Social

Our responsibility

S IMMO is not just an employer, but also its properties also fulfil people’s basic need for living and working spaces. This results in a particularly close connection with and special responsibility to society, especially with regard to the above-mentioned focus areas.

Highly qualified and satisfied employees are an essential part of any company. Respect, trust and mutual appreciation are the pillars of cooperation that are actively put into practice at S IMMO.

As a property company, tenants play a key role for S IMMO. S IMMO treats its tenants as equal partners and maintains a respectful dialogue at all times. This is ensured by local teams that constantly strive to find optimally tailored solutions.

The continuous engagement with the various stakeholder groups is an important priority for S IMMO. The teams at the parent company in Austria and at the subsidiaries in Germany, Hungary, Romania and Croatia are familiar with the properties and the local conditions and foster long-term relationships with relevant stakeholders.

S IMMO is committed to complying with the Universal Declaration of Human Rights, the International Bill of Human Rights, the United Nations Guiding Principles on Business and Human Rights, the International Labour Organization’s (ILO) Declaration on Fundamental Principles and Rights at Work and eight fundamental conventions, and the OECD Guidelines for Multinational Enterprises.

Furthermore, S IMMO pledges to adhere to Council Directive 76/207/EEC of 09 February 1976 on the implementation of the principle of equal treatment for men and women as regards access to employment and the 1979 UN Convention on the Elimination of all Forms of Discrimination Against Women (CEDAW). S IMMO also undertakes to promote and protect the rights of minorities as laid down in the 1992 United Nations Minorities Declaration. S IMMO is additionally committed to complying with the UN Convention on the Rights of the Child and is therefore not at all involved in and does not condone the illegal employment or exploitation of children through work. 

In addition, S IMMO recognises the right to clean water as a fundamental human right. 

For S IMMO, it is important to take responsibility beyond its core business and support charitable projects in the countries in which it operates. The company therefore supports various Caritas projects in Austria, Hungary, Romania and Bulgaria that are aimed at providing homes to people in need and providing a better outlook for the future of young people.

"Taking on social responsibility beyond the legal requirements is a matter of course for S IMMO. An open and honest relationship with our tenants is just as important as offering our team a pleasant working environment characterised by mutual respect. This is in line with the sustainable value creation of the company."
Friedrich Wachernig, MBA | Member of the Management Board

Our goals

  • 50% share of female employees and senior managers by 2025
  • Free access to preventive physical and mental healthcare for all employees by 2023
  • Internal and external training hours for all employees
  • Introduction of binding green leases
  • Annual tenant satisfaction surveys

Downloads

Additional information is outlined in the S IMMO human rights policy, and details about the company’s charitable activities can be found in the non-financial report.