Efficient buildings (GRI)

Residential developers, municipalities and customers have long devoted considerable focus to the resource use of buildings during operation. This remains important but requires a proper life cycle assessment as the share of renewable energy increases and fossil fuel dependency decreases, so that increased environmental impact and other costs during production are not detrimental to improvements in the operation phase. In this Bonava contributes to UN SDG target:

• 13.3 Improve education, awareness-raising and human and institutional capacity on climate change mitigation, adaptation, impact reduction and early warning.

Management Approach (GRI 103-2)

Bonava focuses on developing resource-efficient housing units with good energy performance and low water consumption. The definitions and energy performance standards vary between national markets, which complicates comparisons of energy intensity between buildings located in different countries. Therefore, Bonava has set separate targets for each national market in relation to national requirement levels. Adapting Bonava’s building systems to national environmental and certification standards also creates potential for more efficient use of water resources.

An analysis of the starting point for Bonava’s climate targets indicates that energy consumption during the operation phase for buildings completed and sold accounts for around 25 per cent of Bonava’s total climate impact. The use of products sold is therefore a significant category under Bonava’s climate targets for Scope 3 and providing Bonava’s customers with the conditions for efficient energy consumption is important.

Bonava rapports yearly for GRI indicator 302-2 Energy intensity by addressing energy performance of the buildings in relation to the requirements for new production for respective building and GRI indicator G4 CRE1 Building energy intensity.