Sustainability

Ashstrom Group is proud to be one of the foremost and leading construction and real estate groups in Israel, leading the initiation, planning, development and construction, of infrastructure solutions with a positive impact on the sustainability challenges facing us.

We are committed to providing sustainable solutions to economic, social and environmental challenges, with an aspiration for excellence; professionalism and reliability; entrepreneurship and innovation.

Ashtrom Group’s ESG Strategy

E - Sustainable Environment

Manufacture, planning, construction and management of environmentally-friendly properties
Efforts to minimize environmental impacts and implementation of circular economy principles (reduce, reuse, recycle)
Choice of properties for investment and entrepreneurship and portfolio management
Innovative materials, methods and processes

S - Healthy & Safe Community Environment

Safe and healthy construction of properties and communities
Systematic and structured management of worker health & safety including built-in enforcement and controls
Strengthening the local employment market
Promotion of long-term rental housing solutions

G - Ethical Business Environment

Enforcement of an ethical framework and preservation of human rights
Risk & opportunity management, including ESG risks
Development of a responsible supply chain – local and environmental
Quality of performance, safety and sustainability of outcomes

Ashtrom Group’s ESG Goals

E - Sustainable Environment

Carbon neutrality (net zero emissions) by 2050
100% environmental certification in Israel and abroad, by 2050

S - Healthy & Safe Community Environment

Total Recordable Incident Rate (TRIR) of 1 by 2030

At least 18% female senior and middle managers by 2030
Representation of at least 4% of individuals with disabilities or impairments in the HQ workforce by 2030
Expansion of employee involvement in regular and on-going volunteering activities by 2030
Donation of at least 0.5% of net profit* to community by 2030

G - Ethical Business Environment

Zero ethical incidents** by 2035

ESG assessment for 100% of all material suppliers by 2035
Zero carbon emissions from material suppliers by 2050
Implementation of the Code of Ethics by 100% suppliers and central business partners by 2035

_{* In the year prior to the donation, excluding one-time income}

_{** Material events are those that, in their extent and scope, influence Ashtrom Group’s activities and reputation.}

ESG Report Ashtrom Group

Alongside the celebrations of our 60^th anniversary, we are pleased to share our first Environment, Social, and Governance (ESG) report.

Together with our employees, we are committed to continuing to promote our ESG programs, with the belief that our activities will ensure the continued success of the our Group, while strengthening the employees, communities, and the environment in which we operate.

We invite you to read this report for our ESG actions - read our ESG report for 2022:

ESG Report 2022

GRI Content Index

SASB