Announcement

TAG Immobilien AG publishes 2017 Sustainability Report and Annual Report

DGAP-News: TAG Immobilien AG / Key word(s): Sustainability/Final Results22.03.2018 / 07:00 The issuer

TAG Immobilien AG publishes 2017 Sustainability Report and Annual Report

DGAP-News: TAG Immobilien AG / Key word(s): Sustainability/Final Results

22.03.2018 / 07:00
The issuer is solely responsible for the content of this announcement.



PRESS RELEASE

 

TAG Immobilien AG publishes 2017 Sustainability Report and Annual Report

- Sustainability report follows Global Reporting Initiative (GRI SRS) guidelines for the first time

- Increased transparency of Group-wide sustainability activities

- Annual Report 2017, published simultaneously, confirms financials of the past financial year as communicated on 22 February 2018

Hamburg (22 March 2018) - TAG Immobilien AG published its first stand-alone, already GRI-certified Sustainability Report today. The new report explains the strategies pursued for key aspects in the areas of business/economy, ecology, and social sustainability. The report supplements the Group's financial reporting by covering material non-financial aspects of its sustainable business development for the 2017 reporting year.

Claudia Hoyer, CEO of TAG Immobilien AG, refers to the company's sustainability strategy: "To safeguard our long-term business success, we take an integrative, holistic view of sustainability aspects along the entire value chain. Our economic success forms the basis of our ecological and social engagement." She adds: "Thanks to the close integration of the three sustainability areas, positive effects arise at all levels, and this is reflected in our economic success as well."

Sustainability is deeply relevant for TAG as a long-term manager of residential real estate, and implies a special responsibility. With the present report, TAG puts its annual Sustainability Reporting on a broader footing, and for the first time follows the internationally recognized guidelines of the Global Reporting Initiative (GRI SRS). The idea of ​​sustainability, which was previously put into practice especially in social projects, has by now become a recurring theme throughout all of the company's divisions and departments.

Detailed reporting significantly increases transparency regarding all of TAG's sustainability activities. This report is the first step in this direction. Beyond reinforcing and continuing the initiated measures, the idea is to further expand our reporting - especially on ecological aspects - using the database created, and to intensify our sustainability management.

The Sustainability Report 2017 is available for download at the following link:

https://www.tag-ag.com/en/investor-relations/financial-statements/sustainability-reports/

The Annual Report 2017, which was also published today and confirms the results exactly as communicated on 22 February 2018, can be downloaded at:

https://www.tag-ag.com/en/investor-relations/financial-statements/annual-reports/ .

 

About TAG Immobilien AG

TAG Immobilien AG an MDAX-listed company with a more than 125-year history. Its primary locations are in the Greater Hamburg and Berlin areas, the Salzgitter region, as well as Thuringia / Saxony and North Rhine-Westphalia. TAG currently manages nearly 83,000 dwellings and the associated commercial areas, garages and parking spaces. The company's goal is to improve the quality of housing for its tenants. In line with this, TAG adapts its holdings to modern living needs to, gets involved in the communities of its residential quarters, and promotes a good neighbourhood spirit. The Group continually reduces vacancy and increasing the value of its total portfolio through prudent management of its properties and a future-oriented/forward-looking development of its overall portfolio.

 

Press enquiries

RUECKERCONSULT GmbH
Lutz Ackermann
Mitglied der Geschäftsleitung
Tel. + 49 (0) 30 2844987 66
Fax +49 (0) 30 2844987 99
ackermann@rueckerconsult.de

TAG Immobilien AG
Dominique Mann
Head of Investor & Public Relations
Tel. +49 (0) 40 380 32 300
Fax +49 (0) 40 380 32 388
pr@tag-ag.com

 

 



22.03.2018 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Language: English
Company: TAG Immobilien AG
Steckelhörn 5
20457 Hamburg
Germany
Phone: 040 380 32 0
Fax: 040 380 32 388
E-mail: ir@tag-ag.com
Internet: www.tag-ag.com
ISIN: DE0008303504, XS0954227210, DE000A12T101
WKN: 830350, A1TNFU, A12T10
Indices: MDAX
Listed: Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange


 
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