Betting on a
sustainable future

38
sustainability certifications
44.4%
of women in leadership positions
8.5/10
employee engagement index
1.563 tCO2
total emissions Scopes 1-3
20
volunteer initiatives

* Values referring to 2025

“I firmly believe that sustainability is a key enabler of value creation. For a real estate investment manager, creating value today means not only delivering strong financial performance, but also understanding environmental and social impacts, managing risks responsibly and responding to the expectations of investors, tenants, employees, regulators and the communities in which we operate. ESG is therefore not a standalone initiative at NORFIN, it is an integral part of how we make decisions, manage assets and build lasting value.”

Miguel Mateus
Norfin CEO
Miguel Mateus

At Norfin, sustainability is part of our identity — it guides the way we develop and manage real estate assets, creating value for people, communities and the planet.

Find out more in the 2025 Sustainability Report

Open Report

ESG Governance Model

In 2025, the ESG strategy was operationalised through a structured roadmap comprising focus areas, actions and KPIs under each pillar. Key priorities included the integration of climate risk considerations into investment and asset management processes, the development of ESG clauses for construction and design, the reinforcement of employee wellbeing and development initiatives, the enhancement of tenant and community engagement practices and the strengthening of governance frameworks and responsible business conduct.

Board of Directors
ESG Steering Committee
CEO
Miguel Mateus
COO
João Pedro Madeira
CPO
Inês Pimentel
CTO
Sara Franco
Compliance & Risk Management Director
Rita Duarte
Business Excellence Director
Sónia Cardoso
Sustainability
Carolina Ribeiro, Maria Nadal
Biannual meetings
4 working groups
Environmental

Manage the environmental impact of our projects from conception to operation.

Social

Value our workforce by offering healthy workplaces and development opportunities.

Communities

Have a positive impact of the communities.

Governance

Be a trustful and responsible business.

Quarterly meetings
NORFIN’s
Business Areas

Governance of the ESG strategy is ensured through the ESG Steering Committee, supported by dedicated working groups and a central Sustainability function. This model promotes cross-functional alignment, accountability and regular oversight, ensuring that ESG considerations are embedded into decision-making processes across Norfin SGOIC and Norfin Serviços.

Find all Governance documents here

Certifications
and recognitions/

Certifications such as LEED, BREEAM, EcoVadis Gold, and Great Place to Work help strengthen Norfin’s credibility by demonstrating verified commitments to sustainability, responsible governance, and employee well-being.

They not only differentiate the company in a competitive market but also build trust with investors, tenants, and partners who increasingly expect measurable, third-party-validated performance in environmental and social practices.

BREEAM USGBC fitwel Well Aqua+ GRESB GRI LiderA Ecovadis Great Place to Work
Under Development
Under Management

ESG Strategy

The ESG journey is one of continuous improvement, and Norfin Group is committed to walking it with purpose, transparency, and accountability.

Environment
Material Issues
Energy efficiency
Climate adaptation
Water efficiency
Line of Action

Manage and minimize the environmental impact of our projects from conception to operation

Sustainable Development Goals
Social
Material Issues
Employees wellbeing
Work life balance
Employees training and development
Line of Action

Value our workforce by offering healthy workplaces and development opportunities

Sustainable Development Goals
Communities
Material Issues
Brand Reputation
Supply chain responsible practices
Line of Action

Have a positive impact on the communities

Sustainable Development Goals
Governance
Material Issues
Sustainable Funding
Transparency & Ethical leadership
Risk management and compliance policies
Anti-corruption and bribery policies
Line of Action

Be a trustful and responsible business

Sustainable Development Goals
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