Azrieli-Corporate-responsability-header

ESG

Building Israel, Committed to the Environment.

Our Vision

Azrieli Group is an Israeli company that leads and builds experiential and innovative spaces for everyone at all stages of their life. We shape the way in which people work, shop and live, and are committed to business, social and environmental responsibility.

Our Sustainability Vision: Our commitment to sustainability is reflected in adopting advanced environmental undertakings and raising the bar as pertaining to environment friendly behavior. Sustainability is an integral part of our business operations, which has always been based upon a long-term perspective and cknowledgement of the need to protect the environment. We strive to be a model for a company that bears responsibility for our environment and the community, to our stakeholders, including the tenants, visitors, residents, employees and suppliers.

 

Code of Ethics >

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Environmental responsibility

To reduce our ecological and carbon footprint, our properties are built in city centers, without depleting open natural areas, and managed sustainably and with energy efficiency. For years now, we have been leaders of green building, committed to green building in 100% of our properties, driven by concern for future generations and a genuine commitment to responsible and sustainable business conduct. We strive for all our properties to achieve LEED (Leadership in Energy and Environmental Design) certification for sustainable building and operation. All of us, from senior management down to the teams on the ground, believe in and are committed to this policy, because we understand that it will generate great value for Azrieli Group and for our stakeholders.

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Social responsibility

Azrieli Group develops and manages many mixed-use properties, in which hundreds of thousands of people work, live, shop and spend time each day. We realize the extent of our impact on the public landscape, society and environment in which we operate, and therefore are committed to develop and boost the Israeli economy, nurture the relationship with the community both locally and nationwide, and enhance the commitment to environmental protection. Our employees are the key to the Group’s business success. We are committed to encouraging, promoting and developing our workers and employees, both professionally and personally, and to improving their welfare in the work environment.

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Corporate governance and economic responsibility

Since most of our operations are conducted in Israel, and owing to our business responsibility for and commitment to the development of the Israeli economy, we prioritize procurement from local suppliers in all our procurement processes. We strive to reduce the environmental impact that results, among other things, from the transportation of goods, expand the local employment circle and empower local businesses, enhance community strength and the local community’s income level, and consequently contribute to the encouragement and development of the Israeli economy.

Our Vision

Azrieli Group is an Israeli company that leads and builds experiential and innovative spaces for everyone at all stages of their life. We shape the way in which people work, shop and live, and are committed to business, social and environmental responsibility.

Our Sustainability Vision: Our commitment to sustainability is reflected in adopting advanced environmental undertakings and raising the bar as pertaining to environment friendly behavior. Sustainability is an integral part of our business operations, which has always been based upon a long-term perspective and cknowledgement of the need to protect the environment. We strive to be a model for a company that bears responsibility for our environment and the community, to our stakeholders, including the tenants, visitors, residents, employees and suppliers.

 

Code of Ethics >

how we do it icon

Environmental responsibility

To reduce our ecological and carbon footprint, our properties are built in city centers, without depleting open natural areas, and managed sustainably and with energy efficiency. For years now, we have been leaders of green building, committed to green building in 100% of our properties, driven by concern for future generations and a genuine commitment to responsible and sustainable business conduct. We strive for all our properties to achieve LEED (Leadership in Energy and Environmental Design) certification for sustainable building and operation. All of us, from senior management down to the teams on the ground, believe in and are committed to this policy, because we understand that it will generate great value for Azrieli Group and for our stakeholders.

how we do it icon

Social responsibility

Azrieli Group develops and manages many mixed-use properties, in which hundreds of thousands of people work, live, shop and spend time each day. We realize the extent of our impact on the public landscape, society and environment in which we operate, and therefore are committed to develop and boost the Israeli economy, nurture the relationship with the community both locally and nationwide, and enhance the commitment to environmental protection. Our employees are the key to the Group’s business success. We are committed to encouraging, promoting and developing our workers and employees, both professionally and personally, and to improving their welfare in the work environment.

how we do it icon

Corporate governance and economic responsibility

Since most of our operations are conducted in Israel, and owing to our business responsibility for and commitment to the development of the Israeli economy, we prioritize procurement from local suppliers in all our procurement processes. We strive to reduce the environmental impact that results, among other things, from the transportation of goods, expand the local employment circle and empower local businesses, enhance community strength and the local community’s income level, and consequently contribute to the encouragement and development of the Israeli economy.

esg_report-2023_eng

ENVIRONMENTAL, SOCIAL, AND GOVERNANCE REPORT 2021-2022

We are delighted to present the Azrieli Group’s ESG report for the years 2021-2022, including updates from 2023. This marks the second bi-annual report by the Azrieli Group, showcasing our work in environmental sustainability and social responsibility. and outlining our future priorities.

Dana Azrieli

“At the Azrieli Group, corporate responsibility is ingrained in our culture, strategies, policies, and governance. We set CSR targets in each operational segment. Our employees are our most valuable asset, driving our commitment to sustainability, community engagement, and environmental stewardship. They are at the core of our ability to create space for people to connect while building a sustainable and responsible future. We firmly believe that our actions can have a positive impact on the environment, the economy, and society.”

Danna azrieli,

chairwoman

Azrieli’s Environment Project

One of our significant initiatives is the “Environment Project”, in which we set the target of reducing the amount of garbage removed to the landfill and increasing recycling rates by 50% by 2025. Reducing landfill waste is done by source separation into various categories and transfer of the waste for recycling, energy recovery, wastewater treatment, and so forth. The project presently operates in some thirteen properties and is expected to expand to about eighteen of our multi-use central properties by the end of 2023. The project is maintained in collaboration with the “Social Green” initiative – an economic-social venture that facilitates the integration of people with disabilities and special needs in the employment market. The collaboration promotes two objectives that are of extreme importance to us: The reduction of landfilled waste and the promotion of equal and diverse employment. As of the date of this writing, the collaboration has proved highly successful and employs about 31 employees with disabilities.

Reducing environmental impacts
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50%
Reduce the amount of waste transferred to landfills by at least 50% in the next three years.
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18
By 2025, obtain LEED O&M certifield propertiesfor 18 of our more-established properties.
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80%
Install electric vehicle charging stations in approximately 80% BUILDINGS WITH EV CHARGING STATIONS
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40%
Increase the participation of women in Group leadership positions to 40% by 2025.

Green Building Policy

Human Rights Policy

Accessibility Policy


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