ESG Leadership at BLG Capital

At BLG Capital, we are deeply committed to minimizing our environmental footprint and promoting sustainable practices across our real estate portfolio. Our focus areas include energy efficiency, carbon reduction and sustainable design. By implementing energy-efficient technologies, incorporating renewable energy sources, and prioritizing sustainable building materials, we strive to create environmentally responsible properties that contribute to the well-being of our planet.

Galataport Istanbul has earned LEED Platinum certification back in 2021, which underscores BLG’s commitment to expanding its ESG initiatives. Furthermore, BLG has also received LEED Platinum and BREEAM certificates for Soho House Istanbul and The Peninsula Istanbul, respectively. These accomplishments highlight BLG’s dedication to sustainable practices.
Our ESG Goals
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Net Zero Emissions
We aim to reduce greenhouse gas emissions and achieve net-zero emissions

We implement renewable energy solutions across our portfolio and our properties to be powered by renewable sources

We continuously monitor and report emissions data, providing transparency on our progress towards achieving our net-zero goal
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Carbon Emissions
We intent to decrease carbon emissions

We are planning to achieve carbon neutrality for all our owned properties
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Energy Efficiency and Green Building
We improve energy efficiency across our properties by implementing energy-saving technologies, optimizing HVAC systems, and upgrading lighting systems

Our Galataport project has been awarded with the "Leadership in Energy and Environmental Design" (LEED) platinum certification and we strive to obtain green building certifications (e.g., LEED, BREEAM)

Explore innovative sustainable design and construction practices to reduce the environmental footprint of our new developments
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Water Conservation
We aim to reduce water consumption across our properties

We implement water-efficient fixtures and technologies to achieve LEED or equivalent certification

We invest in water capture and reuse systems to offset of water consumption
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Waste Management
Our target is to divert of the construction and demolition waste from landfill

We implement recycling programs in all properties, waste recycling

Minimize single-use plastics across our operations
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Responsible Investment
We develop and adhere to a responsible investment policy that integrates ESG factors into our investment decisions

We avoid investments in industries with significant environmental or social risks, aligning our portfolio with sustainable values

We intent to increase the percentage of ESG aligned investments in our portfolio
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Stakeholder Engagement and Transparency
We engage with our stakeholders through regular communication channels, feedback mechanisms, and transparent reporting

We incorporate stakeholder input into decision-making processes and demonstrate how their feedback has influenced our ESG initiatives
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Monitoring and Reporting
We track key performance indicators (KPIs) such as energy consumption, waste reduction, employee diversity metrics, and community engagement

We are working on external ESG audits or certifications to validate our ESG practices and provide additional assurance to stakeholders

We implement a third-party verification process for our ESG reporting to enhance credibility and transparency
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Join us on our ESG journey
We aim to encourage our stakeholders to participate in our ESG efforts through volunteering programs, sustainability workshops, and tenant sustainability commitments

We invite investors and partners to collaborate on co-developing ESG initiatives, leveraging their expertise and resources to accelerate progress

We highlight the mutual benefits of joining forces to advance sustainability and create positive impacts in the communities we operate

We are committed to continuously improve our ESG performance, and we invite you to join us on our journey towards a more sustainable and inclusive future