TAG Immobilien AG Releases 2023 Sustainability Report

TAG Immobilien AG, a major player in sustainable real estate, published its 2023 Sustainability Report, underscoring its commitment to environmental stewardship and community service. The company aims to make its housing portfolio largely climate-neutral by 2045, aligning with the Paris Climate Agreement. The current CO2 emission rate stands at about 29.4 kg CO2eq/sqm, with approximately 62% of its German portfolio achieving a high energy efficiency rating of class C or better.

In Poland, TAG continues to focus on sustainable building projects and has implemented the '15-Minute City' concept plus a self-developed Green Standard for new constructions, indicating progress in its environmental initiatives. The company added approximately 2,400 rental units to its portfolio in 2023 and sold almost 3,600 units in the same period.

Beyond environmental actions, TAG also highlights its societal contributions, such as enhanced community projects and the inauguration of TAG Social Day in 2024, allowing employees to engage in charity voluntarily. Additionally, the firm has been recognized for its efforts in corporate social responsibility with awards like the Outstanding Contribution to Society Award from EPRA.

Financially, TAG continues to excel in sustainability metrics, securing the 9th place in Sustainalytics' ESG rating of global real estate companies, placing it in the top 1%. Claudia Hoyer, COO and Co-CEO, emphasized TAG’s desire to blend community spirit with operational goals. The details of these initiatives can be found in the full sustainability report on their website.