So that ECE and our tenants can jointly make progress toward making our centers net zero and support the targets of the European Green Deal, in 2023 we revised our green lease agreement and made it an integral part of our rental agreement. Discussions with interested tenants were held beforehand at the “ECE-Nachhaltigkeitsschmiede” to ensure the green lease was optimally tailored to all stakeholders. Owners and sustainability experts were also consulted. From the many constructive discussions that a dedicated ECE taskforce had with tenants to ensure they received the best possible advice and information, it was clear that there is growing demand for green leases among tenants too. Further evidence for that demand can be seen in the fact that half of current rental agreements (50%) now include a green lease. The target is to increase that figure to 90% by 2030.

As well as a commitment to only use LED lighting and green energy, the green lease agreement requires tenants to disclose their energy use so that the centers’ overall carbon footprint can be measured and relevant sustainability actions identified.   //

50 %

OF CURRENT RENTAL AGREEMENTS INCLUDE A GREEN LEASE