31.05.2018
Deutsche Wohnen SE DE000A0HN5C6
DGAP-News: Deutsche Wohnen SE: Transparency and comparability of sustainability performance: Deutsche Wohnen presents 6th Sustainability Report
DGAP-News: Deutsche Wohnen SE / Key word(s): Sustainability
Deutsche Wohnen SE: Transparency and comparability of sustainability
performance: Deutsche Wohnen presents 6th Sustainability Report
31.05.2018 / 13:22
The issuer is solely responsible for the content of this announcement.
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Sustainability Report 2017
Transparency and comparability of sustainability performance: Deutsche
Wohnen presents 6th Sustainability Report
* From 2022 reduction of 20,000 tonnes of carbon emissions annually
through building refurbishment and modernisation of energy systems
* Investments in excess of EUR 1.2 billion for refurbishing and
modernising holdings with a view to energy efficiency
* Approximately 75% of holdings evidence above-average energy efficiency
performance for residential buildings in Germany
Berlin, 31 May 2018. Today, Deutsche Wohnen presented its Sustainability
Report for the 2017 financial year, prepared in accordance with standards of
the Global Reporting Initiative (GRI). Designed to complement the Annual
Report, the Sustainability Report provides comprehensive information on the
company's understanding of sustainability as well as details of the firm's
sustainability performance.
A responsible approach to societal change
In its most recent report on its varied range of sustainability-oriented
activities, Deutsche Wohnen is now publishing for the sixth time in
accordance with the globally recognised standards of the GRI. The company
again expanded its ecological performance data pool this year and was thus
able to provide environmental data on the majority of its holdings. Michael
Zahn, Chief Executive Officer (CEO) of Deutsche Wohnen SE, comments: "With
its core line of business - providing housing - the real estate industry has
a direct influence on how people live together and the way in which cities
are designed. As one of the three largest real estate companies in Europe,
we, too, are facing urban development and demographic challenges. However,
these are also an opportunity to help shape societal change through
responsibility."
Strategically managing sustainability
Deutsche Wohnen's strategic approach to sustainability aims to combine cost
effectiveness with housing quality and energy efficiency. To do so, the
company has adopted a strategic sustainability programme with ambitious
targets in five areas of action and associated measures. The programme forms
the foundation for steering sustainability-related objectives, which also
contribute towards achieving the company's corporate goals. With regard to
the environment and the climate, Deutsche Wohnen has set itself the
strategic target of reducing annual carbon emissions by 20,000 tonnes from
2022 through building refurbishment and modernisation of energy systems. The
company will thus be making a significant contribution to achieving
Germany's national climate protection goals.
Deutsche Wohnen prioritises enhancing energy efficiency and the use of
renewables in portfolio and new construction
By 2022 Deutsche Wohnen plans to have invested more than EUR 1.2 billion in
energy-related refurbishment and modernisation of its holdings. Furthermore,
the company places emphasis on providing an environmentally friendly energy
supply for its holdings and new constructions and chooses energy from
renewable sources. In the reporting year, Deutsche Wohnen further improved
the energy efficiency of its holdings and was able to reduce the portfolio's
average annual energy consumption to 133.4 kWh/sqm (2016: 135.1 kWh/sqm).
The comprehensive modernisation measures implemented over the past years
have yielded considerable benefits in this area. Overall, approximately
three quarters of the company's residential units recorded annual
consumption levels lower than the average of 160 kWh/sqm for residential
units in Germany.
Deutsche Wohnen offers dialogue with tenants, city planners and community
Customer satisfaction is a top priority for Deutsche Wohnen. A multi-week
survey of its tenants in autumn 2017 presented clear results: 70% of those
surveyed are satisfied with Deutsche Wohnen as a landlord. In addition, the
survey provided confirmation of the company's strategy of further enhancing
its customer orientation. As the largest privately owned real estate company
in Germany's capital city, Deutsche Wohnen takes its responsibility towards
its some 114,000 residential and commercial units there seriously. In the
reporting year, the company further intensified its dialogue with
policymakers and the community. To enhance transparency with regard to
refurbishment measures and allay any fears tenants might have, in August
2017 Deutsche Wohnen and the borough council of Berlin-Pankow signed a joint
declaration stating that they would take a socially ethical approach to
refurbishment measures at the Grellstraße/Prenzlauer Allee residential
estate in Berlin-Pankow. Similar agreements have since followed in
Berlin-Kreuzberg and Berlin-Pankow comprising concepts for responsible
execution of refurbishment and modernisation measures.
The current Sustainability Report and Sustainability Magazine are available
for download at the following link:
http://www.deutsche-wohnen.com/html/nachhaltigkeit.php
Deutsche Wohnen
Deutsche Wohnen is one of the leading publicly listed property companies in
Germany and Europe. Its operating focus in on managing and developing its
portfolio, concentrating on residential properties. As at 31 March 2018 its
portfolio comprised a total of 163,188 units, of which 160,723 are
residential and 2,465 commercial. Deutsche Wohnen is listed on Deutsche
Börse's MDAX index and also traded on the leading indices EPRA/NAREIT,
STOXX(R) Europe 600 and GPR 250.
Important notice
This publication represents neither an offer for sale nor request for
purchase of securities.
Any statements regarding the future in this document do not represent facts
and use terms such as "will", "expect", "believe", "estimate", "intend",
"strive", and "assume" and other similar phrases. The statements express the
intention, views and current expectations and assumptions of Deutsche Wohnen
and parties acting in concert with Deutsche Wohnen. The forward-looking
statements are based on current planning, estimates and forecasts, which
Deutsche Wohnen and the parties acting in concert with Deutsche Wohnen have
made to the best of their knowledge but do not contain any statement about
their future validity. Forward-looking statements are subject to risks and
uncertainties which are generally difficult to predict and are generally not
in Deutsche Wohnen's sphere of influence or that of the parties acting in
concert with Deutsche Wohnen. Please note that actual results or events may
deviate substantially from those provided in or included in the future-based
statements.
Contact
Kati Pohl
Sustainability Management/CSR
Telephone +49 (0)30 897 86-5331 Fax +49 (0)30 897 86-5399
[email protected]
Please note our new data privacy regulation.
www.deutsche-wohnen.com/html/en/data-privacy.php
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31.05.2018 Dissemination of a Corporate News, transmitted by DGAP - a
service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: Deutsche Wohnen SE
Mecklenburgische Straße 57
14197 Berlin
Germany
Phone: +49 (0)30 89786-0
Fax: +49 (0)30 89786-5419
E-mail: [email protected]
Internet: http://www.deutsche-wohnen.com
ISIN: DE000A0HN5C6
WKN: A0HN5C
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange
End of News DGAP News Service
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