SBM-3 – Material Impacts, Risks and Opportunities and Their Interaction with Strategy and Business Model
Mapping of IROs to Subtopics
Mapping of IROs to Subtopics | ||||||||
Material subtopic | IRO title | Risk/opportunity/impact (actual/potential; positive/negative) | Time horizons: (S)hort-, (M)edium-, (L)ong-term | Value chain: (U)pstream (O)wn operations (D)ownstream | ||||
ESRS E1 – Climate Change | ||||||||
Climate change mitigation | Contribution to the global increase in greenhouse gas emissions | Impact (actual/negative) | S, M, L | U, O, D | ||||
Earnings potential through investments in modernization, heat pump cubes, serial refurbishment and PV expansion | Opportunity | M, L | U, O, D | |||||
Climate change adaption | Contributing to negative effects of climate change through new construction and densification | Impact (actual/negative) | M, L | O, D | ||||
Contribution to urban climate resilience through climate change adaptation measures in the portfolio | Impact (actual/positive) | M, L | O, D | |||||
E5 – Resource Use and Circular Economy | ||||||||
Resources inflows, including resource use | Contribution to resource consumption | Impact (actual/negative) | S, M, L | U | ||||
ESRS S1 – Own Workforce | ||||||||
Working conditions | Employee satisfaction due to fair remuneration | Impact (actual/positive) | S | O | ||||
Employee satisfaction based on work-life balance | Impact (actual/positive) | S | O | |||||
Employee satisfaction through opportunities for participation | Impact (actual/positive) | S | O | |||||
Lower employee turnover and targeted recruitment of skilled workers through working conditions that are tailored to the needs of employees and the company | Opportunity | M | O | |||||
Equal treatment | Lack of a sense of belonging due to insufficient promotion of diversity | Impact (actual/negative) | M | O | ||||
Employee satisfaction through professional development opportunities | Impact (actual/positive) | S | O | |||||
ESRS S4 Consumers and End-Users | ||||||||
Social inclusion of consumers and/or end-users | Contribution to affordable homes | Impact (actual/positive) | S | O | ||||
Housing tailored to tenants’ needs | Impact (actual/positive) | S | O, D | |||||
Influence of accessibility and service quality on customer satisfaction | Impact (actual/positive) | S | O | |||||
Increased quality of living for tenants through contribution to neighborhood development and infrastructure | Impact (actual/positive) | S | O, D | |||||
ESRS G1 – Business Conduct | ||||||||
Corporate culture | Positive impacts on employees through the Code of Conduct and the development of a corresponding corporate culture | Impact (actual/positive) | S | O | ||||
Corruption and bribery | Violations of applicable bribery and corruption regulations undermine the confidence of relevant stakeholders in the integrity of the company | Impact (actual/negative) | M | O | ||||