TAG Immobilien AG ranks among the TOP 5% of Systainalytics ESG-Risk-Rating in the Real Estate Sector
TAG Immobilien AG ranks among the TOP 5% of Systainalytics ESG-Risk-Rating in the Real Estate Sector - TAG Immobilien AG ranks 41st out of 905 Real Estate companies analysed worldwide - Report recognizes in particular TAG's strong Business Ethics and improvement across all five of the material ESG issues
Sustainalytics, a leading environmental, social and governance (ESG) research, ratings and data firm, published its latest ESG Risk Rating* on TAG Immobilien AG (TAG). The company was rated in the top 5% of all 905 Real Estate Sector companies analysed and in the 3rd percentile of the 12,000 companies assessed across all sectors. Verena Schulz, Sustainability Officer at TAG: "We are very proud of this strong ESG ranking. It positions TAG within the 5th percentile of all Real Estate Sector companies covered by Sustainalytics' ESG Risk Rating. We are very satisfied with the results of this assessment and are encouraged to keep on raising the bar to further accelerate the transition to sustainable residential management". The Sustainalytics report states that the company is at low risk of experiencing material financial impacts from ESG factors due to its strong management of material ESG issues. The company is recognized for its improvement across all five of the material ESG issues. According to the report, TAG's strongest areas of ESG risk management are its business ethics programs and its ESG Integration in Financials. SOCIETE GENERALE supported TAG within the ESG rating process. Further information on ESG topics at TAG can be found at https://www.tag-ag.com/en/sustainability. About TAG Immobilien AG Press enquiries: Dominique Mann
End of Media Release Issuer: TAG Immobilien AG Key word(s): Real estate 22.07.2020 Dissemination of a Press Release, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | TAG Immobilien AG |
Steckelhörn 5 | |
20457 Hamburg | |
Germany | |
Phone: | 040 380 32 0 |
Fax: | 040 380 32 388 |
E-mail: | ir@tag-ag.com |
Internet: | www.tag-ag.com |
ISIN: | DE0008303504 |
WKN: | 830350 |
Indices: | MDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard), Munich; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Stuttgart, Tradegate Exchange |
EQS News ID: | 1099199 |
End of News | DGAP Media |