Material Topics

In order to meet our responsibilities toward the environment and society, we focus our sustainability efforts on topics that are material and relevant to Vonovia. We analyze and update these topics based on developments in the European real estate markets, society and politics. We also include topics that we can influence with our business model.

Performing a Materiality Analysis

We identified and prioritized the topics that were material to our company and our business activities for the first time in preparing the 2015 sustainability report. A stakeholder survey was conducted at the beginning of 2017 to validate and amend these topics. Please refer to the 2016 Sustainability Report for a detailed description of the procedure. SR 2016, Performance of a Materiality Analysis to Validate the Content of the Report 102-48, 102-49

The evaluation of the topics was transferred to a materiality matrix, which showed that none of the topics were classified as irrelevant by the stakeholders. The topics raised by the stakeholders themselves were all topics that Vonovia already addresses. 102-46

We intend to perform another materiality analysis in 2020. The aim is to reflect the course taken until that point and give us the opportunity to include or reevaluate current developments and issues in our sustainability management.

Materiality Matrix 102-47

Materiality Matrix (graph)

Material Topics per Focus Areas 102-47, 103-1

 

 

Material for

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Material topic

 

Vonovia/ busi­ness pro­cesses

 

Cus­tomers/society

 

Supply chain

 

GRI topics

 

Link

 

 

 

 

 

 

 

 

 

 

 

Sustainable corporate governance

 

 

 

 

 

 

 

 

 

 

Long-term growth

 

x

 

 

 

 

 

Economic performance

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Outlook for 2019
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Open dialogue with society

 

 

 

x

 

 

 

Public policy // Stakeholder engagement

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Objectives, Measures and Indicators

Compliance and anti-corruption

 

x

 

 

 

x

 

Anti-corruption // Human rights // Anti-competitive behavior // Environmental compliance // Socio-economic compliance // Marketing and labeling

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Adjustments to reflect climate change

 

x

 

x

 

 

 

Economic performance

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Outlook for 2019
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Environmental standards in the supply chain

 

 

 

 

 

x

 

Procurement practices // Supplier environmental assessment

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Social and labor standards in the supply chain

 

 

 

 

 

x

 

Procurement practices // Supplier social assessment // Human rights

 

Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Management Approach

 

 

 

 

 

 

 

 

 

 

 

Society and customers

 

 

 

 

 

 

 

 

 

 

Portfolio maintenance

 

x

 

x

 

x

 

Material topic – not covered by GRI

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Tenant health and safety

 

 

 

x

 

 

 

Customer health and safety

 

Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Creation of homes

 

 

 

x

 

 

 

Local communities

 

Objectives, Measures and Indicators
Objectives, Measures and Indicators

Service quality and customer satisfaction

 

 

 

x

 

 

 

Stakeholder engagement

 

Management Approach
Objectives, Measures and Indicators

Neighborhood development

 

x

 

x

 

 

 

Indirect economic impact // Local communities

 

Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Objectives, Measures and Indicators
Objectives, Measures and Indicators
Objectives, Measures and Indicators

Affordable rents

 

x

 

x

 

 

 

Indirect economic impact

 

Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Objectives, Measures and Indicators
Objectives, Measures and Indicators

Corporate citizenship

 

 

 

x

 

 

 

Indirect economic impact

 

Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Objectives, Measures and Indicators
Objectives, Measures and Indicators

 

 

 

 

 

 

 

 

 

 

 

Environment

 

 

 

 

 

 

 

 

 

 

Energy efficiency and reducing greenhouse gas emissions in the portfolio

 

x

 

x

 

 

 

Energy // Emissions

 

Management Approach
Objectives, Measures and Indicators
Challenges, Opportunities and Risks
Management Approach
Objectives, Measures and Indicators
Challenges, Opportunities and Risks

Environmental protection in the portfolio

 

x

 

x

 

 

 

Biodiversity // Water // Effluents and waste

 

Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Environmental protection in connection with renovation and new construction measures

 

x

 

 

 

 

 

Water // Effluents and waste

 

Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Company environmental protection

 

x

 

 

 

 

 

Energy // Emissions // Water // Effluents and waste

 

Management Approach
Objectives, Measures and Indicators
Challenges, Opportunities and Risks
Management Approach
Objectives, Measures and Indicators
Challenges, Opportunities and Risks

Impact of transportation/logistics

 

x

 

 

 

 

 

Energy // Emissions

 

Management Approach
Objectives, Measures and Indicators
Challenges, Opportunities and Risks
Management Approach
Objectives, Measures and Indicators
Challenges, Opportunities and Risks

 

 

 

 

 

 

 

 

 

 

 

Employees

 

 

 

 

 

 

 

 

 

 

Training and education

 

x

 

 

 

 

 

Training and education

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Work–life balance

 

x

 

 

 

 

 

Employment // Occupational health and safety

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Outlook for 2019
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Diversity and equal opportunities

 

x

 

 

 

 

 

Diversity and equal opportunity // Anti-discrimination/equal treatment

 

Objectives, Measures and Indicators
Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Health management/occupational health and safety

 

x

 

 

 

 

 

Occupational Health and Safety

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators

Co-determination

 

x

 

 

 

 

 

Labor/management relations // Freedom of association and collective bargaining

 

Management Approach
Challenges, Opportunities and Risks
Objectives, Measures and Indicators
Outlook for 2019