The SBTi or rather Science Based Targets Initiative emerged from the UN Global Compact with the aim of providing a framework to set and align targets with the Paris climate accords. It has become one of the leading climate action frameworks in recent years.
The Science Based Targets initiative (SBTi):
On 11 April 2023, Xior submitted its CO2 reduction targets to SBTi. This plan outlines Xior's path to net zero carbon by 2050. By 2030, Xior will have reduced its scope 1 & 2 CO2 footprint by 42% compared to 2020. SBTi is now assessing these reduction targets and as soon as they are validated, Xior will provide more information on its reduction plan.
By joining SBTi, Xior shows not only that we are serious about our climate ambitions, but also more specifically that we are committed to a reduction level in line with international expectations.
Xior is committed to optimising its portfolio and making it more sustainable. Evaluations of the buildings are carried out regularly, and where possible, the buildings are externally verified. Below is an overview of Xior's external verifications (BREAAM & LEED).
Certificate LEED Basecamp Leipzig
Certificate LEED Basecamp Potsdam
Certificate BREEAM Basecamp Łódź II
Certificate BREEAM Basecamp Katowice
Xior is committed to conducting business fairly and correctly at all times, to communicating openly and to reporting as fully and transparently as possible. For the fourth and third year in a row respectively, Xior achieved EPRA gold for its financial reporting and for its sustainability reporting.
The United Nations has formulated 17 Sustainable Development Goals to provide an answer to the many global sustainability challenges. Xior links 7 of these Sustainable Development Goals (SDGs) to its most important materialities. This creates Xior's ESG Framework, which forms the foundation of the entire ESG framework, with actions, initiatives and implementations.
Want to know more? Read all about it in our ESG report.
The ESG framework (people, planet, process) consists of two pillars that cover the main material themes linked to the SDGs above.
These pillars form the basis of Xior's sustainability strategy.