Management Approach: a Clear Commitment to Diversity in Our Company

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In 2013, we as a company signed the “Diversity Charter.” By doing so, we made a clear commitment to create and promote a work environment that is free from prejudice. Regardless of gender, age, sexual orientation and identity, race, nationality, ethnic background, religion, or worldview, all employees should experience appreciation, tolerance and respect. The signing also meant the go-ahead for HR management to expand existing initiatives and to develop additional concepts in order to promote and more firmly anchor the issue of diversity within our company. We are unaware of any discrimination cases in 2016. 102-12, 406-1

We are convinced that the diversity of our workforce, which is drawn from around 30 different countries, benefits our company and our processes. Due to their various cultural and social backgrounds, our employees contribute different mentalities, perspectives, experiences and ways of seeing things to our company. This diversity – and especially our employees’ knowledge of various languages – is particularly valuable in dealing with our customers, who come from a total of 170 different countries. Whether German, Turkish, English or Arabic, Vonovia’s employees are able to communicate with our customers in their own language, respond directly to their concerns and, above all, understand possible cultural idiosyncrasies.

The diversity of our employees is already apparent during our vocational training courses: In 2016, more than 35% of our trainees in the commercial sector had a migrant background. In addition, we are increasingly seeking to inspire girls and women to enter the trades and to recruit them for our company. We have therefore developed measures in order to directly appeal to young women. At career orientation events held at schools, we inform girls of the various internship offerings at our company, enabling them to gain initial experience of careers in the trades. As part of the “Training Ambassador” program of the Chamber of Industry and Commerce and the Chamber of Trades, our female employees (also in the trades) visit schools to talk about their work in our company. At the nationwide Girls’ Day, pupils have the opportunity to accompany our craftsmen and technical employees during their everyday work.

Icon – Diversity and Equal Opportunities – Employees – Nations (icon)Icon – Diversity and Equal Opportunities – Employees – Nations (icon)

30

Nations
Our employees come from various nations

Icon – Diversity and Equal Opportunities – Customers – Nations (icon)Icon – Diversity and Equal Opportunities – Customers – Nations (icon)

170

Nations
Our customers come from more than 170 nations

Icon – Diversity and Equal Opportunities – Trainees – Migrant Backgrounds (icon)Icon – Diversity and Equal Opportunities – Trainees – Migrant Backgrounds (icon)

>35%

with Migrant Backgrounds
More than 35% of our trainees in the commercial sector had a migrant background in 2016

Vonovia would also like to increase the share of women at its first management level: The Management Board has set a goal of reaching a proportion of women of 25% by June 30, 2017. Due to organizational changes, the proportion of women at management levels below the Management Board will likely amount to around 18% as of this date.