Hamburg, 24 June 2024
TAG's diverse social and societal commitment to neighbourhood development honoured
A key aspect of good living is the creation of liveable neighbourhoods. As part of its neighbourhood development activities, TAG Immobilien AG is making a significant contribution to further improving the social environment. A total of 27 neighbourhood meeting places are now available for more than 28,000 residential units, or around a third of tenant households. The focus here is on supporting children and young people in the areas of education, sport, music and creativity, as well as involving families and integrating and involving older people in local social life. Examples include neighbourhood meetings for older people (‘Aktiv-Treffs’ and ‘
Sempers’) and the ‘
Jumpers’ children's and family centres.
TAG is thus tackling one of the greatest challenges of our time: affordable and intergenerationally fair living and housing. The award presented by the jury of the German Award for Sustainability Projects in June 2024 recognises this commitment.
Claudia Hoyer, COO and Co-CEO of TAG: ‘We are delighted that our holistic approach and our commitment to sustainability in our neighbourhoods have made us one of the winners of this year's German Award for Sustainability Projects. The award is a great compliment for all those who are committed to neighbourhood development and spurs us on to continue our commitment to liveable neighbourhoods with all our strength. A big thank you goes to our local teams.’
Internationally recognised ESG ratings confirm the success of TAG's commitment to sustainable corporate development
In the latest ESG rating published by Sustainalytics in May 2024, TAG was again classified in the best possible category ‘negligible ESG risk’. The score of 4.6 (previously: 6.9) puts TAG in second place out of more than 1,000 real estate companies and 9
th place out of more than 16,000 companies analysed worldwide.
In order to make its commitment to sustainable corporate development transparent, TAG participates in numerous ESG rating formats of various agencies. An overview of the current valuations is available on the Company's website in the sustainability section (
https://www.tag-ag.com/en/sustainability/esg-rating). The Sustainability Report 2023 can be found at
https://www.tag-ag.com/en/sustainability/reports-and-presentations.
Contact
TAG Immobilien AG
Dominique Mann
Head of Investor & Public Relations
Phone +49 (0) 40 380 32 305
ir@tag-ag.com