Sustainability Statement - Executive Summary
Our reporting remains consistent with international frameworks such as GRI, TCFD, EPRA sBPR, and the Euronext ESG Guidelines, as we strive to strengthen transparency and accountability.
Despite the evolving regulatory landscape, our core commitments have remained unchanged. We continue to act on our responsibility as a
An internal ESG working group, led by the sustainability manager, ensures cross-functional coordination across legal, finance, investment, and technical teams. This facilitates the integration of ESG criteria into investment analysis and operational planning.
2. Environmental informationAs a responsible Company, Care Property Invest adheres to its environmental, social and governance responsibilities in conducting its activities. This is part of our commitment to providing sustainable healthcare housing.
Care Property Invest continues to deliver on its sustainability strategy across three core
impact areas: Investing in Sustainable Buildings, Building Lasting Relationships, and Leading Through Ethical Practices. Sustainability remains fully embedded in our investment strategy, risk management, and operational oversight, with structured governance through the Executive Committee.
We are committed to establish and maintain a strong culture of ethical behaviour, transparancy and accountability throughout the organisation and
our activities.
GOVERNANCE
Leading through ethical practices
Building lasting relationships
listed healthcare real estate investor, by actively integrating ESG considerations across our value chain, from investment decisions to long-term asset management. While we do not report in full accordance with ESRS, our internal processes are shaped by its logic and terminology, particularly in areas such as double materiality, stakeholder engagement, ESG governance
and the identification of impacts, risks, and opportunities (IROs).
1. General informationThe sustainability statement is fully integrated in the Annual Report and covers ESG performance at the consolidated level for Care Property Invest NV and its subsidiaries. It builds upon
We are committed to continuously enhance the environmental performance of our buildings, with the goal of achieving a net-zero
portfolio(1) by 2050, and thereby supporting the transition towards a low-carbon economy.
ENVIRONMENTAL
Investing in sustainable buildings
We are committed to ensure equal access to sustainable and high-performing healthcare housing by offering diversified solutions to senior citizens and people with disabilities. We recognise our social responsibility within both our portfolio and through our own operations to have a positive impact on society and our employees.
SOCIAL
our strategy to create long-term, inflation-resistant returns through high-quality healthcare infrastructure, while supporting the energy transition, climate resilience, and inclusive access to care housing. ESG risks and opportunities have been systematically integrated into our investment screening, acquisition processes, and
Care Property Invest remains committed to achieving a net-zero real estate portfolio by 2050. Following the validation of our science-based targets by the SBTi in 2023, we formalised a transition plan that combines emission reduction targets with operational measures.
Our targets include a 42% reduction in Scope 1 and 2 emissions by 2030 and a 90% reduction in total emissions by 2050 (baseline year: 2022). In addition, we have set an energy efficiency target of achieving an average consumption of 110 kWh/ m2 across our portfolio by 2030.
Building energy intensity (kWh/m2)
151
-16%
126
127
160
140
120
100
80
60
40
20
long-term asset management.
Through its governance framework, Care
2020
...
2024
2025
Property Invest integrates sustainability into strategic decision-making. The Board of Directors and Executive Committee oversee material ESG risks and opportunities, supported by quarterly updates from the sustainability manager. ESG performance is embedded into executive remuneration, with 25% of short-term and 35% of long-term incentives tied to sustainability targets, primarily environmental.
In 2025 the energy intensity of our investment portfolio stabilised at 127 kWh/m², representing a 24% increase compared to 2022 and a marginal year-on-year increase of 1%. Following the strong improvements achieved in 2023 and 2024, this stabilisation reflects a transition from relatively easy efficiency gains to a more mature phase of energy management. The increase compared
to 2022 is partly attributable to the broader scope and diversity of the portfolio, as well as to improved data coverage and accuracy resulting from the continued roll-out of our energy monitoring systems (EMS).
(1) A net-zero portfolio is a real estate portfolio with greenhouse gas emissions that are maximally reduced, and any remaining emissions are permanently neutralised.
