The declaration of conformity with the Code – like the Deutsche Wohnen Sustainability Report – has been prepared in accordance with the standards of the Global Reporting Initiative (GRI) since as early as 2012, clearly evidencing the company’s commitment to enhanced transparency and comparability of sustainability activities.
“The Code is an effective political instrument to strengthen sustainable and fair business throughout the German economy. Through our long-term lasting investments in the energy efficiency of our portfolio, we help to achieve these goals. By carrying out extensive modernisation and refurbishment measures in our buildings, which are often decades old, we contribute to protecting the climate and at the same time stabilise inner-city districts,” explains Chief Executive Officer of Deutsche Wohnen, Michael Zahn.
Companies can use the Sustainability Code to present their activities in the area of sustainability in a manner that offers transparency, comparability and easy accessibility for investors and other interested stakeholders. The Code’s 20 qualitative and additional 28 GRI performance indicators enable readers to quickly gain an overview of a company’s ecological, social and economic performance.
The Sustainability Code was developed in 2010 by the German federal government’s Council for Sustainable Development (Rat für Nachhaltige Entwicklung - RNE) through a broad dialogue process with representatives of corporations and medium-sized companies from various sectors.
The declaration of conformity can be viewed via the website of the Council for Sustainable Development: datenbank2.deutscher-nachhaltigkeitskodex.de.
Deutsche Wohnen is one of the leading publicly listed property companies in Germany and Europe. Its operating focus is on managing and developing its portfolio, concentrating on residential properties. As of 30 September 2018, its portfolio comprised 165,700 units, of which 163,100 are residential and 2,600 commercial. Deutsche Wohnen is listed on Deutsche Börse’s MDAX index and also traded on the leading indices EPRA/NAREIT, STOXX® Europe 600 and GPR 250.
This publication is neither an offer to sell nor a solicitation to buy securities.
To the extent that this document contains forward-looking statements, these are not facts and are recognisable by such words as ‘will’, ‘expect’, ‘believe’, ‘estimate’, ‘intend’, ‘endeavour’, ‘assume’ and similar expressions. These statements express the intentions, opinions or current expectations and assumptions of Deutsche Wohnen and the individuals acting in concert with it. The forward-looking statements are based on current plans, estimates and forecasts that Deutsche Wohnen and the individuals acting in concert with it have made to the best of their knowledge, but do not make any claims as to their future accuracy. Forward-looking statements are subject to risks and uncertainties that are generally difficult to predict and are usually not within the control of Deutsche Wohnen or the individuals acting in concert with it. It should be remembered that the actual results or consequences may differ considerably from those mentioned or contained in the forward-looking statements.