Sustainable development

Frey, a committed and responsible player

Integrating sustainable development comes naturally to Frey Group. We take these concerns on-board during the design, construction and management of our eco-friendly retail and leisure parks.

2020 : launch of an innovative climate contribution strategy

Objective : carbon neutrality by 2030

Frey : which carbon footprint?

Frey 2019 carbon footprint (breakdown of emissions vs. scopes) : 275.887 t.eq. CO2

2030 climate contribution : the strategy

A massive commitment to the French timber industry :
€35 million over 10 years  for the acquisition and operation of sustainably managed forests in France (FSC of PEFC)

Frey is creating its own Forestry Groupe FoREY :
acquisition of an initial 104-hectare forest in Côte d’Or (France)

Reinforcement of Frey’s low-carbon model

An inclusive approach : all Frey’s stakeholders are involved in supporting this strategy :
employees, service providers, brands, local authorities, general public

Measuring progress and steering the strategy

Objectives : to reduce this charge to zero €
and to achieve carbon neutrality by 2030

Frey’s environmental commitment is:

Methodical engagement for all projects
with a certification process (BREEAM® and/or HQE® NF Bâtiments tertiaires)

The establishment of a GMS (general management system)
in order to optimize energetic performance and to achieve the targets set by regulations

The presence of biodiversity
through special attention paid to the design and operation of assets (beehives, insect hotels, etc.)

10 certified assets (Breeam® and/or HQE®)
The environmental and energy performance of the Frey group’s locations meet the best practices requirements.

8 assets labelled Valorpak®
Among the Valorpark® label criteria, Frey outdoor shopping centers are recognized for their environmental quality.

Frey is a founding member of the BBCA Association (Association for the Development of Low Carbon Building)
The Association for the Development of Low Carbon Buildings (BBCA) works to reduce the building’s carbon footprint and to highlight best practices and exemplary buildings.

Focus on

Strasbourg (67)

Agriparc at Shopping Promenade® Cœur Alsace

2020 opening
5 agricultural hectares
100 % of the production distributed on site in an ultra-short circuit
40 local producers

Frey is developing, in its Shopping Promenade® Cœur Alsace, a collaboration with a local group of farmers and makes available to them, within the area, an Agropark of more than 5 hectares to cultivate organic products.

The collective will offer a point of sale and a restaurant using only products in an ultra-short cycle and from organic farming.

This collaboration is based on a deep conviction that it is possible to restructure urban life and trade in out-of-town areas while making the most of the opportunities in the surrounding land and renewing contact with local farms, a very popular idea among urban consumers.

This project has been designed in conjunction with local stakeholders including public bodies, elected representatives and farmers. The outcome is unique – a remarkable site promoting social diversity through its future customers (young people, adults and senior citizens, visitors, residents and employees from the industrial zone).

 

Shopping Promenade® Cœur Alsace

Our news

11/12/2020

FREY signs a €70 million solidarity-based revolving credit line with Crédit Agricole Group and supports the CUISINE MODE D'EMPLOI(S) organisation

Company life, Finance & results

10/13/2020

FREY acquires two new forests and accelerates its zero carbon strategy

CSR & sustainable development

09/23/2020

2020 HY results - Strong outperformance from FREY open-air shopping centres in the context of an unprecedented health crisis

Finance & results