Sustainability in three letters — ESG
Environment (E): Responsible interaction with the environment has been an integral part of S IMMO's operations and strategy for many years. Our declared goal is to design our properties in a resource-efficient, low-emission and user-friendly way.
Social (S): We are not just an employer but our properties also fulfil people's basic need for space to live and work. S IMMO thus plays an important role in society.
Governance (G): As a listed company, S IMMO serves shareholders’ interests at all times. Managing capital with integrity and a focus on sustainability is a key part of the company’s self-image.
"The integration of sustainability across the company's entire ogranisation naturally includes the Supervisory Board, as well. In the ESG Committee, the expertise of the individual members is optimally combined and applied in the interest of ensuring sustainable success for the company."Karin Rest, EMBA | Chairwoman of the Supervisory Board
Tenant satisfaction and consistently increasing business value thanks to highest standards
Stability and reliability rooted in a successful past
Foresighted action for the benefit of our stakeholders and the environment
Achieving success as a team and together with our stakeholders
Our ESG strategy
We recognise the importance and relevance of sustainability and ESG. Therefore, we pursue a comprehensive and aligned ESG strategy together with CPI Property Group and IMMOFINANZ. The strategy comprises 15 goals in the areas of Environment, Social and Governance. These goals can be found on the respective subpages.
S IMMO's ESG strategy is available for download here.
S IMMO uses memberships and partnerships in order to meet its social responsibility in the area of sustainability within its industry and the economy as a whole. It actively supports sustainable development and the transfer of knowledge and is a member of the Austrian Business Council for Sustainable Development (respACT), the European Public Real Estate Association (EPRA) and the Austrian Sustainable Building Council (ÖGNI).
As a real estate company, one of the biggest sources of leverage S IMMO has when it comes to making a material contribution to a sustainable economy and society is to ensure that the construction, operation and modernisation of its properties are as resource-efficient, low in emissions and user-friendly as possible. To this end, S IMMO plans its own development projects according to the green building standards of BREEAM, WELL and LEED and evaluates property acquisitions based on existing certifications or future certifiability. S IMMO holds a Sustainalytics ESG Risk Rating of 12.2 (Low Risk).
S IMMO AG prepares its non-financial report in accordance with the GRI Standards and also considers the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD), the Greenhouse Gas Protocol (GHG Protocol) and the EPRA Sustainability Best Practices Recommendations (EPRA sBPR) in its reporting.