LEG Immobilien : Sustainability Report 2020

The value

of living

Sustainability Report

2	Table of contents	LEG IMMOBILIEN SE Sustainability Report 2020

Table of contents

1

AT A GLANCE

04  About this report

05  Foreword by the Management Board 07  LEG in figures

08  Company profile

09  Managing sustainability efficiently and reliably

13  Environment, Social, Governance - our sustainability strategy

2	3	4
BUSINESS MANAGEMENT	TENANTS AREA	EMPLOYEES AREA
AREA OF ACTION	OF ACTION	OF ACTION
Doing business fairly and responsibly	Satisfaction and safety for the tenants	Responsibility for the employees
17  Compliance - Good governance and	21  Customer focus as the basis for	27  LEG offers a wide variety of employment
compliance	LEG's success	relationships and training opportunities
18  Compliance management system	21  Systematic management of tenant	27  HR Strategy 2025 sets framework for
manages goals and measures	services and safety	sustainable HR management
20  Transparency in all business processes	24  Innovative services and programmes	30  Employee health and safety
20  General statement on respecting	within neighbourhoods
human rights	26  Fair and affordable rent

5

ENVIRONMENT AREA

OF ACTION

Protecting the environment and climate

34  Focus on energy efficiency and emissions reduction in our residential portfolio

34  Investment programme for energy modernisation

35  Making good progress toward target attainment

36  Protecting the environment and climate - taking the next step

6

SOCIETY AREA

OF ACTION

Responsibility for society

39  Strengthening social cohesion within neighbourhoods

40  Neighbourhood management promotes local integration

41  Dedication to liveable neighbourhoods

7	8
KEY FACTS	FURTHER
INFORMATION
45  Recommendations from the Task Force on	76  Contact details and imprint
Climate-related Financial Disclosures (TCFD)

47  Key facts

58  GRI Content Index

65  EPRA Reporting: General Recommen­

dations and Performance Report 69  EPRA Sustainability Performance

Measures

3	LEG IMMOBILIEN SE Sustainability Report 2020

AT A GLANCE

04  About this report

05  Foreword by the Management Boards

07  LEG in figures 08  Company profile

09  Managing sustainability efficiently and reliably

13  Environment, Social, Governance - our sustainability strategy

4	About this report	LEG IMMOBILIEN SE Sustainability Report 2020

About this report

LEG published its 2020 sustainability report at the following web address on 11 May 2021:   www.leg-wohnen.de/en/corporation/sustainability/sustainability-reports- for sustainability reasons, it was published exclusively in digital format. Also, for the first time we have published a separate non-financialreport in the 2020 annual report   non-financial report, which has been audited with limited assurance. These changing reporting structures reflect the growing significance of sustainability issues.

Unless indicated otherwise, the content of the 2020 sustainability report relates to the LEG Group as a whole, i. e. all consolidated companies as per the 2020 consolidated financial statements (a comprehensive list of the consolidated companies can be found in the   2020 annual report in the notes under "List of shareholdings"). GRI 102-45

The reporting period is the 2020 financial year and runs from 1 January 2020 to 31 December 2020. GRI 102-50

This sustainability report has been prepared in accordance with the GRI Standards: Core option. GRI 102-54 We also complied with the supplemental G4 Construction and Real Estate Sector Disclosures (CRE) specific to the property industry.

For this separate non-financial Group report, we used the GRI Standards as a guide, in particular also for carrying out the materiality assessment and in defining policies.

In addition to GRI Standards, the report was prepared taking into account the third edition of the Best Practices Recommendations on Sustainability Reporting of the European Public Real Estate Association (EPRA) published in 2017. The EPRA Sustainability Performance Measures are listed in a separate table at the end of the report, as are the recommendations of the Task Force on Climate -relatedFinancial Disclosures (TCFD). > see page 45 f. For the first time, we are publishing a separate table on the requirements of the   Sustainability Accounting Standards Board (SASB) on the internet.

LEG reports on its sustainability activities every year. GRI 102-52

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5	Foreword by the Management Board	LEG IMMOBILIEN SE Sustainability Report 2020

Foreword by the Management Board

Lars von Lackum (CEO)

Dr Volker Wiegel (COO)

THE MANAGEMENT BOARD OF LEG IMMOBILIEN SE IS

COMMITTED TO SUSTAINABILITY. LEG PAYS ATTENTION TO

ESG (ENVIRONMENT, SOCIAL, GOVERNANCE) CRITERIA.

THESE ARE BASED ON THE COMPANY'S ECONOMIC SUCCESS

AND HIGH CUSTOMER SATISFACTION.

Susanne Schröter-Crossan (CFO)