Non-financial Reports
Combined Sustainability Statement 2025
We report annually on sustainability topics that are material to our business. Our reporting is aligned with the requirements of the Corporate Sustainability Reporting Directive (CSRD) and the European Sustainability Reporting Standards (ESRS), which provide a harmonised EU‑wide basis for transparent and comparable sustainability disclosures. Our sustainability reporting also includes disclosures in accordance with the EU Taxonomy Regulation, which sets out a framework for environmentally sustainable economic activities.
Our combined sustainability statement forms part of Aareal Bank Group’s Management Report. It provides a structured overview of the sustainability topics relevant to our business, our overarching policies, as well as key actions, targets, and responsibilities within our organisation. Our full sustainability statement for the 2025 financial year is available here.
PCAF report on financed carbon emissions
By signing the ‘PCAF Commitment Letter’, Aareal Bank has committed itself to work together with other market participants to continuously improve CO2 transparency in the financial sector.
To this end, we regularly publish our PCAF report on financed CO2 emissions in the Commercial Real Estate Financing portfolio. In addition to an overall view of the carbon performance of the loan portfolio, this report also provides deeper insights into the carbon footprint and carbon intensity of individual building types and regions in Aareal Bank's loan portfolio. The consistent application of the PCAF Data Quality Scores defined by the PCAF standard also makes it possible to better assess the underlying data quality and make it more comparable with other market participants.
