Sustainability Committee

Sustainability in close cooperation with the individual divisions

The Sustainability Committee, which was established back in 2012, serves as Aareal Bank Group's central management body for sustainable development. It provides the platform for ongoing development of the sustainability programme and for coordinating enterprise-wide sustainability activities. It is composed of representatives from Strategy, Portfolio Management & Controlling, Sales, Credit Management, Risk Management, Workout, Housing Industry, Investor Relations, Finance, Treasury, Compliance, Human Resources, Facility Management, Purchasing and Corporate Communications, as well as Aareon AG's Sustainability Officer.

The Sustainability Committee meets regularly once a quarter and on an ad hoc basis in special cases, and is chaired by the Group Sustainability Officer. It serves as a discussion and advisory body and performs the following key tasks:

  • Continuous enhancement of the sustainability programme,
  • Coordination of overarching sustainability activities among the different divisions within Aareal Bank Group’s organisations,
  • Discussion of sustainability trends and stakeholder requirements/expectations and corresponding updates to the materiality matrix,
  • Development of proposals for enhancing the sustainability mission statement and sustainability management,
  • Intra-year implementation in the various divisions of the measures resolved in the sustainability programme and monitoring of target achievement by Committee members.

The Sustainability Committee is composed of representatives from Strategy, Portfolio Management & Controlling, Sales, Credit Management, Risk Management, Workout, Housing Industry, Investor Relations, Finance, Treasury, Compliance, Human Resources, Facility Management, Purchasing and Corporate Communications.