Pradera has achieved a key milestone and secured ISO 14001 accreditation for its environmental management system.

ISO 14001 is an internationally agreed standard that provides a framework for organisations to structure and implement an environmental management system. The standard is rigorous and consists of a collection of documents and practices that govern how organisations integrate sustainability into their processes. It requires organisations to display they understand their environmental impacts, risks, stakeholders’ needs, and ensure regulatory compliance. ISO14001 standard is used globally to demonstrate continual improvement in environmental performance through clear procedures, defined goals, allocated responsibilities and a data system, which is used for tracking progress towards these goals.

The implementation of the environmental management system helps Pradera to complement its environmental credentials and is a significant step forward to identify, understand and mitigate negative environmental impacts arising from Pradera’s activities.

Peter Davies, Managing Director and Chair of Pradera’s ESG Committee, said: ‘We are pleased to have achieved ISO 14001 accreditation. Through implementation of the environmental management system, we have advanced our sustainable practices and demonstrated that we are a caring and responsible employer, who takes the environment seriously and strives for continual improvement to minimise adverse impacts and build trust among our investors, tenants and employees.’

Anna Finch, Pradera’s Director of ESG, said: ‘ISO 14001 is a real differentiator as it certifies our processes and solidifies our position in sustainable management of retail centres. The structuring of the environmental management system was very much like the jigsaw puzzle where we put  the pieces together and assigned responsibilities. By doing so, we have established an integration framework, which enables us to achieve operational efficiencies and adhere to regulatory requirements and guidelines.’