BRIEF

on TAG Tegernsee Immobilien U. Beteiligungs AG (isin : DE0008303504)

TAG Immobilien AG Wins German Award for Sustainability Projects and Earns Top ESG Ranking

Stock price chart of TAG Tegernsee Immobilien U. Beteiligungs AG (EBR:TEG) showing fluctuations.

TAG Immobilien AG has been recognized among the winners of the German Award for Sustainability Projects, achieving high ranks in Sustainalytics' ESG rating. The award, presented by the German Institute for Service Quality and n-tv, honored TAG's 'Liveable neighbourhoods' project in the 'Non-profit initiative' category.

TAG has also been ranked among the top 10 out of over 16,000 companies worldwide by Sustainalytics. The company's efforts in creating liveable neighbourhoods include 27 meeting places for more than 28,000 residential units. These places aim to support children and young people in education, sport, music, and creativity, while also involving families and older individuals in local social life.

Claudia Hoyer, COO and Co-CEO of TAG, expressed gratitude for the award, emphasizing the holistic approach to sustainability in neighbourhoods. The latest ESG rating assigned by Sustainalytics placed TAG in the 'negligible ESG risk' category, ranking it second among real estate companies and ninth out of over 16,000 companies globally.

TAG aims to maintain transparency in its sustainable corporate development by participating in various ESG rating formats. Detailed information can be found on the company's website in the sustainability section.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all TAG Tegernsee Immobilien U. Beteiligungs AG news