News
09/09/2015
Deutsche Wohnen increases transparency in its reporting of non-financial performance figures
Corporate News: Deutsche Wohnen increases transparency in its reporting of non-financial performance figures
DGAP-News: Deutsche Wohnen AG / Key word(s): Sustainability
2015-09-09 / 11:40
---------------------------------------------------------------------
Sustainability report 2014
Deutsche Wohnen increases transparency in its reporting of non-financial
performance figures
Frankfurt/Main and Berlin, 9 September 2015. Deutsche Wohnen has published
its third sustainability report today with the title, "Framing Urban
Living". This report complements the annual report, providing information
about the ecological, social and employee-related activities of the company
and stating the key figures of these areas. It follows the globally
recognised standards of the Global Reporting Initiative. Moreover, it is
accompanied by the sustainability magazine, which presents important
elements of Deutsche Wohnen's commitment to sustainability in the areas of
strategy, environmental protection and social responsibility in its
holdings as well as its employee commitment.
Database extended
In comparison to its earlier reports, Deutsche Wohnen was able to extend
its database significantly and, for example, include in its recorded data
details about materials used or the selection of local suppliers. Deutsche
Wohnen also succeeded in including in this extension to its database the
increase in employees and also a part of the extended residential units
that resulted from its merger with GSW. Moreover, the company was able to
further develop its sustainability programme and to include new targets. As
in the previous reports, the industry-specific requirements of the European
Public Real Estate Association (EPRA) were also applied.
Investments in modernisation and energy efficiency are having an effect
An analysis of the portfolio of Deutsche Wohnen showed that the company's
consistent programme of modernisation measures is having an effect and that
Deutsche Wohnen is fit for the future. Approximately 72 % of the
residential units have an energy consumption that is lower than the average
of 160 kWh/sqm per year for residential buildings in Germany. As Michael
Zahn, Chief Executive Officer of Deutsche Wohnen AG, explains, "In order to
further improve the energy efficiency of our holdings and the quality of
housing, we plan to make investments in the amount of EUR 280 million in
this area over the next four years."
The company is also adhering to consistent standards of sustainability in
the case of more than 100 new apartments which it is building in
Potsdam-Babelsberg for around EUR 21 million. This new build is being given
the silver standard seal of approval by the German Sustainable Building
Council [Deutsche Gesellschaft für Nachhaltiges Bauen - DGNB]. In the case
of a further project, which is planned in Berlin-Westend, Deutsche Wohnen
is aiming to achieve a gold standard certificate for this residential
estate as a "Sustainable Urban Quarter".
Dialogue with politicians and society
With its comprehensive programme of modernisation and its first new
building projects, Deutsche Wohnen is contributing significantly to the
task of making urban housing sustainable. As Michael Zahn points out, "We
are intensifying our involvement in social dialogue so that, together with
politicians and associations, we can develop joint solutions to the social
and energy-efficiency challenges we face. After all, we need reliable
framework conditions in order to be able to make long-term investments."
Of value to society
With the measures it is taking in its core business, Deutsche Wohnen is
acting in line with its conviction of creating "added value" for society
whilst contributing to climate protection. But the company is going further
than this as well. The report provides information about current projects
to upgrade residential neighbourhoods, with a regional focus on large
estates from the 1960s and 1970s in Berlin and Hanover.
The sustainability report and the magazine are available for download on
our website. The magazine also is available as a print version.
Deutsche Wohnen
Deutsche Wohnen is one of the largest publicly listed real estate
companies in Germany and Europe with a business focus on managing and
developing its portfolio, which focusses on residential properties. As at
30 June 2015, the portfolio comprised a total of 144,015 units, of which
141,943 are residential units and 2,072 are commercial properties. Deutsche
Wohnen is listed in the Deutsche Börse's MDAX and is included in the
leading indices EPRA/NAREIT and GPR 100.
Contact:
Juliane Kieslinger
Phone +49 (0)30 897 86-5413
Fax +49 (0)30 897 86-5419
ir@deutsche-wohnen.com
---------------------------------------------------------------------
2015-09-09 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.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
Language: English
Company: Deutsche Wohnen AG
Pfaffenwiese 300
65929 Frankfurt am Main
Germany
Phone: +49 (0)30 89786-0
Fax: +49 (0)30 89786-5409
E-mail: ir@deutsche-wohnen.com
Internet: http://www.deutsche-wohnen.com
ISIN: DE000A0HN5C6
WKN: A0HN5C
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of News DGAP News Service
---------------------------------------------------------------------
393191 2015-09-09