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Our commitments

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CO2 REDUCTION TARGETS SUBMITTED TO SBTi 

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):

  • Defines and promotes best practice in emissions reductions and net-zero targets in line with climate science.
  • Provides technical assistance and expert resources to companies who set science-based targets in line with the latest climate science.
  • Brings together a team of experts to provide companies with independent assessment and validation of targets.
  • The SBTi is the lead partner of the Business Ambition for 1.5°C campaign - an urgent call to action from a global coalition of UN agencies, business and industry leaders, mobilizing companies to set net-zero science-based targets in line with a 1.5°C future.

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.

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GREEN BUILDINGS AND EXTERNAL VERIFICATIONS 

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).

Overview of external verifications

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TRANSPARENT REPORTING

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.

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THE SUSTAINABLE DEVELOPMENT GOALS OF THE UNITED NATIONS 

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.

 

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ESG Framework

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ESG FRAMEWORK

The ESG framework (people, planet, process) consists of two pillars that cover the main material themes linked to the SDGs above.

  1. Best in class organisation and employees:
    Achieving operational excellence by ensuring that the organisation operates in an ethical and transparent manner, and that its people can flourish.
     
  2. Happy students in efficient buildings:
    Providing quality and sustainable housing where students feel comfortable, safe and at home.

These pillars form the basis of Xior's sustainability strategy.

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