TEG TAG Immobilien AG

DGAP-News: Homes for today and tomorrow: TAG Immobilien AG publishes Sustainability Report 2020

DGAP-News: TAG Immobilien AG / Key word(s): Sustainability
Homes for today and tomorrow: TAG Immobilien AG publishes Sustainability Report 2020

22.04.2021 / 06:55
The issuer is solely responsible for the content of this announcement.


PRESS RELEASE

Homes for today and tomorrow: TAG Immobilien AG publishes Sustainability Report 2020

- Further targets set to balance economic, ecological, and social interests and create liveable residential neighbourhoods at affordable rents

- Social commitment essential, not only in times of Covid-19 pandemic: TAG Miteinander Stiftung (TAG 'Together' Foundation) established in 2020

- Completion of a comprehensive decarbonisation strategy to further reduce CO2 emissions in 2021

- New-construction activities in Poland open up new opportunities to plan buildings sustainably and to incorporate climate protection and resource conservation from the very beginning

- TAG among leading real estate companies based on ESG ratings received


Hamburg, 22 April 2021

TAG Immobilien AG (TAG) published its ninth Sustainability Report today. This report supplements and complements the financial reporting in the Annual Report published on March 17, 2021 with all material non-financial aspects of the 2020 financial year.

Referring to the Sustainability Report, Claudia Hoyer, COO of TAG, says: "We further specified and anchored our sustainability goals in 2020. This will help us to reinforce the integration of sustainability aspects in our business and raise awareness of them. Our sustainability management is a way for us to make a contribution to sustainable business, a society worth living in, and environmental protection. We see affordable housing as a major social responsibility. Satisfied tenants are key to our economic success and future viability."

Responsibility towards society - Social sustainability during the Covid-19 crisis

We are helping our tenants during the Covid-19 pandemic. Besides voluntarily waiving rent increases for several months, we also stepped up our debt advisory services in recent months. Social commitment is more important to us than ever. We are particularly committed to creating senior-friendly residential environments and neighbourhood communities, and we create recreational activities for all generations. As a residential company, we no longer see ourselves purely as a landlord; new social trends and changing needs mean that we are increasingly becoming a provider of life services in our neighbourhoods.

In 2020, the non-profit TAG Miteinander Stiftung (TAG 'Together' Foundation) was established. Under the aegis of the foundation, we are strengthening our community activities and improving the living conditions in our neighbourhoods. With the foundation, we want to ensure that people live in good conditions and enjoy being part of a community and a good neighbourhood. The focus is on supporting children and teens, families, and elderly people, as well as people in need who have fallen on hard times through no fault of their own.

During the pandemic, it is also important to protect our employees, who work on our customers' behalf every day. As a responsible employer, we therefore expanded our occupational safety measures and the options for flexible and remote work, and intensified communication via digital channels. Our corporate culture of appreciation, which is characterised by respectful and transparent interaction, is as crucial to our corporate success as the personal responsibility of each and every individual.

Developing our portfolio responsibly - Outlook for 2021

Our long-term goal is to develop and manage a nearly climate-neutral portfolio. To this end, we are currently developing a comprehensive decarbonisation strategy, which we aim to complete during the course of 2021. For example, we have already expanded the collection and quality of our data, and will set concrete reduction targets. By reducing CO2 emissions, we are making our contribution to meet climate targets. In our new-construction activities in Poland, which we will be investing in extensively over the next few years, we are already ensuring maximum energy efficiency and sensible use of resources from the very beginning.

Martin Thiel, Chief Financial Officer of TAG, said: "Our goal is to balance and harmonise economic, ecological, and social interests. With economic stability, we create the conditions for social and ecological commitment. And our social and ecological measures in turn have a positive impact on our long-term economic success. We are pleased that our sustainability approach is also reflected in a very positive assessment by international ESG rating agencies, and that we are one of the leading companies in the real estate sector here."

Further details on TAG's sustainability activities and sustainability targets can be found in the Sustainability Report 2020 at -ag.com/en/sustainability/sustainability-reports.

