Appeninn Plc. Publishes Sustainability Report

Appeninn Plc., which is a major player in the Hungarian real estate market, and also present in the Polish real estate market since 2023, has revealed its short-term sustainability strategy as well as sustainability vision for the next 10-15 years on the website of the Budapest Stock Exchange.

According to the report, it is essential to increase the company’s financial result, energy-efficient and low-carbon operation, having a significant impact on the direct and remote environment of the company. To this end, the company will prioritize the use of innovative technologies and the progressively increasing share of renewable energy sources when making strategic and operational decisions, both when purchasing and generating energy.

With regard to both existing properties and future acquisitions, the company will focus on increasing energy efficiency, responsible water management and optimizing waste management as its most important sustainable business activities.

Taking into account the potentially available administration processes as well as the preferences or possible constraints on behalf of our partners, the company will favor digital solutions for document management and decision-making processes, and encourage direct and indirect contacts in their network to do the same, thereby reducing undue strain on the environment. The expansion of selective waste collection in their properties serves similar goals.

Through the implementation of short-term strategic plans, the company will integrate sustainability into its business model, not only to promote its profitability and market position, but also to create a more livable and balanced environment.

As regards Appeninn’s sustainability vision for the next 10-15 years, the report says that in line with increasing expectations and global trends, Appeninn's Board of Directors is committed to put energy efficiency, environmental aspects, corporate responsibility, a corporate climate that encourages and inspires commitment, transparency and compliance with ethical standards into the focus of its operations and decisions, as the integration of ESG aspects into their business processes will have a positive impact on the Group’s long-term performance and reputation, as well as on their immediate and remote environment.

"We are planning to incorporate further ESG indicators and targets into our Sustainability Reports in the future. When compiling the reports, we will not only bear in mind compliance with legal obligations, but also the aspect of providing a transparent presentation of our goals and performance and reflecting our commitment to sustainability," the report adds.