MERLIN Properties Annual Report 2023

| 69 MERLIN’s commitment to sustainable management MERLIN manages its activities responsibly, ensuring the sustainable achievement of long-term objectives and the generation of shared value for its stakeholders. This practice is based on strict compliance with current legislation and adherence to international benchmark standards, reflecting its commitment to operational excellence and corporate responsibility. In this context, MERLIN’s primary commitment is to achieve sustainable profitability to ensure the success of its business project, taking into account the expectations of its stakeholders. In addition, growth is sought that does not harm the environmental performance of the organisation, minimising any impact on the environment. The integration of sustainability into asset development and repositioning processes is prioritised as a core strategy. SUSTAINABILITY POLICY MERLIN Properties considers sustainability to be a lever for the creation of value in the environment in which the Group operates, mainly through its assets. The principles governing MERLIN’s sustainability roadmap are as follows: MERLIN’S SUSTAINABILITY ROADMAP • Develop and operate sustainable assets • Mitigate the carbon footprint of the whole value chain • Enhance the end-user experience • Create quality spaces for tenants • Contribute towards a more sustainable mobility • Installation of energy efficient systems and equipments • Photovoltaic plan (Project Sun) • Launch of Pathway to Net Zero GOALS ACTIONS UNDERTAKEN • Focusing on the air quality, lighting and accessibility • Creation of Merlin HUB for all business park users • Installation of electric vehicle chargers in all Offices and Shopping Centers • Reduce resources consumption • Improve the cities in which we operate • Promote cohesion and integration through our assets • Asset management for peak operational efficiency (energy, materials and waste, water) • Launch of Renazca to revitalize, integrate and transform the area • CSR plan to boost coporate contribution 1 2 Active management of climate change Wellbeing of end users 3 Positive impact in cities