Sustainability

Part of QUEST's DNA is to preserve buildings. This alone helps us avoid tonnes of emissions. We are renovators and modernisers and see real estate as more than just raw materials with different facades and areas for living, working and doing business.
01.

Our contri­bution towards sustainability

The QUEST Group practices holistic and long-term real estate management. Our team analyses the particular charac­ter­istics of a building, obtains building permits, solves complex struc­tural engineering tasks and manages the letting of office and retail properties. In short: we manage all the stages of the value chain in close cooper­ation with author­ities, munic­i­pal­ities, co-investors and tenants, as well as with renowned archi­tects and engineering firms. Our aim, at all times, is to provide seamless project devel­opment in order to achieve a property that will retain its value over the long term.

As a project devel­opment and real estate investment company, we take our respon­si­bility in each of these phases very seriously. We align our long-term climate strategy with the major European and German climate protection targets wherever this is possible and reasonable. Our shared endeavour is to limit the average global temper­ature increase to 1.5 degrees Celsius and to achieve a successful transition to a CO2-neutral economy.

02.

What is our contri­bution towards the global climate goals?

Preserving buildings is part of QUEST’s DNA. This alone helps us avoid tonnes of emissions. We are renovators and modernisers and we regard properties as more than just raw materials with different façades and spaces to live, work and do business in. Buildings have their very own history – one that is often fasci­nating and yet forgotten. Our goal is to bring this history to the fore, to carefully integrate historical details into our plans and to future-proof the building with all its charac­ter­istics. In doing so, we always aim for a CO2-optimised moderni­sation process.

From an urban planning perspective, preserving existing properties does not always make sense. The few new construction projects we undertake are approached with respect and consid­er­ation – we are aware that buildings contribute towards the overall aesthetic image of a city for decades to come. We therefore aim to ensure that our buildings enhance the quality of life in their surroundings and that they play a lasting and constructive role in shaping urban development.

If demolition is necessary, we recycle old materials and thus contribute towards the circular economy. When constructing new buildings, we are open to using new materials such as environ­men­tally friendly cement and ecological insulating materials; low-pollutant plaster and paints, photo­voltaic plants and many green areas are also part of our LEED-certified concepts.

03.

Forest invest­ments to issue CO2 certificates

In 2020, the share­holders of QUEST Investment Partners started making inter­na­tional forest invest­ments. They plan to acquire further areas with the aim of issuing CO2 certifi­cates themselves. These can also be used to offset their own projects. 

04.

Climate strategy: avoid, reduce, offset

We have had our corporate carbon footprint analysed by an inter­na­tional service provider and reviewed the results with a team in order to develop targeted measures. Our climate strategy is based on three pillars: avoid, reduce, offset. 

Avoid
The analysis of our business activ­ities has shown that business trips and commutes to the office by our employees cause by far the greatest emissions. In the future, we will therefore conduct more video confer­ences and fewer business trips, offer working from home as an option and use hybrid vehicles as company cars.

Reduce
In addition, we have switched all offices to green electricity and intro­duced measures that reduce our energy and water consumption as well as our waste.

Offset
For 2020, we have offset green­house gas emissions related to our business opera­tions and are climate neutral. To achieve this, we supported refor­estation projects in Switzerland, Costa Rica and Borneo, among others. As Germany is our home market, we also invested in a regional forestry project. 

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