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Sustainability

Our Approach

At LAMDA Development, Sustainable Development is intricately woven into our vision, business strategy, and core values. We firmly believe that it serves as a powerful tool not only for shaping a sustainable future for our company but also for fostering positive impacts on the broader economy, society, and the environment. 

LAMDA Development's Sustainable Operations Strategy is anchored on three fundamental pillars: 

Decarbonization

We are dedicated to achieving net-zero emissions and fostering climate change resilience for the benefit of future generations. 

Circularity

We champion circular economy practices, striving for a net-zero waste and water footprint. 

People & Prosperity

Our focus is on generating economic value, fostering social vitality, and empowering communities to thrive.

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Our Sustainability Model

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Environment

Our commitment is to consistently enhance our environmental performance through the implementation of measures aimed at reducing carbon emissions, optimizing energy consumption, and effectively managing waste and raw materials. 

OUR ACTIONS FOR THE ENVIRONMENT
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Society

Our goal is both to promote economic development and employment opportunities, as well as to improve people's daily lives, with the development of shopping and entertainment centres, as well as innovative urban regeneration projects. 

OUR ACTIONS FOR THE SOCIETY
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Governance

Guided by our unwavering commitment to consistency and transparency, we remain agile in the ever-evolving realm of Sustainable Development, proactively managing potential risks and harnessing new opportunities. 

OUR CORPORATE GOVERNANCE
One
OF THE
“50 Μost Sustainable Companies in Greece" for 2024
1 of the 5
COMPANIES
in Greece which has issued a Green Bond in ATHEX
82%
ATHEX
ESG Transparency Score

Our core values

Our company's values are not mere words on paper; they are a vibrant embodiment of our profound dedication to our employees, customers, and the environment. These values constitute the heart of our corporate identity and serve as our compass in every decision and action we undertake. Consequently, they ignite our pursuit of excellence and drive our mission to create a positive impact on the world around us. 

Extroversion

For us, transparency is more than just a policy; it's the foundation upon which we've established our credibility. Our outward focus fosters meaningful communication and strengthens our relationships with employees, partners, communities, and investors.

Customer-centered approach

Customers are the focal point of our endeavors. We prioritize their needs by delivering high-quality products and services, consistently surpassing expectations through our deep understanding of preferences and relentless pursuit of innovation. 

Investing in our people

We are committed to fostering a positive and inclusive work environment that enhances productivity. We invest in top talent, inclusively, and are committed to giving our people the growth, prosperity, and security they deserve. 

Innovation

We don't anticipate the future - we actively shape it. Our proactive stance drives us to explore innovative approaches that not only promote sustainability and efficiency but also significantly reduce our environmental footprint.

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In alignment with the UN Sustainable Development Goals

Acknowledging the pivotal role of businesses in forging a sustainable future, at LAMDA Development, we seamlessly incorporate the Sustainable Development Goals (SDGs) into our sustainability strategy and our responsible use of raw materials and natural resources. 

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We commit to the 10 universal principles of the UN Global Compact  

 

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LAMDA Development since 2024 is a member of the UN Global Compact - and the UN Global Compact Network Greece - the largest global Sustainable Development initiative, with more than 23,000 members in more than 160 countries and 69 Local Networks.

By actively participating, LAMDA Development supports and aligns its strategies and activities with the 10 Universal Principles of the Compact on Human Rights, Labour, the Environment and Anti-Corruption.

Letter of Commitment

Human rights

Principle 1: We support and respect the protection of internationally proclaimed human rights; and
Principle 2: make sure that we are not complicit in human rights abuses.

Labour

Principle 3: We uphold the freedom of association and the effective recognition of the right to collective bargaining;
Principle 4: the elimination of all forms of forced and compulsory labour;
Principle 5: the effective abolition of child labour; and
Principle 6: the elimination of discrimination in respect of employment and occupation.

Environment

Principle 7: We support a precautionary approach to environmental challenges;
Principle 8: undertake initiatives to promote greater environmental responsibility; and
Principle 9: encourage the development and diffusion of environmentally friendly technologies.

Anti-corruption

Principle 10: We work against corruption in all its forms, including extortion and bribery.

παραθυρα με φυτα

Sustainable Financing

Sustainable financing lies at the core of our dedication to constructing a sustainable future. We place a premium on investments in projects that champion environmental and social responsibility, concurrently delivering financial value. 

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Sustainability Report 2022

See how we make a difference. Delve into our sustainability initiatives and discover our progress on the journey to a sustainable future.

All sustainability reports
Lamda Sustainability Report 2022
Download the presentation

Culture

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Awards & Certifications

  • 2022
    SUSTAINABILITY

    Health & Safety - Multiple awards
    The following "Health & Safety Awards" were presented by BOUSSIAS and the Manufacturing magazine under the auspices of the Greek Institute of Health and Safety at Work: - Winner Award for the Comprehensive Health and Safety Program for the Demolition of the Building Facilities of the Greek Project. - Gold Award for the development of a Modern Evacuation Plan for "The Ellinikon Experience Park" - Gold Award for the Health and Safety Culture Cultivation Program for the Greek Project. - Silver Award for the Comprehensive Personal Protection and COVID-19 Spread Prevention Program. - Pride Awar
  • 2022
    SUSTAINABILITY

    The Most Sustainable Companies in Greece
    LAMDA Development is listed among "The Most Sustainable Companies in Greece 2022" by the QualityNet Foundation.
  • 2022
    SUSTAINABILITY

    EMEA - Construction & Real Estate
    1st place in all 7 categories in the "EMEA - Construction & Real Estate" sector, as part of the annual "Emerging EMEA Executive Team 2022" research conducted by the reputable international business/investment site Institutional Investor to recognize the top professionals in the global institutional investment industry. Additionally, LAMDA achieved the highest weighted rating among all Greek companies participating in the research.
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