We have launched energy audits across the portfolio, starting with the least efficient assets. These audits form the basis for the development of ambitious, building-specific action plans. In parallel, we actively engage with our operators to define targeted CapEx strategies aimed at improving energy performance over time. Our sustainability screening framework continues
to guide this process by helping to prioritise interventions and ensure alignment with our long-term climate goals.
Through our climate risk analysis, a forward-looking assessment at asset and portfolio level is completed on a yearly basis. This includes
physical risks such as flooding and extreme heat, and transition risks such as exposure to carbon pricing. The results guide capital allocation, support mitigation strategies, and reduce exposure to stranded asset risk.
Through our sustainable finance framework and sustainability-linked loans, we increased our sustainable funding to 31.3% of total bank facilities.
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Social information
We continued to foster a responsible and inclusive working environment for our employees, and strong, trust-based partnerships with our care operators. Our social strategy focuses on health and safety, equal opportunities, employee engagement, and the well-being of end-users across our healthcare real estate portfolio.
Internally, Care Property Invest focusses on fostering a safe, inclusive, and supportive work environment. Our policies emphasise wellbeing, equal treatment, and opportunities for professional development. Employees received an average of 59 hours of training per FTE.
A formalised hybrid work policy and the Flex Income Plan remained in place, supporting work-life balance. Our internal practices are shaped
by direct input from employees, who are actively involved in ESG initiatives through formal and informal engagement moments. These include regular feedback exchanges, annual evaluation meetings, and internal ESG trainings that aim to build awareness and shared ownership of our sustainability objectives.
We are committed to ensuring equal opportunities for all employees, as this forms the basis for sustainable growth, both for our people and our organisation.Externally, we strengthened our engagement with care operators through targeted sustainability consultations and technical collaboration. The sustainability charter, outlining expectations towards operators related to human rights, health and well-being, and ethical business practices, sets out clear principles around non-discrimination, safety, the prevention of child and forced labour, and community engagement. The Sustainability Charter serves as a reference point to support constructive dialogue with tenants, and its gradual implementation will be jointly assessed. It establishes a best-efforts commitment, encouraging all parties to work towards shared
ESG goals and ensuring that the rights and wellbeing of end-users remain a common priority.
In 2025, the Company also conducted its first tenant satisfaction survey to structurally assess operator expectations across the portfolio. With a response rate of 96%, the results showed a generally positive perception of Care Property Invest as a professional and reliable landlord.
This was reflected in a Net Promoter Score (NPS) of 23%, indicating a solid level of trust and partnership among tenants.
- Governance information
At Care Property Invest, ethical business conduct and strong governance are fundamental to
our long-term success. We foster a corporate culture rooted in respect, fairness, and integrity, positioning the Company as a responsible and ethical leader in the business world. These values guide our decision-making processes and interactions with stakeholders, ensuring that we operate transparently and with accountability.
The Board of Directors plays a key role in safeguarding these principles, operating within a clear governance framework outlined in
our Corporate Governance Charter. Together with the Executive Committee, it ensures transparency, accountability, and responsible conduct throughout the organisation. The Board is also actively involved in the review and approval of key internal policies, including the Dealing Code, which reinforces fair business practices and market integrity. Oversight of internal control and risk management systems is delegated to the Audit Committee, with a
focus on operational continuity and informed risk reporting to the Board.
In 2025, we reaffirmed our commitment to fostering a corporate culture and business ethics rooted in respect, fairness, and integrity. These values are embedded throughout our organisation and guide how we engage with stakeholders, make decisions, and deliver on our responsibilities. As part of our ongoing commitment to maintaining the highest ethical standards, we have set the permanent target of
providing annual corporate culture and business ethics training for all employees.
In addition to corporate culture and business ethics, cybersecurity and data protection are recognised as critical to operational resilience. Risks associated with cyber threats and noncompliance with data protection regulations are addressed through a structured IT governance framework designed to safeguard sensitive information and support business continuity.
Care Property Invest nv
Horstebaan 3
2900 Schoten
T +32 3 222 94 94
E info@carepropertyinvest.be
Belfius BE27 0910 0962 6873 GKCC BE BB
BE 0456 378 070
LPR Antwerp
Public RREC under Belgian law
https://www.carepropertyinvest.be

