Acting responsibly has always been part of PATRIZIA’s business approach. As a leading partner for global real assets, PATRIZIA is aware that real estate is one of the largest contributors to worldwide energy consumption and CO2 emissions driving climate change.
The real estate industry is an exciting industry because we have a profound impact on building communities and sustainable futures. Real estate shapes the future of urban life, commerce and business around the world. Buildings alone account for 40% of our global carbon emissions. This means we have a unique opportunity to make a difference in the communities we live and work in. And we have the responsibility to improve the quality of life for generations to come. Our clear aspiration is to be a reliable and strong partner for all our stakeholders to help them reach their potential and create long-lasting value for them even in the most challenging of environments.
On Earth Day 2021, PATRIZIA CEO Wolfgang Egger shares his thoughts on the enormous responsibility the real estate and construction sectors have to create better workplaces, assets and communities. PATRIZIA, he explains, is on a journey to a net zero carbon footprint.
For 37 years we have been a disruptor in the industry. As an independent investment manager, we have always challenged the status quo and seized new opportunities. We have thrived by being fast and early adopters. And this has helped us weather and emerge stronger from every crisis over the last 30 years.
The real estate industry has been slow in the uptake of new technologies such as artificial intelligence, automation, the Internet of Things and smart data solutions. Our clear ambition is to drive the transformation of our industry as a leader in innovation and technology. We are investing significantly in advanced technologies, disruptive business models and new industry solutions. Our challenger mentality is deeply embedded in our business. And you are at the right place if you want to be a key part of shaping the digital transformation of our industry.
As a leading partner for global real assets, PATRIZIA is aware that real estate is one of the largest contributors to worldwide energy consumption and CO2 emissions that drive climate change. As a real estate expert, PATRIZIA understands its role and responsibility as an investment and asset manager of real estate to create a more sustainable environment by reducing environmental harm and contributing to society in a positive way.
PATRIZIA gives children access to education and heath to live a better life through the PATRIZIA Foundation. For more than 21 years, the PATRIZIA Foundation has being helping children achieve a better, healthier life with more opportunity. We have helped more than 230,000 so far. Currently, almost 90% of schools around the world are closed due to the COVID-19 pandemic. The PATRIZIA Foundation is working closely together with partner organisations on the ground running 18 Children Centers in Africa, Asia, Europe and South to manage the situation and provide information on preventive measures children and their families can take to avoid being infected with the novel coronavirus.
Part of this initiative is building an information platform for all partner organisation to connect, share experience and learn from each other to prevent the spreading of COVID-19 in developing countries which are even more at risk. The PATRIZIA Foundation remains committed to help its partners to support children and young people now and in the future so they can build trust and emerge even stronger from the crisis.