Our Road Map
GRI
103-2
Vonovia has launched a sustainability road map for the structured implementation of its sustainability efforts. The topics of climate change and a climate-neutral portfolio (E) as well as the action areas of social responsibility (S) and governance (G) are of particular importance.
Sustainability Road Map
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Our aim |
Our goals |
Year |
Status |
What we achieved in 2021 |
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Environment and Climate |
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Carbon reduction in the property portfolio/energy-efficient modernization |
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For the existing buildings in our portfolio, we aim to reduce carbon intensity annually and achieve a climate-neutral building portfolio by 2045. |
Reduction of carbon intensity to <25 kg CO₂e/m² (in Germany) |
2030 |
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Reduction of carbon intensity to 38.4 kg CO₂e/m² of rentable area (in Germany) |
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Implementation of climate path in Germany (carbon intensity) and expansion to Sweden and Austria |
2022 |
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New scientific climate path for Germany developed with binding annual interim targets |
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Maintain refurbishment rate (in Germany) at around 3% on average |
Ongoing |
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2.3% refurbishment rate achieved (in Germany) |
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Projection 2.0%–2.5% |
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Renewable energies and energy mix |
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We are pushing the expansion of renewable energy generation in our neighborhoods. |
Install photovoltaic systems on 17,000 roofs with a total output of > 200 MWp |
2030 |
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The number of turbines increased from 424 (output: 15.9 MWp) to 451 (output 16.8 MWp) |
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2022 target: 24.4 MWp |
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We provide future-fit mobility concepts in our neighborhoods. |
Gradual expansion of charging infrastructure in our neighborhoods |
2030 |
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Investment in the development and expansion of public charging stations for electromobility |
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Electric vehicles made available within the framework of car sharing schemes |
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Sustainable Construction and Development |
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Sustainable construction and refurbishment |
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In construction and conversion projects, we pay attention to optimized energy efficiency and environmentally conscious construction methods. |
Reduction in average primary energy demand for new buildings to 31 kWh/m² |
2025 |
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Average primary energy demand of new buildings of 338.6 kWh/m² in 2021 |
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90% of new buildings completed in Germany in 2021 in energy class A/A+ (≤ 50 kWh/m²) |
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Society and Contribution to Urban Development |
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Community development and contribution to infrastructure |
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We carry out neighborhood development projects with cities and municipalities with the aim of improving infrastructure and social cohesion. |
Holistic orientation of future community development projects while taking into account our climate protection goals |
Ongoing |
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15 community development projects with around 8,600 residential units under implementation |
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€ 61.6 million invested for community development |
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Project management at a neighborhood level in progress |
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Funding framework and social projects expanded despite pandemic (around € 1.5 million invested) |
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Homes and Customers |
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Living at fair prices |
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We offer everyone a chance to have a home at a fair price. |
Keep modernization affordable: The voluntary commitment to limit the allocation of modernization costs to € 2/m² will be largely retained |
Ongoing |
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Hardship management scheme continued successfully |
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654 positive decisions reached out of 874 hardship cases; average allocation € 1.24/m² |
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Maintain special protection for people over 70 |
Ongoing |
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Over-70s arrangement to ensure affordable housing for tenants aged over 70 continued |
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161 positive decisions out of 316 requests |
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Homes that meet people’s needs and transformation due to demographic change |
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Every year, we modernize 30% of our newly rented apartments to meet the needs of an aging society. |
Proportion of new rentals in Germany that are barrier-free, (partially) modernized apartments: approx. 30% annually |
Annually |
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Proportion of new rentals that are barrier-free, (partially) modernized apartments: 30.0% achieved (10,070 apartments) |
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Customer satisfaction and service quality |
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We are continuously expanding our digital channels and offering extended accessibility. We regularly carry out customer satisfaction surveys. |
Keep customer satisfaction levels high |
2025 |
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4.5% increase in customer satisfaction (in Germany) |
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Improving the quality of communication and service by expanding the customer app with additional self-service functions |
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Corporate Culture and Employees |
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Attractiveness as an employer |
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We want to be perceived as an attractive, trustworthy and forward-looking employer. We regularly carry out employee surveys to improve our performance. |
Keep employee satisfaction levels high across the Group |
2025 |
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Group-wide survey performed in 2021 |
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Increase in employee satisfaction by 5 percentage points |
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Around 1,900 new recruits, despite and during the coronavirus pandemic |
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Training rate at 5.0% (in Germany) |
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Approach to diversity and equal opportunities |
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We make sure that we take active measures to support women and to open up opportunities for them to assume management and technical roles. |
Proportion of women in management positions at 29% |
2025 |
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Target for the proportion of women in management positions extended to the entire Group |
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Increase proportion of women in management positions by over 2 percentage points to 28% |
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Gender pay gap at management level* <4% |
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Corporate Governance and Responsible Business Practices |
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Governance and compliance |
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We are a trustworthy and reliable partner. It goes without saying that all of our employees comply with laws and regulations. |
Integrate sustainability into our management system |
Ongoing |
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Sustainability index (SPI) introduced and included in report for the first time in 2021 – with relevance for remuneration at board and management levels |
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2021 SPI target achievement of 109% |
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Continue to avoid misconduct through consistent preventative measures |
Ongoing |
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Whistleblowing hotline set up |
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Group-wide, web-based compliance risk analysis carried out |
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Development of a catalog of measures and expansion of the training catalog for compliance-related topics |
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Future Fitness and Capital Market |
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Appeal on the capital market |
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We are pursuing the goal of transparently presenting our sustainability performance to the capital market. One way we are doing this is by participating in relevant ESG ratings. |
In relevant ESG ratings we aim to maintain or improve our performance |
Ongoing |
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Good ESG rating performance in all relevant ratings |
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Green Bond Framework expanded: EU Taxonomy-aligned, including social bonds |
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Social & green bonds issued (March 2022) |
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- * Management level includes first and second management level below the Management Board.
Target achieved Under implementation