Berlin, 14 July 2022 – DIE Deutsche Immobilien Entwicklungs AG (DIEAG) joined the two industry initiatives ECORE (ESG-Circle of Real Estate) and DGNB e.V. in June 2022.
The DIEAG Group is equally committed to economic, ecological and social concerns. This is reflected in its sustainability mission statement on responsible and lasting investment in accordance with the three central ESG criteria – environment, social and governance – and in its corporate principle of realising meaningful projects across all asset classes. DIEAG has joined the two industry initiatives ECORE (“ESG Circle of Real Estate”) and DGNB e.V. in order to give visible and consistent expression to the Group’s sustainability mission statement.
Robert Sprajcar, CEO of DIEAG Group: “We firmly believe that the best way to counter trends is to anticipate them. ESG criteria are therefore already standard for us and a guideline for all our projects. However, we would like to further express our focus on holistic and sustainable project development and our commitment to this. We have therefore joined the DGNB e.V. and the ECORE initiative. In some of our projects, such as our Behrens-Ufer development in Berlin-Oberschöneweide, we are going beyond the standards and certification benchmarks currently in force. Accordingly, we are aiming to achieve DGNB Platinum certification for the entire 10-hectare Behrens-Ufer project. For us, sustainability is not a requirement to be met, but a matter of course. We are therefore particularly looking forward to working together and exchanging ideas within the respective networks.”
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Press contact DIEAG
Dr. Gregor Keck
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T+49 30 22 44 50 560
presse@die.ag
About ECORE
The ESG Circle of Real Estate, or ECORE for short, is an industry initiative to develop and establish a robust and marketable European industry standard for measuring the sustainability performance of real estate portfolios. ECORE sees itself as a dialogue and best practice platform for an open and trusting exchange between its members. The initiative has developed a comprehensive set of criteria for an ESG scoring model. Using a scale from zero to 100, all stakeholders, such as tenants and investors, can see to what extent a property or portfolio meets climate targets and ESG criteria. From this, the potential for operational optimisation of a property is derived in detail. In addition to the ESG criteria, the required taxonomy criteria of the EU and the goals of the Paris Climate Agreement are also mapped. The ongoing development and adaptation of the ESG scoring to changing conditions is a key component of the initiative. More than 150 members have joined ECORE since its launch in 2020, including major industry associations in the property sector. Bell Management Consultants is the initiator and neutral steering and coordination unit of the initiative.
For further information please visit: www.ecore-scoring.com
About DGNB
The German Sustainable Building Council (DGNB) is Europe’s largest network for sustainable building. A non-profit organisation based in Stuttgart, Germany, the DGNB has been promoting demonstrably high-quality buildings, liveable neighbourhoods and, in short, a sustainable built environment since it was founded in 2007. The aim is to move the construction and real estate market towards a corresponding understanding of quality as the basis for responsible, sustainable action.
For further information please visit: www.dgnb.de
About DIE Deutsche Immobilien Entwicklungs AG
With a project volume of around EUR 2.5 billion (as of August 2023), DIE Deutsche Immobilien Entwicklungs AG (DIEAG) is one of the leading real estate project developers and asset managers in the German-speaking region. Founded in 2015, DIEAG stands for holistically designed and implemented real estate projects and focuses on the development of large-scale residential and commercial properties for sale to institutional clients worldwide with the aim of long-term portfolio management. DIEAG is committed to sustainable investment strategies in the interests of responsible corporate governance in accordance with ESG guidelines.
For further information please visit: www.die.ag