Vonovia published its first Sustainability Report in October 2016, laying the foundation for its future sustainability reporting. This means that the Sustainability Report was published before the expected statutory obligation to disclose non-financial information. The future requirements relating to a declaration made by the company on non-financial aspects such as environmental issues, employee, diversity and social issues, including occupational health and safety, human rights and measures to fight corruption and bribery, will be met by Vonovia’s Sustainability Report, which will be published as an independent report in the future, i.e., outside of the management report. The report will follow the G4 guidelines of the Global Reporting Initiative (GRI), as well as the EPRA best practice recommendations on corporate social responsibility reporting. It is a stated goal of the management to further expand and refine the company’s sustainability reporting over the next few years.
Although the management report is aimed primarily at providing financial reporting to investors and analysts, transparency regarding the extent to which sustainability aspects are taken into account in investment decisions is becoming increasingly important.
We identified the sustainability topics that are important to us in connection with our business activities and that we want to address in a structured manner in the future. Over the course of the next few years, we will further expand and refine our reporting. This also includes setting specific targets in connection with our operating business.