Climate & Energy

Targets & Principles

  • Reduction of the average Scope 1+2 CO2 emission intensity of the investment portfolio by 50% by 2030 (base year 2019)
  • All new construction projects completed from 2030 onwards are climate neutral in operation (net zero carbon)
  • Climate neutrality by 2050



  • Conversion of electricity contracts to 100% electricity from renewable energy sources in the investment portfolio by 2023 (landlord-obtained)
  • Purchase of climate-neutral district heating acc. to local availability
  • Green lease programme to reduce CO2 emissions (Scope 3) in the investment portfolio (tenant participation)
  • Establishment of a digital energy monitoring and management system for the Group-wide portfolio by 2025
  • Renovation programme to systematically reduce the energy consumption and carbon footprint of the investment portfolio
  • Continuous reduction of the energy demand of development projects
  • Expansion of renewable energy sources in and on development projects (e.g. photovoltaics, solar thermal energy, geothermal energy)
  • Reduction of embodied carbon emissions in development projects
  • Compensation of unavoidable emissions through offsetting measures (e.g. CO2 reduction certificates)