Real I.S. strives to create and preserve value. This is why we take a clear position on sustainable development, which is characterized above all by the responsible use of resources and an active contribution to climate protection and decarbonization. By thinking ahead and acting with an eye to the future, we create value added for society and the environment – and for generations to come.
For us, ESG is not a nice-to-have, but a firm conviction.
In line with our ESG mission "We unite real estate and the future", we have established a mission statement for the dimensions of Environmental (E), Social (S) and Governance (G). This mission is developed on an ongoing basis in response to current developments and is binding on the entire Real I.S. team. Key goals of our strategic orientation: Real I.S. as a company (excluding the real estate portfolio) is to become climate-neutral by 2030, and the entire portfolio by 2050.
As part of the BayernLB Group, we endeavor to establish a uniform understanding of sustainability. Our sustainability and environmental policy forms the foundation of our sustainability management and, in particular, provides the framework for our ESG strategy.
Environment
- Adapting buildings to climate change
- Reducing climate emissions
- Reducing primary energy and water consumption
- Promoting a circular economy (materials/ raw materials, land)
- Preventing waste (construction/ reconstruction, operation)
- Ensuring less land construction and sealing
- Respecting the ecology of the site (biodiversity, soils, water)
- Promoting environmentally & urban friendly mobility/development concepts
Governance
- Ensuring a compliance culture and organization
- Applying recognized industry standards (e.g. UN PRI)
- Acting in accordance with ethical principles
- Creating transparency, managing conflicts of interest and objectives
- Cooperation and exchange (experience, data, standards)
- Factoring ESG criteria into investment decisions and risk management
Real I.S. clearly positions itself toward sustainably developing its corporate organization. This approach is also characterized by using existing resources responsibly, and thus also by the aspiration to create and preserve value in the interest of future generations.
All information pursuant to Art. 3, 4 and 5 of Regulation (EU) 2019/2088 on strategies for addressing sustainability risks, about the main adverse effects of investment decisions on sustainability factors, and the remuneration policy is available in the download area.
Sustainability related disclosures
Strategies for dealing with sustainability risks
We are rigorously implementing the EU Action Plan on Financing Sustainable Growth
Sustainable growth and climate neutrality are not possible without the financial industry. For this reason, the EU has drawn up an action plan whose goals we actively support.
1. Reorient capital flows
Redirecting capital flows into sustainable investments.
2. Risk management
Incorporating, controlling and pricing the financial risks arising from climate change, natural disasters, environmental degradation and social problems.
3. Sustainable economic activity
Promoting transparency and long-term thinking in the financial sector.
These goals then lead to the following fields of action:
- Embedding ESG criteria into decisions in the financial industry
- Developing a clear definition of ESG criteria – and thus a basis for sustainable corporate action
- Disclosure on the nature and degree of corporate sustainability based on the Disclosure and Taxonomy Regulation
We are rigorously implementing the EU Action Plan on Financing Sustainable Growth
Sustainable growth and climate neutrality are not possible without the financial industry. For this reason, the EU has drawn up an action plan whose goals we actively support.
1. Reorient capital flows
Redirecting capital flows into sustainable investments.
2. Risk management
Incorporating, controlling and pricing the financial risks arising from climate change, natural disasters, environmental degradation and social problems.
3. Sustainable economic activity
Promoting transparency and long-term thinking in the financial sector.
These goals then lead to the following fields of action:
- Embedding ESG criteria into decisions in the financial industry
- Developing a clear definition of ESG criteria – and thus a basis for sustainable corporate action
- Disclosure on the nature and degree of corporate sustainability based on the Disclosure and Taxonomy Regulation
By joining the Principles for Responsible Investment (UN PRI) investor initiative backed by the United Nations, we have reinforced our commitment to aligning Real I.S.'s corporate governance and fiduciary mission in a sustainable manner and to contributing to a sustainable international financial system.
Similar to BayernLB and its Group subsidiaries DKB and BayernInvest, Real I. S. has also signed up to the principles of the UN Global Compact. In doing so, we are sending a clear signal for respecting and promoting fundamental human rights, fair working conditions, fighting corruption and promoting sustainable development.
The ZIA Sustainability Code is a voluntary commitment by the German real estate industry. The Code sets out principles to which companies voluntarily commit and which are particularly relevant for sustainability positioning, i.e., anchoring sustainability into corporate value systems, structures and processes.
Real I.S. bears responsibility for liveable properties and neighbourhoods and is committed to the "Code for Social Impact Investing" of the Institute for Corporate Governance in the German Real Estate Industry (ICG). The Code represents the attitude and values of those who pursue social and societal goals in addition to ecological ones in the corporate context and in projects and who support the ICG in developing and implementing the right standards.
Sustainable action that already stacks up – now and today!
We started thinking and acting sustainably at an early stage, which is why Real I. S. has already delivered results: We manage a large number of certified properties in our portfolio and plan to certify more buildings. There are clear rules for our actions, and with the Scope rating we have been transparent for many years.
We started thinking and acting sustainably at an early stage. That's why Real I.S. can already show results today: We manage a large number of certified properties in our portfolio and plan to certify more buildings. There are clear rules for our actions and with the Scope rating we have been transparent for many years.
You can find concrete examples of how we implement our sustainability principles in our portfolio in our case studies.
Information in accordance with the German Supply Chain Act
The Act on Corporate Due Diligence in Supply Chains (German Supply Chain Act - Lieferkettensorgfaltspflichtengesetz, LkSG) obliges German companies to fulfil their global responsibility.
BayernLB has set up a complaints procedure in accordance with the section 8 of the German Supply Chain Act to enable it to draw attention to human rights and environmental risks and violations of human rights or environment-related obligations that have arisen as a result of the economic actions of an enterprise in its own business area or of a BayernLB's direct supplier.
Real I.S. has joined BayernLB's complaints procedure.