We have committed to actively mitigate climate change and limit its consequences. By 2050, we aim to reduce our GHG emissions to as close to zero as possible, establishing a carbon-neutral business model.
This commitment encompasses both our internal activities and our collaboration with clients and supply chains.
Currently, we are in a transitional phase, where we deliberately assess the climate impact throughout our entire value chain – from internal processes and services to the activities of clients and partners.
In our operations, we support the transition to clean, renewable, and accessible energy. At the same time, we promote the availability of environmentally friendly and sustainable energy solutions, actively engaging in the development of relevant projects as both a funder and a partner.
There are 228 solar panels installed on top of Rietumu Banka office building, “Rietumu Capital Centre”, which generate electricity for own consumption, thereby reducing environmental impact and optimizing energy use.
We follow the national policy line of strengthening energy independence by financing projects of solar power plant construction, modernization, and development of their connection infrastructure.
At the same time, we encourage sustainable changes in the daily habits of employees, promoting conscious and responsible energy consumption both in the workplace and outside it, as well as advancing knowledge about energy efficiency in internal communication.
We are actively involved in the development of sustainable urban environments and communities by providing funding for socially significant infrastructure and real estate projects that enhance the functionality and ecological resilience of cities.
In cooperation with our clients and partners, we make investments aimed at fostering smart, environmentally friendly, and socially inclusive urban spaces.
Our subsidiaries, including Apella, develop both residential and commercial real estate in accordance with the principles of sustainable construction, ensuring the site integration into the urban environment and taking care of its aesthetic quality. The projects implement solutions that reduce environmental impact, such as the use of solar energy, rainwater management, energy-efficient infrastructure, and the preservation of natural values.
We carry out projects for the preservation and development of cultural heritage, respecting historical identity while simultaneously generating added value for the modern urban environment. By engaging in neighbourhood community initiatives and urban dialogue, the Group strengthens community resilience and the well-being of local residents, fostering a closer connection between business, the environment, and society.