Press enquiries
TAG Immobilien AG
Dominique Mann
Head of Investor & Public Relations
Phone +49 (0) 40 380 32 300, Fax +49 (0) 40 380 32 388



22.04.2021 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


Language: English
Company: TAG Immobilien AG
Steckelhörn 5
20457 Hamburg
Germany
Phone: 040 380 32 0
Fax: 040 380 32 388
E-mail:
Internet: -ag.com
ISIN: DE0008303504
WKN: 830350
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange
EQS News ID: 1187365

 
End of News DGAP News Service

1187365  22.04.2021 

fncls.ssp?fn=show_t_gif&application_id=1187365&application_name=news&site_id=research_pool
EN
22/04/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on TAG Immobilien AG

Julian Dobrovolschi ... (+2)
  • Julian Dobrovolschi
  • Steven Boumans
BRE MBANK SA
V1S ARKEMA
LHN HOLCIM AG
LR LEGRAND
BMW BAYERISCHE MOTOREN WERKE AKTIENGESELLSCHAFT
AC ACCOR SA
ENX EURONEXT NV
VIE VEOLIA ENVIRONNEMENT SA
SGO COMPAGNIE DE SAINT-GOBAIN SA
ENGI ENGIE SA.
EDP EDP-ENERGIAS DE PORTUGAL SA
DG VINCI SA
SU SCHNEIDER ELECTRIC SE
RNO RENAULT SA
ADS ADIDAS AG
APAML APERAM SA
LI KLEPIERRE SA
COV COVIVIO SA
OUT1V OUTOKUMPU OYJ
GFC GECINA SA
NXI NEXITY SA CLASS A
FLY SOCIETE FONCIERE LYONNAISE SA
EN BOUYGUES SA
GYC GRAND CITY PROPERTIES SA
MERY MERCIALYS SA
GLE SOCIETE GENERALE S.A. CLASS A
INEA FONCIERE INEA
WHA WERELDHAVE N.V.
TEP TELEPERFORMANCE SE
IAG INTERNATIONAL CONSOLIDATED AIRLINES GROUP SA
BLND BRITISH LAND COMPANY PLC
ITRK INTERTEK GROUP PLC
KOF KAUFMAN & BROAD SA
ALTA ALTAREA SCA
VNA VONOVIA SE
ACX ACERINOX SA
XIOR XIOR STUDENT HOUSING N.V.
SAF SAFRAN S.A.
BCP BANCO COMERCIAL PORTUGUES S.A.
HEI HEIDELBERGCEMENT AG
VER VERBUND AG CLASS A
ENEL ENEL SPA
ICAD ICADE SA
BYG BIG YELLOW GROUP PLC
COFB COFINIMMO SA
NEM NEMETSCHEK SE
CAI CA IMMOBILIEN ANLAGEN AG
TEG TAG IMMOBILIEN AG
FCC FOMENTO DE CONSTRUCCIONES Y CONTRATAS S.A.
VASTB VASTNED RETAIL BELGIUM NV
PSPN PSP SWISS PROPERTY AG
UBS UBM DEVELOPMENT AG
SPSN SWISS PRIME SITE AG
PAT PATRIZIA AG
MONT MONTEA SCA
AED AEDIFICA SA
AMS AMADEUS IT GROUP SA CLASS A
CARM CARMILA SAS
EVK EVONIK INDUSTRIES AG
LEG LEG IMMOBILIEN AG
CPINV CARE PROPERTY INVEST SA
SAFE SAFESTORE HOLDINGS PLC
ANDR ANDRITZ AG
ARG ARGAN SA
VGP VGP NV
COL INMOBILIARIA COLONIAL SOCIMI SA
DIC DIC ASSET AG
WLN WORLDLINE SA
MERLIN MERLIN PROPERTIES SOCIMI S.A.
CLNX CELLNEX TELECOM S.A.
RACE FERRARI NV
DKG DEUTSCHE KONSUM REIT-AG
HOME NEINOR HOMES SA
AT1 AROUNDTOWN SA
PIRC PIRELLI & C. S.P.A.
REY REPLY S.P.A.
BBVA BANCO BILBAO VIZCAYA ARGENTARIA S.A.
LAND LAND SECURITIES GROUP PLC
MVC METROVACESA SA
NSI NSI N.V.
ULA UNIBAIL-RODAMCO-WESTFIELD SE STAPLED SECS CONS OF 1 SH UNIBAIL RODAMCO + 1 SH WFD UNIB ROD
INS INSTONE REAL ESTATE GROUP AG
AEDAS AEDAS HOMES SA
KBX KNORR-BREMSE AG
NEXI NEXI S.P.A.
CPR DAVIDE CAMPARI-MILANO N.V.
WDP WAREHOUSES DE PAUW SCA
UMG UNIVERSAL MUSIC GROUP NV
ECMPA EUROCOMMERCIAL PROPERTIES NV
DTG DAIMLER TRUCK
CTPNV CTP NV
ONE ONE UNITED PROPERTIES SA
SHUR SHURGARD SELF STORAGE LIMITED
TEN TENARIS S.A.

ResearchPool Subscriptions

Get the most out of your insights

Get in touch