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Our Annual Report
Highlights and Achievements
Vonovia’s Climate Targets SBTi-approved
The Science-based Target initiative (SBTi) has validated our climate goals as science-based and aligned with the objectives of the Paris Climate Agreement
Climate Protection
Carbon intensity in our housing stock in Germany reduced from 33.0 kg to 31.7 kg CO2e/m²
PV Expansion
We have significantly increased the pace and capacity goal of our photovoltaics program
Primary Energy Demand of New Constructions
The average primary energy demand of our new constructions has been reduced to 25.3 kWh/sqm per year
Strategy for Sustainable Construction Developed
A sustainability strategy with 14 topic areas, broken down into specific requirements, has been developed
Integrated into Management and Remuneration
The KPIs for CO₂ reduction in the portfolio and primary energy demand in new constructions have been integrated into the management system and influence management remuneration through the Sustainability Performance Index (SPI)
Analysis of Climate Risks
We have developed a climate risk tool for analyzing physical climate risks
Heat Pump Installation
As part of our heat pump initiative, we have equipped more than 100 buildings in Dortmund with heat pumps
Outstanding Energy Efficiency Ratings in New Construction
More than 98% of new buildings completed in Germany have been awarded an energy efficiency rating of A or A+
Cooperation on Timber Construction
We are bolstering our expertise and capacities in modular wood construction through our strategic cooperation with GROPYUS AG
Vonovia’s Climate Targets SBTi-approved
The Science-based Target initiative (SBTi) has validated our climate goals as science-based and aligned with the objectives of the Paris Climate Agreement
Integrated into Management and Remuneration
The KPIs for CO₂ reduction in the portfolio and primary energy demand in new constructions have been integrated into the management system and influence management remuneration through the Sustainability Performance Index (SPI)
Climate Protection
Carbon intensity in our housing stock in Germany reduced from 33.0 kg to 31.7 kg CO2e/m²
Analysis of Climate Risks
We have developed a climate risk tool for analyzing physical climate risks
PV Expansion
We have significantly increased the pace and capacity goal of our photovoltaics program
Heat Pump Installation
As part of our heat pump initiative, we have equipped more than 100 buildings in Dortmund with heat pumps
Primary Energy Demand of New Constructions
The average primary energy demand of our new constructions has been reduced to 25.3 kWh/sqm per year
Outstanding Energy Efficiency Ratings in New Construction
More than 98% of new buildings completed in Germany have been awarded an energy efficiency rating of A or A+
Strategy for Sustainable Construction Developed
A sustainability strategy with 14 topic areas, broken down into specific requirements, has been developed
Cooperation on Timber Construction
We are bolstering our expertise and capacities in modular wood construction through our strategic cooperation with GROPYUS AG
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Environmental and Climate Protection of Great Significance
The mitigation of global warming and the protection of natural resources for life on Earth are among the most crucial challenges facing society as a whole in our time. Therefore, environmental and climate protection is accorded paramount importance within our sustainability strategy.
Targets set at the international level, such as the Paris Agreement and the European Union Green Deal, as well as those established at the national level, such as the German Federal Government's goal to achieve climate neutrality by 2045, hold high significance for Vonovia in this regard.
Links
- Click here to access the ESG Factbook 2023
- Click here to view our ESG ratings
- Here you can find information about our implementation of the TCFD recommendations
- Click here to view our latest Annual Report