Commerz Real has appointed Volker Höntsch as head of sustainability since 1 May 2019.
Höntsch has more than ten years' experience as an expert for sustainability and corporate responsibility. Most recently he was group sustainability and reporting manager at Informa.
According to Andreas Muschter, chairman of the Board of Management of Commerz Real, alongside Industry 4.0, the responsible use of the world's precious resources is the dominant topic of our age.
"As a specialist for fixed assets we have the opportunity, and also the responsibility, to make a significant contribution to sustainability, and we will implement this swiftly under the management of an internationally experienced specialist of the calibre of Volker Höntsch," Muschter said.
For example, Commerz Real intends to consider and report the performance of its current and future investments more accurately than previously under ESG criteria. "For this purpose, the progressive digitisation of our processes and business models will act as a catalyst," continues Muschter.
This means in the medium term, for example, being in a position to deliver all the relevant data on the sustainability of real estate and having already implemented measures to bring about a significant reduction in heating energy, electricity consumption, carbon dioxide emissions and water consumption.
"The majority of companies and, thus also users, of our properties will have to provide significantly more non-financial information and data in the future," added Höntsch.
"In this regard many companies would like to see specific solutions that allow them to concentrate on their core business." In addition, the company intends to intensify and extend its activities in the social and governance fields.
"As a company we will also devote more attention to these components in the future so that we also take the changing needs of our employees, for instance in terms of working conditions and social economic activity, into account to a greater degree in the future," said Muschter.