Climate Protection

Adler Group aims to continuously reduce its energy requirements and GHG emissions. 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. Adler Group has not formulated any specific targets for its own business operations. For the downstream value chain, GHG emissions are to be halved by 2030 (based on 2020 values), which is in line with EU targets.

Pollution

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. In view of the very low pollution load from its own business operations as well as rom the downstream and upstream value chain, Adler Group has not formulated any specific targets or measures.

Water and marine resources

No impact at all was identified on marine waters and marine resources. Due to a lack of relevance, there are no special control mechanisms nor a dedicated water policy. Nevertheless, Adler Group makes careful use of water and marine resources for business reasons which is documented by the ISO 50 001 certificate. In the downstream value chain Adler Group uses sanitary facilities in its flats that limit the flow of water and thus counteract excessive consumption of fresh water. Adler Group complies with all legal requirements for water management (in particular with regard to the installed sanitary facilities) in its property portfolio without any restriction.

Resource utilisation and circular economy

With the exception of waste management in the downstream value chain (tenants), Adler Group has not developed any guidelines in this regard due to the lack of materiality. The type, design and quantities of goods and services purchased at Adler Group are generally commissioned by the specialist departments, with the purchasing department assuming an advisory role e.g. by formulating minimum requirements for the sustainability characteristics of the products and materials purchased. However, due to the overall low volumes, the Company has not developed a dedicated guideline and has no plans to do so in the near future.

Own workforce

Adler Group determines the wishes and satisfaction of its employees based on the results of the annual employee survey. A continuously high satisfaction score signals that Adler Group's efforts to promote transparency, diversity, increased training opportunities and additional monetary and non-monetary benefits are paying off, despite the extensive restructuring measures. Adler Group has set itself the goal of offering all employees the most pleasant working environment possible.
 

Consumers and end users

Adler Group counts only its tenants as its direct customers. They use the living space provided by Adler Group and the associated (property-related) services. Satisfied tenants have little reason to move out of their flat, while dissatisfied tenants do. Adler Group therefore measures tenant satisfaction by the tenant turnover rate. However, the objective is not to set a specific target, but to maintain this rate at the present low level in the long term.
 

Corporate Policy

Adler Group attaches great importance to a sustainable corporate culture because it is the prerequisite for a good reputation, access to financial markets and high employee motivation. Companies with a strong ethics and compliance culture are less susceptible to legal problems and penalties. Moreover, a robust culture helps organisations to better respond to and weather crises, promoting long-term financial stability. The role of the administrative, management and supervisory bodies is described in detail in section "Corporate Governance Report" of the report".