Strategy
In 2023 we developed a forward-looking CSR strategy including a double materiality assessment (DMA) from which we defined key materiality topics, our ambition and three focus areas. Our CSR strategy is based on five guiding principles:
Meet the needs of today's society without compromising those of future generations.
Align with our purpose, vision, ambitions and activities.
Evolve over time to take us closer to our desired goals.
Engage our stakeholders to share ambitions and clarify efforts.
Prioritise our activities that most significantly benefit the environment and society.
Our CSR strategy encompasses requirements of the EU Green Deal, the Corporate Sustainable Reporting Directive (CSRD) and the European Sustainable Reporting Standards (ESRS). It ensures we are properly prepared to disclose necessary non-financial information, and guides us as we work with partners and stakeholders to contribute to urban liveability.
Focus areas
Drawing on our purpose, vision and DMA, we identified three focus areas, each with its own ambition:
Urban liveability – supporting urban liveability by reducing GHG emissions, increasing renewable energy consumption, and deploying smart renovation and maintenance activities.
Sustainable mobility solutions – connecting communities with our ecosystem of sustainable mobility solutions.
Seamless parking services – enhancing seamless parking with our digital access and payment services.
Navigating the CSRD developments in 2025
This year marked a transitional phase from the EU Omnibus I proposal to a refreshed CSRD. While the overarching ambition of the directive – to drive transparency, comparability and accountability in sustainability performance – remained clear, the practical implications for us were still unfolding.
Interpretations of scope, data requirements, assurance expectations and implementation timelines continued to evolve throughout the year, creating a landscape in which definitive choices were not always possible.
Against this backdrop, we adopted a deliberate and responsible approach: to continue acting where impact was clear and material, while avoiding premature decisions in areas where regulatory direction was still uncertain.
Maintaining focus on clearly material topics
In a context of regulatory uncertainty, we consciously prioritised sustainability topics that were already well understood, measurable and undeniably material to our business and to society.
Energy consumption and carbon footprint reduction remained central pillars of our sustainability agenda in 2025. As a parking and mobility services provider, our environmental impact is closely linked to energy use in parking facilities and the emissions associated with our operations. During the year, we continued to:
Improve energy efficiency.
Increase the share of renewable energy.
Support low‑emission mobility, including charging infrastructure for electric vehicles.
What we didn't do and why
While we made progress on our core environmental topics, 2025 was not the year to finalise all aspects of our future CSRD‑aligned reporting or target‑setting.
In particular, we deliberately refrained from:
Locking in definitive key performance indicators (KPIs) or targets for topics where data definitions, value chain boundaries or methodological guidance were still under debate.
Over‑engineering data collection processes for social and governance topics without sufficient clarity on future assurance and comparability requirements.
Making public commitments that could later require significant revision due to regulatory reinterpretation.
This restraint was intentional. We believe that credibility in sustainability reporting is built not only on ambition, but also on accuracy, consistency and reliability.
In areas where the risk of rework or misalignment was high, we prioritised learning, testing and internal alignment over premature disclosure.
Looking ahead
Towards the end of 2025, the next CSRD implementation phase became clear and we decided we would update our existing double materiality assessment (DMA) at the beginning of 2026 based on the latest ESRS guidance. We will map and assess the identified ESRS datapoints and gaps, and update existing policy documents based on the DMA update.
As we are working towards CSRD compliant reporting over the financial year 2027, this includes continuing to develop our datapoint dictionaries, reporting manual and to create an environment in which we can verify accuracy and completeness of the relevant data.
After year-end 2025
Prior to finalising this report, the Council of the European Union finalised approval of the EU Omnibus I Directive (amending CSRD/CSDDD) on February 24, 2026.
Published in the Official Journal on 26 February 2026, and comes into force on 18 March 2026.
EU Member States have 12 months to transpose the amendments into national law, likely by March 2027.
For the Corporate Sustainability Due Diligence Directive (CSDDD) the thresholds are raised to companies with more than 5,000 employees and EUR 1.5 billion in revenue. As a result, the CSDDD does not apply to Q-Park.