From October 17 to November 2, the Electric Autumn environmental campaign was held on the premises of business centers under O1 Standard management.

O1 Properties investment company, the largest owner of class A office real estate in Moscow  and O1 Standard’s strategic partner, held the Electric Autumn campaign with the Collector (Sobirator) environmental charity project. Used equipment collection campaign yielded over 4,272.2 kg of equipment that was subsequently sent for processing to the partner companies of the Collector environmental project.

For the tenants’ convenience, management companies set up collection points on the premises, where employees of business center tenants brought unneeded equipment. Office equipment, gadgets, plastic cards, CDs, pens, felt-tip pens and other large and small household appliances were accepted for processing.

The environmental effect of Electric Autumn was calculated as per campaign results, with regard to energy and water costs of the collected equipment processing. Reusing the salvaged recycled materials will save an amount of energy required to light 5,981 homes and an amount of water equivalent to 3.3 Olympic swimming pools.

Detailed information about the campaign results for each business center can be found here.

On October 26, Moscow hosted the Federal Development Forum, which was traditionally attended by government officials, developers and banks, as well as property owners from all over Russia and the CIS countries.

Commercial director of O1 Standard Alla Tigner spoke at a session dedicated to commercial real estate “How to act under the new market conditions?” The agenda included the adaptation of the commercial real estate market to the current economic situation and the prospects for the development of the office industry in 2023.

In her speech Alla stated that one of the key emphases of O1 Standard’s operations in 2022 was the promotion of projects that aim to improve its professional employees’ competencies and nurture an internal talent pool in the face of a staff shortage. A separate block of discussions dealt with the relevance of the green agenda in the current market situation. On behalf of the company, Alla expressed O1 Standard’s readiness to promote sustainable development values and environmental efficiency standards in the management and operation of commercial real estate.

O1 Standard takes an active part in the development of the CLEVER national standard for assessing buildings’ environmental performance.