Vonovia Wins Top Spot in ESG Rating of European Real Estate Companies
- Top result in ESG Risk Rating at Sustainalytics
- Further improvement in ESG DAX expected
Bochum, Germany, September 3, 2020 – Vonovia has earned the top spot in a recent sustainability ranking of European real estate companies undertaken by Sustainalytics. Sustainalytics, a leading research, rating and data company for environmental, social and governance-related issues (ESG rating) announced the top spot was going to Vonovia SE.
In the global ranking, Vonovia is in fourth place in the “real estate” category out of 917 real estate companies and in 17th place overall out of the 12,500 companies rated by Sustainalytics.
Rolf Buch, Chief Executive Officer of Vonovia: “We are very happy about this result. This positive ESG rating underlines our conviction that sustainability and economic success are inseparable. Alongside demographic change and the housing shortage, climate change is one of the central challenges that we must find solutions for. We feel vindicated in our determination to continue firmly anchoring the issue of sustainability within the company and to live up to our social responsibility.”
The Sustainalytics ESG Risk Rating focuses on sustainability risks that could have material consequences for companies. This result is very positive for Vonovia – the report classifies the financial risk from ESG factors for Vonovia as “negligible.” Vonovia also achieved excellent ratings in the categories “Corporate Governance,” “ESG Integration – Financials” and “Business Ethics.” Vonovia is expecting an improvement in its DAX ESG rating, which incorporates the Sustainalytics ESG assessment.
Further information can be found at www.sustainalytics.com
The sustainability report can be found online at:
2020/2021 Financial Calendar:
October 1, 2020: “Outlook for climate-neutral living” (Perspektiven klimaneutralen Wohnens) conference, both in digital form and on the EUREF Campus in Berlin
November 4, 2020: Interim Statement for the first nine months of 2020
March 4, 2021: Annual Report 2020