Our contribution to climate action & environmental protection
1. Optimise business processes
2. Reduce emissions
3. Mitigate impacts on the environment
With this step, we also live up to our responsibility towards our stakeholders who demand greater resource efficiency and environmental management which goes beyond what the law prescribes.
to halve emissions.
to achieve net-zero emissions.
To comply with disclosure requirements and drive forward our ESG (Environmental, Social and Governance) communication with stakeholders, there is a growing need to analyse financial climate-based risks for real estate to technically adapt the buildings accordingly.
Within the context of our FIEGE Faro pilot, we conducted a climate risk assessment for the first time. The aim of the analysis is to quantify potential impacts of physical climate risks on the value of a property investment.
FIEGE Faro is a pilot focusing on the realisation of a sustainable logistics building which will qualify as both climate positive while in operation, as well as climate-optimised during construction.
And how can we positively manage this impact? In Dieburg, for example, we re-naturalised a boundary ditch, created a copse on an area of over 5,000 m² with some 250 trees, set up 35 nesting boxes for kestrels, songbirds and bats and built a roughly 4,000 m²-large retention basin for rainwater.
including a comprehensive list of measures help us to continuously reduce emissions.
Emissions can be quantified and identified at customer level
Creation of a sustainability network to put viable measures into practice across the entire FIEGE Group
In the future, we will build data capturing processes in order to transparently identify Scope 1 and Scope 2 emissions, but also Scope 3 emissions
By 2024, further locations are to be DIN EN IS14001-certified, thus creating international environmental standards across the entire Fiege Group. In the context of our international expansion, we also strive to achieve the respective standards for our new locations
In the future, we want to analyse and reduce the impacts of our activities on the biological diversity.
For 2023 it is planned to officially join the SBTi by signing the Commitment Letter.
WaCo is an acronym for Waste and Control. Yet we do not consider waste something to be disposed of, but rather as a residual material with raw material potential for the reusable material cycle. Control in this case stands for the careful examination but also management of input and output.
We focus on quality standards such as DGNB, LEED, BREEAM or WELL Building which facilitate, amongst other things, a lower energy consumption of portfolio properties.
Processing the waste management of our locations through our WasteControl unit
Collaborating with companies and clients to improve recycling management and establish new circular processes
Working in unison with our suppliers to minimise our consumption of resources
Analysing and using materials for new buildings that have a low impact on the environment and the climate and a high level of circularity
Complete processing of all waste material movements within our company as a recognised service provider across all business units
Data-driven company (including, but not limited to: monitoring and liaising with environmental authorities, waste material footprint, on-demand benchmark systems, Big Data approach)
Customer Service Initiative (including, but not limited to: communication, creating structured FAQs, WaCo Recycling app, digital waste wizard, e.g., chat offer for clients on homepage)
Detailed information, figures and content on all fields of action can be found in the full Sustainability Report 2022.