Sustainable Development
Our Vision
The Ellinikon is setting new standards in sustainable urban development, reducing environmental impact, generating lasting economic value, and consistently promoting social well-being. Our vision is to create one of Europe’s most significant urban regeneration projects, ensuring prosperity and quality of life, today and for generations to come.
Our Corporate Commitment for 2030 - LAMDA Development
We aim to reduce our Greenhouse Gas emissions across value chain by 2030 in alignment with the 1.5 °C goal of the Paris Agreement. We implement climate change adaptation measures for our properties and developments, with the aim of improving their resilience against natural climate hazards.
We strive to implement best practices for biodiversity enhancement and natural resources preservation across our value chain. We focus on rational water and waste management and enhancing circular economy through efficient material use, recycling, and reuse.
We promote a safe, fair and non-discriminatory work environment, with an emphasis on the health and safety of employees. We work with local communities and stakeholders to create sustainable destinations that meet their needs.
The Ellinikon Sustainable Development Strategy
Zero waste, pollution prevention and ecosystem regeneration through innovative practices.
Energy efficiency, net-zero emissions, and climate resilience in every development phase.
Economic value, job creation, social support, and opportunities for all.
Objectives
Energy & Carbon
To achieve net zero for embodied and operational carbon emissions, maximising energy efficiency and renewable energy sources in line with European decarbonisation goals to ensure sustainable growth and environmental protection.
Climate Resilience
To future proof the development against changing climate conditions, by proactively mapping climate risks and opportunities.
Air & Noise Pollution
To minimise air and noise pollution during both construction and operation.
Biodiversity & Soils
To restore and regenerate the natural ecosystems.
Water & Wastewater
To maximise water efficiency and minimise wastewater production.
Materials & Resource Efficiency
To minimise resource consumption, make efficient use of and responsibly source materials.
Waste
Reducing waste generation and designing for safe management.
Employment & Skills
To create employment opportunities and create a legacy of skills and learning.
Health, Safety & Wellbeing
To maximise health, safety, and wellbeing during project’s lifecycle.
Respect & Equality
To develop and support opportunities to reduce inequalities, promote diversity and enhance accessibility.
Prosperity for society & local communities
To develop infrastructure to enhance the natural, cultural, and historic environment for society and the local community.
Highlights
100% of commercial and high-rise residential buildings will be LEED-certified.
Conducted for all completed buildings.
Smart City principles applied across all designs.
Built for long-term resilience against climate change.
100% of existing materials will be reused for repurpose or construction
100% of soil will be decontaminated for reclamation and reuse
At least 75% of construction waste will be recovered and diverted from landfill
Νet zero greenhouse gas emissions for buildings following the European Green Deal
Scope 1, 2 and 3 GHG emissions will be monitored and reduced in accordance with ISO 14064
100% of the irrigation water demand for The Ellinikon Park will be fulfilled through reclaimed water
600,000 m2 of open green spaces
50 km path network for pedestrians and cyclists
1km newly developed free access beach
>10,000 new jobs will be created during construction
Design to achieve biodiversity “Net Gain”
Smart City, Promising Future
The smart technologies of The Ellinikon promote sustainability by reducing waste, saving energy, and supporting a greener, more resilient community in the future, a future that is already here.
