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Environmental certification of properties

Pandox’s main environmental impact comes from the properties – primarily from heating and electricity and the use of building materials. Pandox is therefore focusing on various activities to reduce energy and water consumption and to increase resource efficiency in operation, production and distribution.

Since Pandox main environmental impact comes from heating and electricity, Pandox is working towards a long-term goal of increasing the use of renewable energy sources as part of the Company’s ambition to offer green properties.

In 2021 the total share of renewable energy – for example from wind and hydropower – was 41 percent of the total energy consumption. For hotels within Property Management renewable energy accounted for 39 percent and in Operator Activities, 48 percent.

BREEAM

BREEAM is the established standard in Europe for green buildings. The certification process involves assessment and a scoring system in the following areas: Energy,
Transport, Water, Resources, Pollution, Health and Wellbeing, Land Use & Ecology, Resilience and Management. Certification is a tool to improve environmental performance by taking steps during construction as well as in management and operation, and is a way to internally increase knowledge of and commitment to environmental efforts. Pandox’s goal is to achieve a rating of Very Good.

BREEAM

Energy saving projects

For Pandox as a property owner it is very important to maintain the properties and make them more energy efficient in order to maintain property values and reduce environmental impact and operating costs.
In 2021 several energy-saving projects were implemented within Property Management with estimated annual savings of almost 520,000 kWh and 7.6 million litres of water.

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