EQS-News
TAG Immobilien AG – Homes for Generations: Sustainability Report 2023 published
- TAG Immobilien AG published Sustainability Report 2023
- Goal: Climate-neutral portfolio by 2045
- Recognized in Top 10 of real estate companies for sustainability
EQS-News: TAG Immobilien AG / Key word(s): Sustainability/ESG Homes for Generations: Sustainability Report 2023 published |
- TAG provides affordable housing in liveable neighbourhoods for all generations; goal of making the portfolio largely climate-neutral by 2045 is being resolutely pursued
- CO2 intensity in the German portfolio further reduced through investments in building and heating refurbishment – around 62% of the portfolio is energy efficiency class C or better
- Newbuild projects in Poland also prioritise sustainability: ’15-Minute City’ concept and self-developed Green Standard are just two of many initiatives
- First Social Day in 2024 – employees encouraged to volunteer for charity projects
- TAG in Top 10 of 1,000 real estate companies analysed worldwide in 2024, as per the latest Sustainalytics ESG rating
Hamburg, 25 April 2024
TAG’s decarbonisation strategy progresses with targeted investments in the German portfolio
TAG’s goal is to have a largely climate-neutral portfolio by 2045 in line with the Paris Climate Agreement. TAG is in an excellent position with its real estate portfolio in Germany, which emits around 29.4 kg CO2eq/sqm (2022). At this time, c. 62% of all buildings in the German portfolio already have Energy Performance Certificates in the four best categories (A+ to C). This proportion is to be further increased and also boosted with the ongoing model projects for serial refurbishment. In the projects launched in 2023 in Delmenhorst, Merseburg and Salzgitter, serial refurbishment reduces on-site construction time by around 50% to 75% – depending on the scope of the measures – thanks to digital prep work and industrial prefabrication of the building elements. In this way, TAG is helping to provide climate-friendly and socially compatible living space for multiple generations.