DGAP-News

CORESTATE publishes ESG report 2022 and strengthens ESG service offering for decarbonization in the real estate sector

DGAP-News: Corestate Capital Holding S.A. / Key word(s): ESG/Sustainability CORESTATE publishes ESG report 2022 and strengthens ESG service offering for decarbonization in the real estate sector 30.06.2022 / 07:30 The issuer is solely responsible for the content of this announcement. CORESTATE publishes ESG report 2022 and strengthens ESG service offering for decarbonization in the real estate sector

• High demand for ESG services in real estate financing
• Integrated ESG rating for equity and debt products covering the entire value chain
• Focus on sustainability reporting, risk management and product innovations

Frankfurt, 30 June 2022 – CORESTATE Capital Group S.A. (Corestate), a leading independent real estate investment manager in Europe, has announced on the occasion of the publication of this year's ESG report that it will further strengthen its ESG services offering additional support for its clients in decarbonizing their real estate assets. "We are noticing a continuous increase in sustainability preference among investors, tenants and financing partners," says Izabela Danner, COO of Corestate and responsible for ESG at board level. "Our clients need guidance in a rapidly changing market environment and pragmatic solutions for a very ambitious regulatory ESG agenda. We see this development as a challenge and opportunity and offer our clients comprehensive ESG services with a focus on risk management, reporting and product innovation."

Environmental key figures with solid overall performance – 2021 influenced by Corona

Since the start of measurement in 2018, Corestate's portfolios have reduced greenhouse gas emissions by 12.6%, energy consumption by 2.7%, water consumption by 25.1% and waste by 17.3%. Commenting on the results of the ESG report, Ms. Danner explaines: "The three-year analysis shows that we have already exceeded our voluntary targets for reducing CO2 emissions, water consumption and waste volume. Despite short-term influences from the Corona pandemic – for example in the course of high fluctuations in energy consumption in office and commercial properties – all environmental performance indicators are moving in the right direction and contribute to the achievement of the overarching company goals."