OUR STRATEGY
At Gmp we are committed to creating long-term value in balance with the environment and society, allowing the people who work in and enjoy our spaces to have differential experiences.
For this reason, we incorporate environmental, social and governance (ESG) factors into our decision-making processes and our business model.
To this end, our main tool is the ESG Strategic Plan 2024 – 2028, which incorporates the most relevant issues identified through dialogue with our stakeholders with the aim of:
The Plan is articulated through 11 strategic pillars, which are distributed in the three ESG dimensions, and a total of 69 actions have been defined, which include the main issues that, from our understanding, we believe we can promote:
ENVIRONMENT
SOCIAL
GOVERNANCE
Our commitment to ESG management is supported and involved by senior management, who define the objectives, plans and policies. Therefore, the Board of Directors is the highest governance body responsible for ESG management, as reflected in the Group’s ESG policy. At the same time, the Board delegates to different committees to ensure the correct implementation of policies and plans, especially the Audit, Compliance and Sustainability Committee and the ESG Committee.
On the other hand, we have complementary policies and systems in place to ensure transparency and reinforce the achievement of key commitments:
ESG in diferent fields
ENVIRONMENT
ENVIRONMENT
SOCIAL
SOCIAL
GOVERNANCE
GOVERNANCE
Double Materiality
For us, it is essential to understand and respond to the expectations and needs of our stakeholders. To identify the relevant topics, we conduct a double materiality analysis that covers both internal and external effects, allowing the Company to determine key areas on which to focus its efforts. This approach, aligned with Gmp’s strategic sustainability objectives, strengthens both its corporate and business commitments, and also reinforces relationships with the various stakeholder groups.
The methodology is structured into the following three phases:
Phase 1: IDENTIFICATION OF IMPACTS, RISKS AND OPPORTUNITIES (IROs)
Comprehensive analysis of various internal and external information sources.
Review of the stakeholder map.
Identification for each IRO of the affected stakeholder group, time horizon, the point in the value chain where the impact occurs, and the person responsible.
Phase 2: ASSESSMENT OF IROs, ACCORDING TO
Positive actual or potential impacts.
Negative actual or potential impacts.
Financial risks.
Financial opportunities.
Phase 3: VALIDATION AND CONSOLIDATION OF DOUBLE MATERIALITY RESULTS
Consolidation of IROs into “ESG Aspects.”
Validation of the results by the ESG Committee, the General Management, the Management Committee, and the Executive Committee.
Eight material topics were identified for Gmp, whose prioritization is reflected in the following matrix.
Committed to the SDGs
Our ESG Strategic Plan incorporates the Sustainable Development Goals (SDGs) of the United Nations, specifically, our activity contributes to the fulfilment of:
During the materiality analysis update, each of Gmp’s 12 relevant topics were linked to the corresponding Sustainable Development Goals (SDGs), as detailed in the Company’s ESG Report.
Integrated Management System
At Gmp we have had triple certification from AENOR for an Integrated Quality, Environmental and Occupational Health and Safety Management System since 2009. We were the first Spanish real estate company to obtain it in the activities of:
In February 2024, we renewed these certifications until 2027 in accordance with the UNE-EN-ISO 9001:2015 “Quality Management Systems”, UNE-EN-ISO 14001:2015 “Environmental Management Systems” and UNE-EN-ISO 45001:2018 “Occupational Health and Safety Systems” and we maintain our differential position as the only Spanish real estate company to hold them.
The Integrated Management System represents Gmp’s commitment to continuous improvement as a strategic value and management model for our company.
Top management actively participates in the annual Management Review, as well as in the six-monthly Management Review, ensuring genuine involvement and constant monitoring of the System.
Likewise, we actively disseminate the Integrated Policy of the Integrated Management System, which establishes that quality, the environment and occupational risk prevention are everyone’s responsibility, so this policy must be taken into account in all the company’s activities and decisions.
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