Icade is taking action to promote environmental transition and is making the fight to stop climate change and preserve natural resources its priority. A pioneering figure in sustainable property, Icade implements innovative solutions to reduce all of its assets’ energy consumption, resource requirements and impact on biodiversity.

Reduction in CO₂ emissions for the Office Property Investment Division between 2015 and 2019

-27 %

Proportion of new construction projects of the Healthcare Property Investment Division with a floor area of over 7,500 sq.m having obtained HQE certification

100 %

Proportion of business parks with a net positive impact on biodiversity

100 %

Proportion of demolitions over 5,000 sq.m having applied a reuse process

67 %

Our commitments

  • Transitioning to a low-carbon pathway

    Icade is actively involved in carbon reduction and has made it a priority. In accordance with the French national low-carbon strategy for the construction industry, Icade has made new CSR commitments with goals consistent with a 2°C or even 1.5°C pathway. The Company has taken steps to reduce its carbon footprint and have assets resilient to the consequences of climate change. It has implemented an action plan with a budget of €40 million in order to reduce the carbon intensity of Office Property Investment assets by 45% between 2015 and 2025.

    To do so, Icade is replacing the heating, cooling and lighting equipment in its properties with more energy-efficient appliances. It is increasing the proportion of renewable energy in its energy mix and developing the use of low-carbon construction materials such as wood. Finally, Icade supports its tenants through green lease committees and its operators via energy performance contracts.

  • Promoting biodiversity and nature in cities

    Icade works to protect biodiversity using a range of measures designed to reintegrate nature into cities via its Service Properties, Healthcare Properties and Development divisions. This proactive approach meets both the requirements of local authorities and the expectations of its customers in terms of making tangible improvements to their surroundings. 

    As an example, Icade manages biodiversity in its business parks through biodiversity performance contracts signed with CDC Biodiversité. Under these contracts, indicators have been created and may be revised from time to time to best monitor animal and plant life, landscape maintenance, etc. Icade is also very involved in the development of urban agriculture. One of the largest urban farms in France is located in the Portes de Paris business park, namely the 1,000 sq.m Farmhouse Aubervilliers, dedicated to growing vegetables using aquaponic and vertical growing systems. Lastly, development projects are subject to biodiversity assessments conducted in the design phase. Several projects have obtained the BiodiverCity label, such as the “Les Quinconces” project which will be part of the 2024 Olympic and Paralympic Village in Saint-Ouen-sur-Seine in addition to creating a 3,000-sq.m urban forest and rooftop gardens.

  • Integrating the principles of a circular economy into products and services

    Icade has partnered with Egis to launch Cycle Up, the first digital platform dedicated to the reuse of building materials available to participants from across the construction industry.

    For its existing assets, Icade has also put in place waste sorting units, a collection scheme for used objects and solutions to reduce and better manage water consumption. The different divisions are committed to the reuse of building materials for demolitions, renovations and refurbishments. Lastly, Icade educates and informs its customers about best practices with respect to waste management and water consumption through green lease committees that it was the first to introduce. 

  • Innovating to achieve sustainable construction

    The construction stage of buildings now accounts for the majority of a building’s CO2 emissions over a period of 50 years. To reduce its carbon footprint as far upstream as possible, Icade is implementing life cycle analyses and uses sustainable and biosourced materials. 

     Icade actively contributes to research and collective discussions in this area as part of organisations that focus on low-carbon buildings, such as ADIVbois and BBCA. Its projects act as pilot schemes to help establish new certifications and labels, such as E+C- (energy positive, carbon-reduction), BBCA (low-carbon building), and BiodiverCity. Icade also pilots smart building labels such as R2S (Ready to Service) and quality of life at work (OsmoZ). 

  • Developing eco-mobility solutions

    In France, 70% of commuter journeys are made by car. A key player in service and residential properties, Icade has chosen to make sustainable mobility into an asset for its customers. Its buildings are located near public transport networks, and it rolls out innovative sustainable mobility solutions that improve users’ comfort: privately-owned public transport (a private fleet of 100% electric buses and electric river shuttles in business parks), charging points for electric vehicles, car-sharing, car-pooling and bike-sharing solutions, and more.  

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The Athletes Village: a project with stringent environmental requirements

Icade, Caisse des Dépôts and CDC Habitat were awarded the contract to build the Athletes Village project in Saint-Ouen-sur-Seine, with a capacity to house 3,000 athletes from all over the world. This project is aiming for high environmental performance through a bioclimatic building design and an urban forest composed of 3,000 sq.m of rooftop gardens. It is also committed to obtaining the BiodiverCity and E+C- labels. After 2024, this village will become a genuine, vibrant neighbourhood with housing units for families and students, offices, businesses, etc.

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Nature 2050: restoring the most fragile ecosystems

Based on protecting and adapting particularly vulnerable ecosystems and natural habitats to climate change, this programme currently supports 24 projects covering over 600 hectares. Icade demonstrates its commitment to Nature 2050 by funding the restoration and preservation of 1 sq.m of natural habitat for each sq.m of land built, equivalent to 6,777 sq.m restored in 2019.

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Cycle Up: a digital platform dedicated to the reuse of building materials

Launched by Icade and Egis, this platform dedicated to the reuse of building materials involves participants from across the industry. Since its creation two years ago, Cycle Up has avoided 161 tonnes of waste generation (663 tonnes of CO2) enabling buyers to save over €1 million. Cycle Up also promotes professional integration through its partnership with Ares, a professional integration specialist responsible for transporting, selectively removing and warehousing building materials.

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Airlab, a driver of improvement for air quality

A partner of Airparif, the organisation responsible for monitoring air quality in Ile-de-France, Icade is also one of the founding members of Airlab. As part of this, it works with Veolia to test the reliability of the latest generation of micro-sensors designed to measure and control indoor air quality.

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Origine, an exemplary building

Located in Nanterre, Origine is a wood and concrete project, scheduled to be handed over in 2020. A life cycle analysis has been performed, and the building has ambitious aims in terms of certification and labelling: HQE Excellent, LEED Gold, BREEAM Excellent, WELL Core and Shell Silver, E+C- level E2C2, BiodiverCity and WiredScore Platinum.

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Commitment to sustainable finance

Icade issued its inaugural €600 million green bond in 2017. To promote sustainable finance and actively participate in the drafting of standards and regulations, Icade became involved in the Corporate Forum on Sustainable Finance alongside 22 other European issuers of green bonds in January 2019. Icade was awarded the top spot in the world’s top 10 ranking for the quality of green bond reporting by the Climate Bonds Initiative in its March 2019 report “Post-issuance Reporting in the Green Bond Market”.

Results of the 2019-2022 CSR commitments

By clicking on this link, you will find the table in Excel format of the CSR indicators.

Contact

Daphné Millet

CSR Director