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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)

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