2023 ESG

ParkLake: Putting sustainability at the heart of the shopping centre

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ParkLake: Putting sustainability at the heart of the shopping centre

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  • In the Romanian retail property market, building standards are not yet as stringent as those in other European countries in what concerns environmental and safety preventive design, and to date very few commercial buildings have obtained sustainability-related certifications.
  • At Sonae Sierra, we are ambitious in all our developments, striving to achieve the highest standards across everything that we do. Thus, Sonae Sierra was committed to apply in ParkLake, our first development in Romania, our rigorous Safety, Health and Environment Development Standards (SHEDS), allowing ParkLake to achieve a BREEAM certification with an Excellent Rate.
  • A Safety, Health and Environmental Management System (SHEMS) for the construction of ParkLake was implemented during whole construction works, allowing us another key certification, regarding Safety, Health and Environment according to ISO 14001 and OHSAS 18001 international standards.
  • ParkLake’s fully implemented Sierra’s Safety, Health and Environmental Development Standards (SHEDS) with the aim of delivering an asset that would be recognized for outstanding environmental and safety and health credentials.
  • By implementing the SHEDS, ParkLake could achieve a BREEAM Excellent environmental performance rating due to SHEDS tech features.
  • By implementing SHEMS during construction works, allows ParkLake a SHE certification according to ISO 14001 and OHSAS 18001.


SHEDS implementation

More than €322,000

in saved costs per year

BREEAM Excellent

Environmental performance rating

ISO 14001 and OHSAS

18001 certification

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