Arco Vara AS 2023 AR2
The report outlines Arco Vara's financial and operational performance for the fiscal year 2023, highlighting a record 20% return on equity (ROE) and the completion of 66 homes in the Kodulahe Rannakalda development. The company commenced its first environmental impact assessment, measuring the lifetime carbon footprint of the Kodulahe Lammi 8 building at 16,085 tonnes of CO2 equivalent. Additionally, Arco Vara successfully sold the Madrid Blvd commercial building in Sofia to focus on its core strategy of residential real estate development. The company also mapped its activities within the ESG framework, identifying key focus areas such as occupational health, customer satisfaction, and energy efficiency.
Company: Arco Vara AS
Sector: Real estate
Country: Estonia
Year: 2023
Type: AR2
Pages: 72
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Arco Vara AS
Annual Report
The report outlines Arco Vara's financial and operational performance for the fiscal year 2023, highlighting a record 20% return on equity (ROE) and the completion of 66 homes in the Kodulahe Rannakalda development. The company commenced its first environmental impact assessment, measuring the lifetime carbon footprint of the Kodulahe Lammi 8 building at 16,085 tonnes of CO2 equivalent. Additionally, Arco Vara successfully sold the Madrid Blvd commercial building in Sofia to focus on its core strategy of residential real estate development. The company also mapped its activities within the ESG framework, identifying key focus areas such as occupational health, customer satisfaction, and energy efficiency.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Employees