05.07.2018
TLG IMMOBILIEN AG DE000A12B8Z4
DGAP-News: TLG IMMOBILIEN publishes its third sustainability report in accordance with GRI and EPRA
DGAP-News: TLG IMMOBILIEN AG / Key word(s): Sustainability/Real Estate
TLG IMMOBILIEN publishes its third sustainability report in accordance with
GRI and EPRA
05.07.2018 / 07:00
The issuer is solely responsible for the content of this announcement.
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TLG IMMOBILIEN publishes its third sustainability report in accordance with
GRI and EPRA
- Current key economic, ecological and social figures
- Statistics on the procurement of green electricity and carbon-neutral gas
as well as other fuels reported for the first time
- New code of conduct for service providers and signing of the Diversity
Charter in 2017
Berlin, 5 July 2018 - TLG IMMOBILIEN AG (DE000A12B8Z4) published its
sustainability report for the 2017 financial year today. The report focuses
not only on the previously published key economic figures, but also the
social and ecological sustainability of the Group. The sustainability report
has been prepared voluntarily once again and is based on the internationally
recognised standard guidelines of the Global Reporting Initiative (GRI) and
the EPRA Best Practices Recommendations for Sustainability Reporting, the
European real estate sector reporting standard.
DEVELOPMENT OF KEY ECOLOGICAL AND SOCIAL FIGURES
The current report builds on the key ecological figures, especially by
breaking down the energy sources used to generate heat and electricity. Ever
since 2017, the company has been purchasing green electricity and
carbon-neutral gas for its offices, common parts areas and vacant areas in
large sections of its portfolio. Additionally, the consumption statistics
provided by tenants with regard to independently purchased energy are broken
down further and the corresponding CO2 emissions reported in this reporting
year.
In terms of key social figures which are reported in even more detail this
year in line with EPRA, employee satisfaction is particularly noteworthy.
The employee surveys that have been carried out annually since 2015 show
positive development, with employee satisfaction increasing across all
aspects.
SUSTAINABLE COMPANY DEVELOPMENT MEASURES
In 2017, TLG IMMOBILIEN continued to implement various measures intended to
spur on its sustainable development. These measures include the development
and communication of a code of conduct for service providers and employees (
see here), tips on how to preserve resources for tenants ( see here),
signing the Diversity Charter with its voluntary undertakings ( more
information) and the introduction of the employee mentoring programme
'Fit4Growth' in order to retain young, high-potential individuals within the
company. Additionally, the office property Kapweg 3-5 in Berlin was
certified by WiredScore in 2017. In this certification, the PropTech company
has developed an internationally unique system for rating the digital
infrastructure of commercial properties. Moreover, the office property
'astropark' in Frankfurt, part of the portfolio of TLG IMMOBILIEN, was
awarded a Gold certification by WiredScore in June 2018.
'We are very happy about the increase in employee satisfaction in
particular. Our employees are the foundation of our economic success in
recent years as well as of our planned future growth', explains Niclas
Karoff, member of the Management Board of TLG IMMOBILIEN. 'Our stated
objective is to use our sustainability reports to continue augmenting the
transparency that we deliver through our regular financial reports. We want
to take all of our stakeholders and their requirements into consideration.
In this context, we plan to update the stakeholder survey that was carried
out in 2017 in 2019.
The full sustainability report is available to download here:
www.tlg.eu > Company > Sustainability
CONTACT
Christoph Wilhelm Sven Annutsch
Corporate Communications Investor Relations
Phone: +49 30 2470 6355 Phone: +49 30 2470 6089
E-mail: [email protected] E-mail: [email protected]
ABOUT TLG IMMOBILIEN AG
TLG IMMOBILIEN AG is a listed leading commercial real estate company in
Germany that has been synonymous with real estate expertise for over 25
years. TLG IMMOBILIEN AG generates stable rental in-come and exhibits low
vacancy rates, very good building stock and profits from its local
employees' excel-lent market knowledge. As an active portfolio manager, TLG
IMMOBILIEN AG is specialised in commercial properties for office and retail
use: it focuses on managing a high-quality portfolio mostly comprising
office properties in Berlin, Frankfurt/Main, Dresden, Leipzig and Rostock.
The company also has a region-ally diversified portfolio of retail
properties in highly frequented micro-locations. The portfolio also includes
seven hotels in Berlin, Dresden, Leipzig and Rostock. TLG IMMOBILIEN AG's
properties stand out not on-ly due to their excellent locations but also
because of their long-term rental or lease agreements.
As at 31 March 2018, the property value amounted to EUR 3.5 bn. As at the
same reporting date, the EPRA Net Asset Value per share amounted to EUR
22.09.
This publication contains forward-looking statements based on current views
and assumptions of TLG IMMOBILIEN AG's management and made to the best of
knowledge. Forward-looking statements are subject to known and unknown
risks, uncertainties and other factors that could cause TLG IMMOBILIEN AG's
revenues, profitability or the degree to which it performs or achieves its
targets, to materially deviate from what is explicitly or implicitly stated
or described in this publication. Therefore, persons who obtain possession
of this publication should not rely on such forward-looking statements. TLG
IMMOBILIEN AG accepts no guarantee or responsibility regarding such
forward-looking statements and will not adjust them to future results or
developments.
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05.07.2018 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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Language: English
Company: TLG IMMOBILIEN AG
Hausvogteiplatz 12
10117 Berlin
Germany
Phone: 030 - 2470 - 50
Fax: 030 - 2470 - 7337
E-mail: [email protected]
Internet: www.tlg.de
ISIN: DE000A12B8Z4
WKN: A12B8Z
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Stuttgart, Tradegate Exchange
End of News DGAP News Service
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