Performance Indicators

To demonstrate the importance of sustainability for our corporate activities, we integrated the Sustainability Performance Index (SPI), as a key non-financial control parameter, into Vonovia’s management and remuneration system for the Management Board and top management in the 2021 fiscal year.

The index comprises six sub-indicators based on the material sustainability topics at Vonovia. They are each included in the SPI, which is measured as a percentage, with different weightings.

We have provided a detailed description of the SPI in our Remuneration Report and in our Annual Report.

Composition of the Sustainability Performance Index (SPI)

Composition of the Sustainability Performance Index (SPI)

Indicator

Scope

Weighting

Unit

Value 2023

Value 2024

Change compared to previous year

Target 2030

Carbon intensity of the housing stock 1)

Germany

35%

kgCO2e/m²

31.7

31.2

–1.6%

< 25

Average primary energy demand of new constructions 2)

Group

10%

kWh/m²

25.3

22.0

–13.0%

< 25

Proportion of accessible (partially) modernized newly rented apartments

Germany

10%

%

17.5

29.5

12.0 ppts

approx. 27

Customer satisfaction (CSI)

Germany

20%

%

72.4

75.2

2.8 ppts

> 73

Employee satisfaction

Group

15%

%

78.0

79.0

1.0 ppts

≥ 77

Proportion of women in management positions 3)

Group

10%

%

24.2

25.8

1.6 ppts

≥ 30

SPI Total

%

111.0

104.2

–6.1

annually 100

  1. 1)Scope 1, Scope 2 (market-based) and Scope 3.3, based on final energy demand as per energy performance certificates, in some cases incl. specific CO2 factors from district heating suppliers.
  2. 2)Based on energy performance certificates, excl. commercial projects and floor additions.
  3. 3)First and second levels below the Management Board.