Social

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 respecting, protecting and promoting international human rights in the course of all of its activities and does not tolerate any form of discrimination. This involves preventing and dealing with human rights violations that may arise as a result of the company’s activities on the one hand and, on the other, investing efforts in preventing or mitigating any negative impacts on human rights that may arise in the course of direct business relationships.

S IMMO has undertaken to maintain a work environment that is characterised by mutual trust, in which diversity and inclusion are valued and in which everyone is treated with dignity and respect. S IMMO complies with laws and regulations on the protection of human rights, fair working conditions and other provisions of labour law and refers here explicitly to

• the International Bill of Human Rights, including the Universal Declaration of Human Rights, the International Covenant on Economic, Social and Cultural Rights, and the International Covenant on Civil and Political Rights,
• the Fundamental Principles and Core Labour Standards of the International Labour Organisation (ILO),
• the UN Guiding Principles on Business and Human Rights and
• the OECD Guidelines for Multinational Enterprises

as frameworks for defining its publicly available organisational policy on human rights, which governs our Group-wide approach to human rights issues.

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.