'The future is changeable': DIC Asset AG publishes its 2022 Sustainability Report, once again demonstrating its sustainable excellence

„The future is changeable“: DIC Asset AG publishes its 2022 Sustainability Report, once again demonstrating its sustainable excellence

• DIC remains on track in the implementation of its ESG strategy
• Greenhouse gas emissions per square metre in the Commercial Portfolio drop by 26%
• Once again top scores in sustainability ratings 
   

Frankfurt am Main, 22 May 2023. DIC Asset AG (“DIC”), ISIN: DE000A1X3XX4, one of Germany’s leading listed property companies, published its sustainability report for the year 2022 today. In its report titled “The future is changeable,” DIC moves ESG orientation even further into focus, detailing the progress made in achieving all of the ESG targets the company set itself in 2021. For one thing, DIC managed to lower the carbon emissions of its portfolio properties (Commercial Portfolio) by 26% when compared to the base year of 2018. By 2030, DIC intends to have cut emissions by 40%. On top of that, DIC met or even exceeded its target of a 31% green-building share among its portfolio properties well ahead of time. Originally, the target had been a 20% share by the end of 2023.

Sustainable Excellence
Aligning its corporate conduct with the ESG criteria has already been part of DIC’s explicit mission statement for more than ten years now. This year as in previous years, DIC was commended for its efforts by getting top scores in internationally recognised sustainability ratings. For the first time, DIC also hired an independent auditor to review the ESG targets identified in the Sustainability Report 2022 and the degree to which they were achieved.

The Sustainability Report was prepared according to the guidelines of the Global Reporting Initiative (GRI standards) and is available at https://www.dic-asset.de/en/sustainability/ for downloading. A separate report in accordance with the ESG requirements of the European Public Real Estate Association (EPRA sBPR) is also available as download on the same site.

About DIC Asset AG:
DIC Asset AG is Germany’s leading listed specialist for office and logistics real estate with 25 years of experience on the real estate market and access to a broad-based network of investors. Our business is based on a regional and inter-regional real estate platform with nine offices on the ground in all major German markets (with VIB Vermögen AG included). We currently manage a total of 357 assets with a combined market value of EUR 14.1 billion on site, always close to our properties and their occupiers.

The Commercial Portfolio segment comprises real estate held for our own account. Here, we generate steady cash flows from stable rent revenues on long-term leases while also optimising the value of our portfolio assets through active management, and realising gains from sales.

In the Institutional Business segment, we earn recurrent fees from real estate services we provide to national and international institutional investors by structuring and managing investment products that return attractive dividend yields.

DIC Asset AG has been SDAX-listed since June 2006.

For more details, go to www.dic-asset.de/en.
 

IR Contact DIC Asset AG:
Peer Schlinkmann
Head of Investor Relations & Corporate Communications
Neue Mainzer Strasse 20
D-60311 Frankfurt am Main
Phone +49 69 9454858-1492
ir@dic-asset.de