From improving the quality of the stay and indoor air to designing barrier-free accessibility and promoting sustainable mobility: sustainability aspects play an important role in the visitor experience in the centers. For example, we aim to significantly reduce our CO2 emissions in the shopping center sector by 40 percent by 2030 compared with 2019.
With a smartly planned ESG strategy and sustainable facility management, our centers are continuously becoming more efficient within the maintenance cycles. By using our "ECE map2zero", our shopping centers can become climate-neutral. We are not focusing on a few "best in class" properties, but would like to lead the entire portfolio on a climate path toward climate neutrality.
"Climate neutrality can also work in shopping centers. To this end, we have developed a tailored roadmap that shows measures for the most efficient path to climate neutrality. But measures that can be implemented in the short term, such as those to increase energy efficiency or promote sustainable mobility, also play a central role in the further development of our centers."
Supplying real estate with renewable energy is an essential component in achieving climate targets. We therefore included the topic in our strategy for new developments more than a decade ago. In the case of photovoltaic systems, the biggest obstacle - also for existing properties - was the legal regulations. Our efforts in Berlin have also set things in motion here. We have therefore developed a strategy on how photovoltaic systems can be further integrated into the portfolio. We are gradually implementing this strategy.
In order to rapidly reduce CO2 emissions in our centers, the first measure we took ten years ago was to switch from conventional electricity to green electricity. Today, we use 100% green electricity in our centers throughout Germany and have thus already been able to significantly reduce our CO2 emissions. In addition, the key is to move away from fossil fuels such as gas. Today, 80% of our German centers are equipped with district heating. We have the GEG (Building Energy Act) firmly in our sights and are working on solutions to convert gas-powered centers to other technologies. Switching from natural gas to district heating can save a whopping 90 percent of the CO2 emissions caused by heat consumption in the center.
Our center roofs are also becoming green, as more and more centers are making sensible use of the space for greater sustainability. For example, Frankfurt residents can rent and plant their own garden box on the roof of Skyline Plaza under the motto "Skyline Gardening". Additional insect hotels and a 50 m² wildflower meadow are used to attract bees and contribute to biodiversity in the city. Honey bee colonies have also moved into other centers in recent years. They found their new home in bee-friendly planted quarters surrounded by a species-appropriate catchment area. One highlight: visitors can gain an insight into the world of honey bees thanks to free guided tours by beekeepers.
Our shopping centers are more than just retail space. Lighting concepts that are sustainable from an energy point of view and promote a feel-good atmosphere in the center ensure optimum quality of stay. Windows, glass fronts and domes provide plenty of daylight. Complemented by dimmable LED luminaires, brightness and light color can be adapted to daylight. Lounge areas and children's play areas invite visitors to linger. WLAN and cell phone charging stations ensure easy accessibility. All materials used are certified with regard to their harmlessness to harmful substances. Community shopping under ideal conditions thus becomes the standard. Experiences such as a visit to a restaurant are made possible for the whole community thanks to the barrier-free centers.
We not only make an important contribution in the "Environmental" area, but also in the "Social" area. We have long been using the centers we operate as social hubs with educational, awareness and health offerings as well as social campaigns, for example as part of the "Center with a Heart" campaign. We are also working on making social impact measurable.
As part of the "Centers with Heart" initiative, we are committed to social and sustainable developments and invest a seven-figure sum per year across all centers in corresponding activities and cooperations in the respective catchment areas of the shopping centers we operate. Authentic and effective commitment is particularly important to us.
In order to be prepared for the upcoming requirements of a social taxonomy, for which the EU published a possible structure in February 2022, we supported the initiative of the Institute for Corporate Governance (ICG) in 2022/2023 to have the European Business School (EBS) develop a proposal for a scoring model. The scoring model is the first attempt to make the social impact of real estate specifically measurable and comparable. As part of an evaluation in 2024, we tested the new scoring model using the example of several centers and are now deriving a new social impact strategy with measurable KPIs. Initial results show that malls in particular have a particularly positive social impact in many cases.