09.07.2018
DIC Asset AG DE000A1X3XX4
DGAP-News: DIC Asset AG Publishes its 2017 Sustainability Report
DGAP-News: DIC Asset AG / Key word(s): Sustainability
DIC Asset AG Publishes its 2017 Sustainability Report
09.07.2018 / 10:05
The issuer is solely responsible for the content of this announcement.
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Press Release
DIC Asset AG Publishes its 2017 Sustainability Report
* Financials supplemented by social and environmental aspects
* Reduction in like-for-like power and water consumption
* Comprehensive revision of the compliance guideline for employees
* New GRI Standards applied to sustainability reports
Frankfurt am Main, 09 July 2018. DIC Asset AG, one of Germany's leading
listed property companies, published its sixth sustainability report on its
homepage at www.dic-asset.de. The report adopted the new GRI Standards
framework by the Global Reporting Initiative, including extra disclosures in
line with the GRI Construction and Real Estate Sector Supplement (CRESS).
The reporting criteria identified by the European Public Real Estate
Association (EPRA) for sustainability reports were also taken into account
again. Following the three-pillar model of sustainability, the
sustainability reporting of DIC Asset AG covers the economic, environmental
and social aspects of its business activities.
Relevant highlights during the reporting period include the following, among
others:
* When allowing for portfolio changes (like-for-like approach), the
indirect power consumption in the examined properties of the Commercial
Portfolio was lowered by 4.6% and water consumption by 1.4% during the
period of 2015 through 2017.
* An annual survey that DIC Asset AG conducts among its tenants revealed
that a significant proportion of them has now switched to carbon-neutral
green electricity. The company itself has been getting the common-area
electricity for its owner-occupied premises entirely from carbon-neutral
energy sources since 2010.
* Its compliance guideline for employees, which was adopted in 2013, was
comprehensively revised in 2017. The company also appointed a compliance
officer and introduced a whistleblower system that gives employees the
option to report misconduct inside the company in anonymised form.
Sonja Wärntges, the company's CEO, commented: "As one of the biggest German
real estate companies, we are committed to making a visible contribution to
sustainable action and to the standardisation within our industry. So, it is
a foregone conclusion for us that corporate success should not be measured
exclusively by economic criteria but should also take the interests of all
other stakeholders into account. To this end, we have adopted international
reporting standards and thereby contribute to an easier comparability of our
sustainability indicators."
For more details on DIC Asset AG, go to the internet at www.dic-asset.de.
Contact:
Nina Wittkopf
Head of Investor Relations & Corporate Communications
Phone +49 69 9454858-1462
Mobile +49 151 2990-5223
[1][email protected]
1. mailto:[email protected]
About DIC Asset AG:
DIC Asset AG is one of Germany's leading listed property companies, and
specialises in commercial real estate. With around 20 years of experience on
the German real estate market, the company maintains a regional footprint on
all major German markets through six branch offices, and has around 180
assets with a combined market value of c. EUR 4.8 billion under management.
DIC uses a hybrid business model to manage its business divisions Commercial
Portfolio, Funds and Other Investments. Taking an active asset management
approach, DIC employs its proprietary, integrated real estate management
platform to raise capital appreciation potential in its business divisions
and to boost its revenues.
In its Commercial Portfolio division (EUR 1.6 billion in assets under
management), DIC acts as proprietor and property asset holder, and thus
generates revenues both from the management of the assets and through the
value optimisation of its own real estate portfolio. The Funds division (EUR
1.6 billion in assets under management) generates its revenues by acting as
issuer and manager of special real estate funds for institutional investors.
Gathered in the business unit Other Investments (EUR 1.6 billion in assets
under management) are joint venture investments, equity investments in
property developments, strategic financial investments, and the management
of properties in which the company holds no equity stakes. DIC Asset AG has
been included in the SDAX(R) segment of the Frankfurt Stock Exchange since
June 2006. The Company's shares are also included in the EPRA index, which
tracks the performance of the most important European real estate companies.
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09.07.2018 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.
The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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Language: English
Company: DIC Asset AG
Neue Mainzer Straße 20 * MainTor
60311 Frankfurt am Main
Germany
Phone: +49 69 9454858-1462
Fax: +49 69 9454858-9399
E-mail: [email protected]
Internet: www.dic-asset.de
ISIN: DE000A1X3XX4, DE000A1TNJ22, DE000A12T648
WKN: A1X3XX, A1TNJ2, A12T64
Indices: S-DAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
Munich, Stuttgart, Tradegate Exchange; Luxembourg Stock
Exchange, ,
End of News DGAP News Service
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