To enhance its responsibility to the environment and society, IVG Immobilien AG has now presented its first sustainability report. In future, it will report annually on its goals, measures, activities and progress in the field of corporate sustainability.
As an international company, IVG already takes corporate, social and ecological responsibility in many areas and countries. One successful example is the launch of Germany's first real estate fund for sustainable office properties in 2010.
In addition, it has a range of properties in its portfolio and project developments with corresponding sustainability certifications in Germany and abroad. IVG also gave the issue of sustainability a place in its corporate organization befitting its significance by creating a central 'Corporate Sustainability & Research' department at the beginning of 2011.
At the core of the report is a detailed presentation of the sustainability outlook of IVG based on its 'IVG 4/6' model, which fully incorporates the four dimensions and six addressees of corporate sustainability in reporting. Building on this, a sustainability strategy is now being gradually intensified and implemented at IVG.
"By reporting detailed consumption data for a majority of the IVG real estate portfolio, IVG is taking a pioneering role in sustainability reporting within the real estate sector. This first edition of our sustainability report is the next logical step in our transparency campaign launched in 2009," emphasized Prof Wolfgang Schäfers, Member of the Board of Management of IVG.
Source: IVG Immobilien AG