4 Promoting integrity and transparency
Integrity, transparency and corporate social responsibility are fundamental to the way Bouwinvest achieves well-balanced returns. The management communicates openly about its decisions and the company’s financial and non-financial business performance in line with international standards, such as the Global Reporting Initiative (GRI).
An independent Compliance department identifies, assesses and monitors integrity risks and the annual report 2022 has been presented to the Management Board in the first quarter of 2023, including recommendations on how to move forward. Every year Bouwinvest organises mandatory employee workshops to boost integrity awareness. In 2023 89% of the workforce took part in at least one session, 10 % of the employees who did not take part were on long-term leave of left employment during the workshops and 1% did not attend the workshop without such a reason.
Bouwinvest also participates in a yearly UN PRI benchmark survey on this subject and scored 5 stars (96 points) on the Direct Real Estate module and 4 stars (80 points) on the Policy Governance and Strategy module in 2023.