For our latest Sustainability Report 2011 [Update] of December 2012, click here (PDF, 3,7 MB).
As a real estate company with a long-term investment horizon, we are geared to dealing with resources and the environment in a sustainable manner. This minimises risks, promotes existing business and opens up new business opportunities to us. In our entrepreneurial decisions and processes, we take account of ecological and social requirements and, wherever possible, forego the opportunities for short-term gains in favour of fundamental options for optimisation.
Our strategic approach includes
- gearing ourselves to environmental, safety and social standards
- integrating sustainability issues into our business processes
- maintaining good, long-term relationships with all interest groups
- open and transparent communication
The idea is to keep expanding and optimising our sustainability approach incrementally in both strategic and organisational ways. In some areas, this involves an extended process, which we will regularly document in our sustainability reports.
In our latest sustainability report, we specifically expanded the environmental section. We gathered extensive operating and consumption data on our properties, and used this enlarged and more verifiable data material to deepen our analyses. For the first time, we also determined the internal consumption of DIC Asset AG, and compiled a carbon footprint.
Specific Examples of Some of Our Projects
with Sustainable Positive Ramifications
- Contract Bundling and Supplying Power from Renewable Energy Sources
In 2010, we decided to switch to electricity contracts that would guarantee the delivery of power from renewable, environmentally friendly energy sources. The power is mainly generated by wind farms, hydroelectric dams, solar and photovoltaic arrays, as well as in geothermal plants. As of 2012, all of our properties are supplied with common-area electricity from renewable energy sources. In the process, we renegotiated several hundred separate contractual relationships with more than 40 different utilities over the past two years, bundling them into master agreements with just three utilities in order to achieve this.
Corporate Citizenship and Social Sustainability
- Cultural Sponsorships
As a Frankfurt-based company that benefits not least from the rich diversity of this fine metropolis, we support the city's cultural life by sponsoring museums and junior artists. One of the things we did in 2011, for instance, was to make the MainTor estate available as temporary exhibition space for the Museum of Modern Art (MMK), which celebrated its 20th anniversary and presented parts of its collection to more than 100,000 visitors. We also regularly sponsor cultural and artistic projects by making vacant office and retail areas available for limited periods of time, thereby supporting events and shows.
- Construction of Sustainable Quarters
Following successful lettings and sales, the realisation of more than half of the project volume is now under way. The MainTor project took comprehensive sustainability aspects into account almost from the start. For us, sustainable project development means consistently exhausting savings potential, using floor space in optimal ways, promoting our staff's productivity and quality of life, and considering the environment of our properties in everything we do. This focus is reflected in our intention to seek the best possible green building certification for all of our commercial sub-projects of MainTor Quarter – DGNB Gold.
Sustainability report 2010/2011 [March 2012] (PDF, 4 MB)>>
Before, we reported on our sustainability activities in the contex of our annual reports:
Financial year 2010 [March 2011]: (PDF, 170 KB) >>
Financial year 2009 [March 2010]: (PDF, 30 KB) >>