ESG Commitment at Norup + Wilson
At Norup + Wilson, we are committed to sustainable and responsible property development, and we prioritise Environmental, Social, and Governance (ESG) considerations in all aspects of our business operations.
We believe that ESG is not just a corporate buzzword, but a critical framework that guides our decision-making processes to create positive impacts on the environment, society, and our stakeholders.
Environmental Sustainability
We recognise that environmental sustainability is crucial for the long-term health and well-being of our planet. As such, we are dedicated to minimising our environmental impact by implementing sustainable practices in our development projects.
This includes:
- adhering to green building standards, such as LEED (Leadership in Energy and Environmental Design);
- utilising eco-friendly materials and technologies to reduce energy consumption, water usage, and waste generation; &
- prioritising green spaces, biodiversity preservation, and natural resource conservation in our designs, aiming to create sustainable communities that thrive for generations to come.
Carbon Neutral
We aim to achieve carbon neutrality in two categories: during the build phase and during ongoing operation of the asset. For the operation phase, we strive to design buildings that are as close to carbon neutral as possible by either generating renewable power (such as solar power) or reducing power consumption. We believe that the latter approach is more effective, and therefore, we focus heavily on minimizing ongoing operational power consumption. We achieve this by installing capital equipment that promotes energy efficiency such as regeneration drives on lifts, motion sensor lights, LED lights in common areas and carbon monoxide sensors, among others.
Achieving carbon neutrality during the build phase is more challenging. As a guiding principle, we aim to minimize the use of concrete in our designs, only using it in walls where it is necessary.
Social Responsibility
We understand that our developments have a significant impact on the communities in which we operate. We are committed to being responsible and contributing members of those communities.
We strive to engage with local stakeholders, including residents, businesses and local authorities to not only understand their needs and aspirations but to also ascertain how best our developments can enhance the social fabric of the community.
We also prioritise the safety and well-being of our employees, contractors and consultants by adhering to strict safety regulations and providing a healthy and inclusive work environment that promotes diversity, equality, and respect.
Good Governance
We believe that good governance is fundamental to building trust and maintaining accountability. We are committed to upholding the highest standards of corporate governance, transparency and integrity in all our business operations.
We have established robust governance mechanisms, including ethical guidelines, risk management frameworks and performance monitoring systems to ensure we operate in a responsible, ethical and compliant manner. We also actively engage with our consultants to maintain an open and honest dialogue and to seek feedback on our ESG performance.
Our Commitment to Continuous Improvement
We acknowledge that sustainability is an ongoing journey and we are committed to continuously improving our ESG performance.
We regularly review and update our policies and procedures to align with best practices and evolving industry standards. We also invest in research and innovation to identify and implement new solutions and technologies that can further enhance our sustainability efforts.
We are proud of our ESG achievements, but we recognise that there is always room for improvement and we are committed to being at the forefront of sustainable property development.
Conclusion
At Norup + Wilson, our commitment to ESG is ingrained in our DNA and it guides our actions and decisions every day. We believe that sustainable property development is not only responsible, but also essential for creating long-term value for our stakeholders and for future generations.
We are dedicated to promoting environmental sustainability, social responsibility and good governance in all our projects as we strive to be leaders in the industry by setting high standards and continuously improving our ESG performance.