DGAP-News Homes for today and tomorrow: TAG Immobilien AG publishes Sustainability Report 2020 - Seite 2
In 2020, the non-profit TAG Miteinander Stiftung (TAG 'Together' Foundation) was established. Under the aegis of the foundation, we are strengthening our community activities and improving the living conditions in our neighbourhoods. With the foundation, we want to ensure that people live in good conditions and enjoy being part of a community and a good neighbourhood. The focus is on supporting children and teens, families, and elderly people, as well as people in need who have fallen on hard times through no fault of their own.
During the pandemic, it is also important to protect our employees, who work on our customers' behalf every day. As a responsible employer, we therefore expanded our occupational safety measures and the options for flexible and remote work, and intensified communication via digital channels. Our corporate culture of appreciation, which is characterised by respectful and transparent interaction, is as crucial to our corporate success as the personal responsibility of each and every individual.
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Developing our portfolio responsibly - Outlook for 2021
Our long-term goal is to develop and manage a nearly climate-neutral portfolio. To this end, we are currently developing a comprehensive decarbonisation strategy, which we aim to complete during the course of 2021. For example, we have already expanded the collection and quality of our data, and will set concrete reduction targets. By reducing CO2 emissions, we are making our contribution to meet climate targets. In our new-construction activities in Poland, which we will be investing in extensively over the next few years, we are already ensuring maximum energy efficiency and sensible use of resources from the very beginning.
Martin Thiel, Chief Financial Officer of TAG, said: "Our goal is to balance and harmonise economic, ecological, and social interests. With economic stability, we create the conditions for social and ecological commitment. And our social and ecological measures in turn have a positive impact on our long-term economic success. We are pleased that our sustainability approach is also reflected in a very positive assessment by international ESG rating agencies, and that we are one of the leading companies in the real estate sector here."