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Our
commitments

As part of its continued commitment to the common good, symbolised by its status as a “mission-driven company”, FREY was the first French listed company to become B Corp certified. Awarded by the independent organisation B Lab, this certification attests to the sustainable and responsible practices FREY has incorporated into its business model. Obtaining this demanding certification rewards the work done by the Group, both in terms of its governance and its attention to the environment.

FREY, a mission-driven company

Our purpose: Putting retail at the service of the collective interest.

We are not going to save the world, but through its concepts, construction methods, and site operations, FREY is committed daily to a more responsible society, respectful of the environment, and socially beneficial to its ecosystem and stakeholders.

To go further, the company has defined a Mission based on 4 pillars:

Parc valles
Retail, a vector for urban diversity
FREY is committed to reinventing the way shopping areas are imagined, turning them into mixed-use places with a variety of purposes. Through its action, the Group aims to turn these areas into mixed-purpose spaces, integrated into their environment in a sustainable way. To achieve this, the specific characteristics of each area are taken into account in the design of our property developments. Their structure is also designed to make them modular and scalable.
XTREM AVENTURES-POLYGONE RIVIERA
Retail, a vector for social cohesion and local economic resilience
FREY contributes to strengthening the attractiveness of local areas while promoting responsible and sustainable consumption. With these vibrant and welcoming living spaces, the Group aims to make its sites drivers of local economic development by promoting jobs, supporting entrepreneurship and working with community organisations.
Shopping promenade sunset
Retail, a vector for environmental transition
FREY fully integrates current environmental and energy issues into its business. The Group is taking action on several fronts to reduce the impact of its operations: limiting land take, adopting low-carbon construction practices, using bio-sourced materials (such as wood) and preserving biodiversity. In the real-estate sector, FREY is developing environmentally-friendly construction methods, optimising the energy management of its sites and promoting the use of renewable energies.
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A company serving the common good
To achieve its mission, FREY relies on a collective commitment involving all its stakeholders, both internal and external. Internally, employees play a key role and are fully involved in achieving the objectives of the mission. Externally, brands, suppliers and site visitors must also be made aware of the uses and scope of this mission. A better understanding of what is at stake for everyone will strengthen their contribution and ensure the success of this joint approach.

Our Mission Committee

To ensure proper implementation of its mission, FREY has set up a Mission Committee that meets twice a year. Chaired by Nathalie Palladitcheff, it is composed mainly of external stakeholders. Beyond monitoring the mission’s implementation, it reports any shortcomings and undertakes necessary tasks. As a key body for listening, dialogue and critical insight, the committee acts as a challenger — a true “critical friend”.
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FREY has set up a Mission Committee as a separate corporate body to monitor implementation of the mission, taking into consideration the interests of stakeholders that have a direct link with the Group’s activities.
The Committee comprises 6 members :

NATHALIE PALLADITCHEFF

Mission committee chair

President and Chief Executive Officer of IVANHOE CAMBRIDGE

CARINE STOEFFLER

Director of ESG engagement & risk manager at FREY

CLÉMENCE BECHU

Partner, development director at Bech & Associes

ELISABETH LAVILLE

Founder of Utopies

CHRISTOPHE GAROT

CEO of Bopro France and consultant in responsible growth

Comité de mission FREY
FoREY, the forest association
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    Sustainable development is an integral part of FREY Group’s DNA. The Group is committed to designing, building and managing environmentally responsible places for commerce and life. As part of its low-carbon strategy and to support its development model, FREY is working to secure its supply of construction timber to feed its project pipeline. In this context, the OPEN project in Saint-Genis-Pouilly will be the Group’s first development built primarily from wood, both in its structure and façade. FREY is also helping to boost the French timber industry by supplying it with high-quality certified raw materials.

Find out more about our mission

Read the 2024 mission report