Climate Protection
Adler Group endeavours to continuously reduce GHG emissions by reducing energy consumption and increasing the use of renewable energies. This is reflected, among other things, in the fact that Adler Group is certified in accordance with DIN ISO 50.001. However, no specific (quantitative) targets or dates for reduction measures have been set. Key figures on GHG emissions, energy consumption and the energy mix can be found in the table "Environmental Performance Measures" in the appendix of the report.
Concerning the downstream value chain, though, Adler Group will reassess its plans to halve emissions until 2030 in 2025 and will carry out a corresponding analysis in order to identify optimisation potential (energy) and reduction potential (emissions) for the remaining property portfolio. A budget for initial measures has already been planned. The plan, which extends far into the next decade, is intended to set short, medium and long-term (interim) targets and define suitable strategies for achieving them.
In order to reduce GHG emissions in the upstream value chain, Adler Group installs photovoltaic systems or heat pumps in its properties where technically feasible and economically viable, increases the use of district heating, replaces old heating systems by modern, more efficient ones and promotes the use of local public transport among commuting employees to reduce Scope 3 emissions.
Pollution
As part of the double materiality analysis, Adler Group has looked at all relevant activities and services of the Company that have or could have an impact on the environment. This includes emissions to air, water and soil, the impact on (living) organisms, the handling of substances of concern and substances of very high concern, and the handling and use of microplastics. The impacts, risks and opportunities were not material in any scenario. This was found to be true for Adler Group's own operations as well as in the upstream or downstream value chain including the consideration of "affected communities". The same applies to all developments in the environment with an impact on the Company's finances and the associated risks and opportunities. None could be identified.
Adler Group provides all necessary resources (human and financial) to fulfil the legal standards/requirements as well as to comply with the Company's internal requirements with regard to environmental pollution.
Resource utilisation and circular economy
Adler Group has reviewed the entire business operations as well as the upstream and downstream value chain with the involvement of stakeholders to determine the environmental and financial impact of the Company's current practices in resource/material procurement and waste utilisation. Adler Group exclusively provides services. Materials and goods are purchased in negligible quantities for this purpose. Care is taken to ensure that office or other equipment is recycled properly when no longer useful.
Adler Group encourages its tenants to minimise the amount of waste and to separate it for easy recycling by providing appropriate advice and information. The quantities of waste generated by tenants are shown in the table "Environmental Performance Measures" in the appendix of the report.