main purpose of the Committee is to assist the BoD in strengthening and overseeing the long-term commitment of the Company and the Group to achieve the strategic sustainable development goals.

Sustainable Development Committee

Our core values

Our company's values are not mere words on paper; they are a vibrant embodiment of our profound dedication to our employees, customers, and the environment. These values constitute the heart of our corporate identity and serve as our compass in every decision and action we undertake. Consequently, they ignite our pursuit of excellence and drive our mission to create a positive impact on the world around us. 

Extroversion

For us, transparency is more than just a policy; it's the foundation upon which we've established our credibility. Our outward focus fosters meaningful communication and strengthens our relationships with our employees, our partners, communities, investors and all our stakeholders.

Customer-centered approach

Customers are the focal point of our endeavors. We prioritize their needs by delivering high-quality products and services, following the global trends and through our relentless pursuit of innovation.

Investing in our people

We are committed to fostering a positive and inclusive work environment that enhances productivity. We invest in top talent, with no discriminations, and are committed to giving our people the growth, prosperity, and security they deserve.

Innovation

We don't anticipate the future - we actively shape it. Our proactive stance drives us to explore innovative approaches that not only promote sustainability and efficiency but also significantly reduce our environmental footprint.

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In alignment with the UN Sustainable Development Goals

Acknowledging the pivotal role of businesses in forging a sustainable future, at LAMDA Development, we seamlessly incorporate the Sustainable Development Goals (SDGs) into our sustainability strategy, as well as into the Company’s business model.

no poverty
1 poverty
good health and well being
good health and well-being
quality education
quality education
gender equality
gender equality
clean water
clean water
clean energy
clean energy
decent work
decent work
reduce inequalities
reduced inequalities
sustainable cities
sustainable cities
rsponsible consumption
rsponsible consumption
climate action
climate action
life below water
life below water
life on land
life on land
partnerships for the goals
partnerships for the goals

We commit to the 10 universal principles of the UN Global Compact  

 

United Nations Logo

LAMDA Development since 2024 is a member of the UN Global Compact - and the UN Global Compact Network Greece - the largest global Sustainable Development initiative, with more than 23,000 members in more than 160 countries and 69 Local Networks.

By actively participating, LAMDA Development supports and aligns its strategies and activities with the 10 Universal Principles of the Compact on Human Rights, Labour, the Environment and Anti-Corruption.

Letter of Commitment

Human rights

Principle 1: We support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that we are not complicit in human rights abuses.

Labour

Principle 3: We uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: We support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-corruption

Principle 10: We work against corruption in all its forms, including extortion and bribery.

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Sustainable Financing

Sustainable finance – essential to building a sustainable future – is at the core of our investment strategy. We support investments in projects that create added value, with benefits for the economy, society and the environment.

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Sustainable Development Report 2023

See how we make a difference. Delve into our sustainability initiatives and discover our progress on the journey to a sustainable future.

Sustainability Documents & Publications
Sustainable Development Report 2023
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Awards & Certifications

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Culture

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