Climate protection and the energy transition, demographic change and digitalisation are tasks for society as a whole that have a strong interdependency with our business activities. Through our measures to improve energy efficiency and reduce CO2 emissions, we are helping to protect the environment and meet climate targets. Our long-term goal is to develop and manage a nearly climate-neutral residential portfolio*. Our measures focus on areas of the building shell that we can influence, and on generating heating energy.
This includes, in particular, the renovation of heating systems and exploiting options for more efficient system controls. We always strive to achieve the best possible cost-benefit ratio. After all, ecological measures have economic consequences for our tenants. Our subsidiary Energie Wohnen Service GmbH supplies a large part of our tenants with energy.
Sustainable resource management has a positive effect on the environment and economic benefits for TAG and our tenants. That is why we promote the responsible use of resources in our company along the value chain. Business processes are regularly evaluated from the point of view of resource conservation and are adjusted if necessary.
In our supply chain we focus on a long-term, trusting partnership. In addition to our business model, our requirements for fair and reliable business practices are summarized in our business partner codex.
*Our CO₂ reduction pathway, setting out our targets up to 2045 and the planned measures, is set out in the section on our decarbonisation strategy and, in greater detail, in our sustainability report.