IKO is the first developer to draw up a GRI-certified CSR report in Luxembourg, a voluntary and ambitious approach that mobilises all our teams.
Download the first IKO sustainability report:2021-07-27_IKO-rapport-RSE-complet
Aware of the environmental footprint of the real estate and construction sector, IKO has chosen to act by committing to an ambitious CSR strategy. This is a voluntary and non-regulatory approach, which enables us to translate our values and our corporate vision into clear objectives and concrete, measurable actions over time.
IKO is thus the first Luxembourg developer to draw up a sustainable development report certified by GRI (Global Reporting Initiative), the most widely used reporting standard in the world.
Discover our approach in video.
We do not inherit the earth from our parents, we borrow it from our children.
“This quote from Antoine de Saint-Exupéry resonates with me and regularly guides my choices. I am the father of two daughters and it is important to me that they can be proud of what I have accomplished and of the trajectory of the family business.”
Eric Lux, Chairman
After mapping our priority issues, assessing the main risks in our sector and reviewing our practices, our Responsible IKO committees have defined 7 objectives under 3 headings:
These objectives are supported by all our employees. They guide our operating methods and feed our projects on a daily basis. In addition, IKO pursues sponsorship and partnerships by selecting causes that make sense, either because they are in line with our values, or because they broaden our horizons, both in the design of our projects and on a human level.
Proportion of women in our workforce in Luxembourg
Number of trees replanted in the new Rout Lëns district
Employee experience score according to the Leesmann Benchmark 62.6
“The IKO team is committed to this with pleasure and conviction. We are integrating CSR into the very culture of the company in order to promote the notion of ‘responsible real estate development’ by creating value for the company, its clients, its stakeholders and for society.”
Fanny Caldès, CSR Manager
In 2015, the UN defined the 17 Sustainable Development Goals (SDGs) for socially equitable development, environmental sustainability, economic prosperity and an inclusive world by 2030. In particular, IKO contributes to the following 10 SDGs in the course of its activities:
IKO has been awarded the Socially Responsible Company (SRC) label by the National Institute for Sustainable Development and Corporate Social Responsibility (INDR), which distinguishes exemplary practices in environmental, social and governance matters. This label recognises exemplary practices in environmental, social and governance matters. Its award recognises our commitment to CSR and encourages us to continue our efforts. The objective opinion of the INDR confirms our desire to drive continuous improvement in order to create shared value and confirms our status as a responsible economic player that contributes to the sustainable development of the country.
In addition to the ESR label, IKO has been awarded the Responsibility Europe© label, the European umbrella brand for sustainable development and CSR labels, of which INDR is one of the founders. This label serves companies wishing to give their social and environmental commitments international recognition. It aims to distinguish companies that go beyond self-assessment, rating, reporting or sectoral assessments, and whose CSR strategy has been verified in a neutral and independent manner.
IKO has also been awarded the SuperDrecksKëscht label for our waste management initiatives.