DGAP-News: Adler Group S.A.
/ Key word(s): Sustainability
Adler Group S.A.: Publication of the first ESG report
Berlin, 4 May 2021 - Adler Group S.A. ("Adler Group") today published its first sustainability report reflecting the sustainability efforts to date and providing a detailed overview of the most material topics: environmental protection, social affairs and corporate governance.
ESG firmly anchored in the long-term strategy
Measurable goals set for future climate protection
In the coming years, Adler Group plans to intensify modernisation of its assets through the installation of photovoltaic (PV) systems and combined heat and power plants (BHKW), which are more environmentally friendly than conventional heating systems. In the first step, approximately 1,000 PV systems will be installed on the roofs to cover a demand-based power supply and 200 combined heat and power plants provided for about 1,500 buildings. Furthermore, portfolio optimisation through carefully selected disposals and the build out of the company's build-to-hold development pipeline, adding 10,000 new flats in Germany's top 7 cities, will also play an important part in making the portfolio more sustainable and climate friendly.
In the course of 2021, a detailed roadmap will be designed with all necessary steps and measures enabling the company to achieve its target to half CO2 emissions within the portfolio over the next 10 years.
Following the German Corporate Governance Code
- the Audit Committee
Except for the Ad hoc Committee, all other Committees are fully composed of independent Directors and therefore act as independent bodies without participation of the Senior Management.
The sustainability report is available on Adler Group's website at:
04.05.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||Adler Group S.A.|
|Phone:||+352 278 456 710|
|Fax:||+352 203 015 00|
|Indices:||SDAX, FTSE EPRA/NAREIT Global Index, FTSE EPRA/NAREIT Developed Europe Index, FTSE EPRA/NAREIT Germany Index|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange; London, Luxembourg Stock Exchange, SIX|
|EQS News ID:||1191285|
|End of News||DGAP News Service|