German investor and asset manager Publity aims to manage at least 50% ESG-compliant buildings by 2030 and reach 100% in the long term.
Its ESG strategy for commercial real estate includes charging stations for electric cars, low-emission heating and cooling systems, the use of renewable energies, water and waste conservation, and green roofs and facades.
Domestic, sustainable and recycled materials are increasingly used for office furnishings, while property security, digitalization and social workplace design are also part of ESG orientation of properties.
Publity will also expand its business activities in the future to include ‘Green Advisory’ and provide clients with expertise in the ESG-compliant conversion of existing properties.
In addition, the asset manager plans to reduce its carbon footprint by 50% over the next few years, becoming completely climate neutral by 2030.
Stephan Kunath, CFO of Publity, commented: ‘As a manager of office properties in major German cities, we have a great responsibility for the environment and people. Climate change has long since become real. We therefore see it as necessary to drive forward the expansion of green office properties in order to maintain the quality of life in cities. In addition, the world of work has changed significantly in recent years, which is why we need to equip offices for the future, in a socially responsible manner and with high digital standards. This is also an essential part of our ESG strategy. Our repositioning as a green asset manager opens up new growth opportunities for us, especially in the international office property market.’
Publity is guided by the 17 sustainability goals of the UN and will sign the Net Zero Asset Manager Initiative that pledged to cease CO2 emissions by 2050 or earlier.
Its office properties have already received several high-profile international certifications for their outstanding ESG standards.