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Home - Our Stakeholders

What’s important to them, our commitment

The real estate sector is at the crux of several issues of the utmost importance in our time, including town planning, demographic shifts, resource scarcity, environmental impacts and emerging technologies. Building design, construction and operation can echo, boost and mitigate the impact of all of these issues on their occupants, owners, communities and society in general.

Sector expectations are changing rapidly all over the world. Investors, owners, tenants, regulators and other stakeholders are clamouring for greater transparency in general and in relation to environmental, social and governance (ESG) issues in particular. This trend is driving demand for information about corporate performance on ESG matters so that stakeholders can build it into their decision-making processes

Ever since it was incorporated, Lar España has maintained that solid knowledge of its surroundings, teamwork and the involvement of the players with a vested interest in its value chain must be championed by the Company from a strategic perspective and in its everyday asset management. To this end, Lar España strives to understand its stakeholders’ expectations so it can incorporate them into its strategic and management decisions and develop adequate reporting processes.

This is why dialogue and the desire to improve stakeholder relations have played crucial role in defining the Company’s corporate social responsibility (CSR) policy, which echoes several of its general principles of conduct: creation of shared value, transparency, employees and business relations.

The starting point for approaching stakeholder management and communication was an analytical exercise to identify the Company’s key internal and external stakeholders.

Lar España is planning to define formal mechanisms for gathering their feedback and enabling twoway communication so that they can express their concerns and Lar España can respond to their needs and expectations, in line with the commitments assumed under its CSR policy.

General
  • To promote communication and dialogue with the company’s shareholders, employees, customers, suppliers and, in general, all of its stakeholders, with a view to understanding and meeting their expectations and incorporating their most pressing concerns into the company’s CSR policy.

  • A commitment to accountability by developing the indicators needed to deliver measurable information that helps set in motion initiatives designed to improve Lar España’s products, services and management processes.

  • A transparency pledge, to which end the Company commits to compile and report relevant and reliable financial and non-financial information about its performance and activities on an annual basis.

Investors
  • To create value for the Company’s shareholders with a view to ensuring the financial strength and sustainability of Lar España in the long run.

Suppliers and the Management Company
  • To ensure that product and service selection processes are not biased in any way, are transparent, objective and equitable.

  • To articulate mutually-beneficial business relationships that generate strategic and forward-looking alliances, underpinned by the establishment of and compliance with Lar España’s corporate social responsibility criteria.

  • To factor corporate social responsibility criteria into business relationships.

Regulators, charitable organisations and environmental advocates
  • To cooperate with institutions, non-governmental organisations, private companies and other entities in pursuit of effective community work related with the development and construction business and with a strategic focus on education, all with the goal of contributing to the community’s economic and social well-being in the medium and long term.

Tenants and other customers
  • To create value for the Company’s owners with a view to ensuring the financial strength and sustainability of Lar España in the long run.

Users
  • To incorporate accessibility criteria into property refurbishment projects, not only with a view to complying with prevailing legislation but also in a bid to create safer and more efficient spaces for all of society, irrespective of their capabilities.

  • To ensure universal access to the properties owned by the Company such that they can be approached, used and enjoyed as safely, comfortably and autonomously as possible by all.

Local communities
  • To contribute to human, economic and environmental development so as to in turn foster the sustainable development and social progress of the communities in which Lar España operates.

  • To channel the charitable concerns and philanthropic nature of Lar España’s employees by means of corporate volunteering and the proposal of specific charitable work initiatives.

Employees
  • To frame talent recruitment, selection and retention policies with equal opportunities, non-discrimination and diversity criteria and to foster measures designed to integrate minorities.

  • To establish a compensation policy that enhances the ability to hire the finest professionals and reinforces the Company’s human capital.

  • To champion the upgrade of employees’ training and skills and to prioritise career promotion by means of performance evaluation.

  • To ensure a safe and healthy workplace

  • To facilitate work-life balance against the backdrop of equal treatment and employee engagement.

Information

Shareholders, investors and indeed any interested party may also use the (www.larespana.com). to channel enquiries or request information. The website includes continually updated information about the Company’s management and investment strategies, economic performance, corporate reports, share price performance, corporate governance rules, etc.

It also hosts a press room with current Company information tailored specifically for the journalist community. Lar España’s press office handles information requests.


General communication channels and contact details

Queries, questions, comments or information Requests
info@larespana.com
+34 91 436 04 37
larespana.com/contacto/

Press

Press office, information about news and developments at Lar España
prensa@larespana.com
+34 91 436 04 37
larespana.com/prensa/

Shareholder and investor information

info@larespana.com
+34 91 436 04 37

Whistle-blowing channel

canaldenuncias@larespana.com