ESG reporting process

We’re open to feedback from our stakeholders

We created the ESG report in cooperation with social and business groups, that are important for us. The publication’s structure was prepared according to the GRI 2021 standard, after consultations with our stakeholders during the process of determining the material topics.

ESG report 2023

We encourage you to take a look at the publication, that sums up our ESG initiatives in 2023. In our report you’ll find general information about VD business activity, the company’s impact on the environment and the successful realization of our ESG objectives.

You can download the publication down below.

Goals to achieve

It's time to make a world a better place!

In 2015 The United Nation organization published The 2030 Agenda for sustainable development. The document contains 17 goals that will help in improving the quality of life, combating climate change and supporting economic growth globaly.

The ESG Strategy
for 2024–2028.

The ESG Strategy for 2024–2028 sets the directions for our sustainable development through defined goals in three areas: environmental, social and governance:

E – Environmental – actions to protect the climate and reduce our environmental impact,

S – Social – care for employees, local communities, and positive social impact,

G – Governance – ethical, transparent, and responsible management.

TEAM COMMITMENT

How do we manage the ESG topic?

The company supports sustainability activities by involving the VD team. The company has appointed the Board's Plenipotentiary for ESG to coordinate activities, contact the stakeholders and report progress to the top management and the shareholder.

Team commitment

The organization supports sustainability efforts, involving the entire team. Employees and Associates participate in creating new ideas, sharing information, creating and implementing ESG initiatives.

We actively build relationships
with stakeholders

Environment

The construction sector is responsible for 28% of global CO2 emissions. We are aware of our negative impact on the environment - we monitor it, analyse it and proactively seek solutions to reduce it.
Standard of apartments for rent
We equip Vantage Rent apartments with high quality furniture, so that they can serve tenants for many years. We use water-purifying filters and install containers for waste segregation. In kitchens and bathrooms we install energy-efficient household appliances.
We use high quality window joinery and insulation materials to minimise heat loss. In addition, we invest in renewable energy by installing photovoltaic panels on the roofs of buildings. We make pedestrian footpaths with anti-smog paving blocks.
We are the first PRS platform in Poland to introduce apartments with a Smart Home system. In line with our ESG strategy, we are looking for and implementing more low-carbon solutions, the implementation of which supports both the environment and our tenants. With smart apartments, we reduce carbon emissions, and tenants reduce their bills.
During construction, we follow the principles of sparing felling, and we take special care of exceptionally valuable specimens (e.g. the row of oak trees in the Popowice Port). We carry out replacement plantings and replant trees whenever possible. We build rainwater retention systems which we use to water the plants. In selected projects we build green roofs.
We create complex infrastructure for bikes in buildings and housing estates. We are a sponsor of Wroclaw City Bike (WRM) stations and one of investors in the construction of a tram line to Popowice. We are gradually supplementing our company fleet with hybrid cars (in 2021 - 5, in 2022 - 12 vehicles).
We use new technologies to minimise paper documentation. We offer tenants a system of electronic financial screening and quick payments. We hand over the apartments using a form in a tablet, and the current service is based on EBOK.
Environment

Social

Almost from the beginning of the company's existence, we have been involved in charity initiatives. We are currently intensifying topics related to diversity and integration of our team through joint volunteer activities.

Women in VD

Women constitute 62% of our team and occupy 56% of managerial positions, and in the group of the management board and directors approximately 30%.

We ensure that all our employees have equal access to benefits, training and promotion.

Charitable activities

We regularly cooperate with e.g: the Wroclaw Hospice Foundation for Children [Fundacja Wrocławskie Hospicjum dla Dzieci] or the "To the Rescue of Children with Cancer" Foundation [Na ratunek Dzieciom z Chorobą Nowotworową].

In 2020 and 2021, we supported Wroclaw hospitals in the fight against the pandemic - through financial and material donations.

Employee volunteering

In January 2022, we launched the „DOBROczynni” volunteering programme.

Employees are encouraged to initiate and implement their own charitable projects, which will be 100% funded by the company.

Openness to diversity

22% of Vantage Rent customers are foreigners. With them in mind, we translated the website and all the documents (agreements, regulations, marketing materials) into English, Ukrainian and soon also Russian.

Regardless of the background, age or family status - all tenants are welcome with us.

Local communities

We care about building positive relationships with local communities and engage diverse resources to achieve common goals.

We cooperate, among others, with the Heart of Szczepin Association [Serce Szczepina], Moje Popo Association and the Active Senior Foundation from Popowice [Fundacja Aktywnego Seniora].

Governance

At Vantage Development we care about ethical standards. We conduct our business in a responsible manner, in compliance with the law, but also with our internal rules.

Compliance for every day operations

Risk management and monitoring

Our legal team in constantly monitoring law changes and adapting our current operations to the new regulations. We analyze risks linked to our business activity and we take a proactive approach to minimaize it efficiently.

In March 2021, we adopted a set of Compliance Policies and, in cooperation with an external provider, we launched a whistleblowing system. Those who witness situations that conflict with our values or applicable laws are encouraged to submit anonymous notifications..
Check compliance policies

Contact

If you are interested in our acitivity in the sustainable development topic (ESG) or you're one of our stakeholders and you want to share your opinion - feel free to contact us!

22 888 50 50

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