We work systematically to make a positive difference in the real estate sector. We are guided by our impact framework, which addresses our footprint across environmental, social, and governance dimensions.
The planetary boundaries, developed by Stockholm Resilience Centre, define the absolute thresholds for what our planet can carry. As the red markings show, we are currently overshooting on several of the boundaries. In other words, we use resources as if we had more than one planet.
Our goal is clear: We want to build homes within the planetary boundaries to shape a regenerative real estate sector. We’re not there yet, but our journey has begun.
That means eliminating carbon, waste and toxic materials. It means maximising circularity, biodiversity and renewable energy creation.
...and much more!
Our first development project in Nærheden is on track to a record low carbon footprint for a residential multi-story building in Denmark. Measured in carbon per tenant, it will be approximately 75% below the 2022 DGNB Gold level in Denmark when fully leased.
The project has brought us a lot closer to building within the planetary boundaries through systematic design decisions, ambitious investments and tools such as our early-LCA “Carbon.Tool”, and we work to bring the carbon footprint further down with our coming building projects. But we still have a long way to go to build within the planetary boundaries.
We are in the middle of a global biodiversity crisis and the real estate sector carries its share of the responsibility.
We are committed to achieve Biodiversity Net Gain in all our development projects, meaning that there will be more biodiversity at the site once our development is complete compared to before we started.
We want to create diverse tenant communities with space for people from all walks of life. That’s why we design our homes to be affordable.
We push our architects to make the most of each square meter and create shared space for our tenants to use - from guest rooms you can book when your aunt is visiting to co-working spaces for the everyday hustle.
We would like to change the relationship between tenants and landlords: away with conflicts and towards more trust and transparency.
We give our residents the opportunity to influence the communities they live in. In return, we expect them to commit to creating inclusive and sustainable communities, something we can only achieve by working together.
As a step in this, we will not take deposits when leasing out our first development project in Nærheden. Furthermore, we have the ambition to share part of the properties’ value-creation with our tenants – both the ongoing operating profits and possible increases in the value of the properties. We have developed a model for this which we call our Tenant Allocation. The model and its implications for our residents are being assessed by the Danish Tax Authorities. We hope to pilot the model from 2025, but the final timeline is subject to the outcome of the assessment.
We want to take everything we know about good urban development and bring it into each of our projects. To us, the good neighbourhood is characterised by mixed users and vibrant life. In our first development project in Nærheden, we create approximately 1,500 sqm of commercial space allowing small businesses to add life and activity to the area.
Home.Earth is designed and structured in a different way than a classic real estate investment company. We believe this is important to enable us to realise our purpose. For one, Home.Earth is set up to be lasting owners of the properties we built. In an industry where a lot of stakeholders have short time-horizons, we, by structure, care that our communities and properties are thriving also in 30, 50 and 70 years.
Second, we have established Home.Earth with a foundation as a part-owner – Home.Earth Fonden. The foundation is put in place to safeguard our purpose in the ultra-long term and ensure that we always operate according to our purpose.
We take the necessary measures to ensure that Home.Earth is aligned with the EU Taxonomy, and it constitutes a sustainable investment in line with Article 9 of the SFDR.
We are aligning our portfolio to live up to the Substantial Contribution and Do No Significant Harm criteria, and we have established our minimum safeguards. We track potential risk through the Principal Adverse Impact Indicators, and we are committed to comply with future sustainability legislation.
We track 50+ impact indicators across the company and the life-cycle of buildings. They influence which projects we decide to invest in, how we design and build buildings, how we operate buildings, and how we run Home.Earth.