Company in transition

Adler Group has taken all the right steps in 2022 to make its business activities even more sustainable. Employee satisfaction has increased, significant efforts were made to review and improve corporate governance, the concerns of tenants continued to be among the top priorities, and we managed to improve energy efficiency in 2022, measured in terms of specific energy consumption per square meter of residential floor space. This is a positive development with regard to the efforts to mitigate climate change.

However, when it came to investing in improving energy efficiency, Adler Group’s sustainability management was not able to meet the self-imposed target formulated in 2021. After all, 2022 was a year of transition for Adler Group in many respects including considerable changes in the portfolio. The intention to halve CO2 emissions, as presented in last year’s sustainability report, will be revisited and reassessed in 2023 based on the new portfolio composition.