As a pioneer of climate-intelligent real estate management we aim to cut costs, make a clear contribution to resource conservation and climate protection, while also increasing comfort. Both in real estate and when adding value to our investments. Below we have compiled all the relevant information on these issues.
Our Commitment to Sustainability
We are committed to the climate targets set by the European Commission and the German federal government. That is why we want to make a clear contribution to the building sector, in both existing stock and new build.
To achieve this, as the noventic group we bring together companies and business models and develop new products and services designed to provide buildings with an optimised, economical energy supply. To do this, we focus on two factors. First comes consumption transparency, empowering users in both individual consumption behaviour and inventory management. Secondly there is the minimisation of energy consumption by networking that consumption with energy provision and intelligently linking the building's power supply with renewable energy sources.
That is how we aim to fulfil our ambition to be a pioneer of climate-intelligent real estate management. From development, procurement and production to the way our products and solutions function and operate.
Stephan Bause
CFO of the noventic group
Dr. Dirk Then
CEO of the noventic group
Background Facts
Our approach to a more sustainable housing industry
The climate-intelligent ecosystem
Supplying energy within apartment buildings is becoming individually and technically complex. This means that interoperable infrastructures are essential in order to reliably combine current and future applications and make buildings future-proof.
Our guiding principle: Climate. Intelligent. Life.
We are forging ahead with our vision of climate-intelligent real estate management within our company, our products and our services. In the process we take responsibility for societal issues while also seeking to ensure long-term economic success.
We have chosen the keywords "Climate", "Intelligent" and "Life" to define three focal points that make our sustainability aspirations measurable and controllable, with individual fields of action and associated goals and deadlines. Eight of the 17 United Nations Sustainable Development Goals (SDGs) are assigned to them, and we are making a direct commitment to their achievement.
The Paris Climate Agreement set out one of our social mandates at the highest level in 2015: To support energy-saving behaviour with the help of individual consumption transparency, i.e. climate protection in residential buildings. Ecological, economic and social necessities are also becoming increasingly intertwined in the residential sector – partly due to the growing digitalisation of properties and the influence of urbanisation and demographic change.
Development of a Group-wide sustainability strategy in 2020/2021
With the formulation of our Group-wide sustainability strategy in the 2020/2021 financial year, we have integrated the concept of sustainability into all areas of the company and activities. This reaffirms our ambition to meet the demands placed on us as a company and industry by the effects of climate change, digitalisation, urbanisation and demographic change.
Increasing energy efficiency in our customers' properties and reducing energy consumption, the resources used and, in particular, the emissions generated within the Group are priorities for us. With our product offerings and developments, we make a direct contribution to individual energy efficiency and living comfort in properties and their connection with the mobility and energy sectors.
We are aware of our responsibility towards employees, customers, shareholders and stakeholders. That is why we report transparently and measurably on our activities in the fields of sustainability, supply chain and human rights, as well as corporate governance.
We build on a network for open dialogue and reliable certification
We see ourselves as part of our industry and as a promoter of dialogue and cooperation therein. We are certain that collaborating closely with our partners will pave the way to a more sustainable future for the housing industry.
The noventic group's second DNK Report is now available. Once again, all departments involved and the Group's CSR Committee worked closely together to produce a wide-ranging report on the 2021/22 financial year complying with the standards of the German Sustainability Code (Deutscher Nachhaltigkeitskodex - DNK). We have had the formal completeness of the report checked and certified by the Office of the German Sustainability Code (Büro Deutscher Nachhaltigkeitskodex).
Experts and industry stakeholders alike agree that there is huge potential for energy savings in the existing building stock. However, without the professional housing industry the energy and heating transition cannot succeed. To date, though, real estate has lagged dramatically behind on the decarbonisation front, and much greater efforts will be needed to achieve the goal set by politicians of reducing all CO2 emissions to net zero by 2045 in Germany and by 2050 in Europe.