Sustainability at Avara

Avara manages property assets worth some EUR 1.5 billion and develops new, sustainable rental housing in Finland’s growth centres.

We impact people’s everyday life, society, and the environment as positively as possible. Our sustainability priorities guide us on our way to the best sustainability in the industry. We report the results of our sustainability work every year.

Our priorities

We offer sustainable opportunities with attractive risk and return levels for making profitable long-term investments in rental housing in Finland’s growth centres.

We are committed to reducing the climate and environmental impacts of housing and increasing the efficiency of resource use through actions with measurable impacts.

Our operations, decisions, and development projects have a positive impact on the well-being of tenants, employees, and local communities.

Business principles and risk management

Avara’s operations are guided by its strategy, values, and confirmed operating principles, which include Avara’s Code of Conduct, fair rental practices, business principles and good governance, remuneration system, internal control and risk management principles, HR and data security policies, and procurement guidelines.

UN Principles for Responsible Investment

As a signatory to the UN Principles for Responsible Investment, Avara is committed to supporting responsible ownership practices as well as promoting the practical implementation of responsible investment and cooperation in the real estate investment industry. The commitment also includes an obligation to report activities and results in the promotion of responsible investment.

Corporate responsibility reporting

Avara prepares extensive annual reports on its corporate responsibility. Avara’s sustainability report for 2022 has been prepared with reference to the Global Reporting Initiative (GRI) standards. as well as on essential corporate responsibility themes and topics identified by Avara. Take a closer look at our corporate responsibility reports and the impactful world of Avara’s corporate responsibility!