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Corporate Sustainability Reporting Directive (CSRD)

Corporate Sustainability Reporting Directive (CSRD)

Large public-interest companies in the EU have been required for several years to report on their sustainability measures under the Non-Financial Reporting Directive (NFRD). This reporting obligation is being progressively expanded under the Corporate Sustainability Reporting Directive (CSRD), to be fully implemented by 2028. The CSRD is a cornerstone of the European Green Deal and, according to Germany's Federal Ministry of Labour and Social Affairs, will apply to approximately 49,000 large and high-revenue companies in the EU. The directive aims to make corporate contributions to environmental and social issues more transparent while establishing standardized, comparable European benchmarks.

A key feature of the CSRD is the principle of double materiality: companies must document not only the impact of their activities on the environment and society (inside-out perspective) but also how sustainability factors affect the company itself (outside-in perspective). Reports must be submitted in a standardized electronic format.

In building operations, the CSRD places increased and mandatory emphasis on measures to improve energy efficiency and reduce CO2 emissions. This necessitates the centralized consolidation and exchange of data from various sources, often facilitated through cloud platforms. The directive provides investors and other stakeholders with enhanced data for assessing corporate responsibility, aligning business practices with sustainability goals.

Erfolgsgeschichten

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Viega Headquarter - BA17

As a high-quality family business and one of the market-leading manufacturers of drinking water systems, Viega GmbH & Co. KG also considers itself a pioneer for digital and sustainable building management in its own office buildings. Built in 2014, the BA17 building in Attendorn, North Rhine-Westphalia, combines state-of-the-art premises with high-quality technical equipment and meets the highest standards in terms of energy efficiency and comfort.

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Ettlinger Tor

As one of the largest inner-city shopping centers in Southern Germany, the Ettlinger Tor shopping gallery is the „beating heart“ of Karlsruhe. Spanning three levels beneath its impressive 150-meter-long glass dome, the gallery hosts approximately 130 specialty shops alongside various restaurants, cafes, and bars, inviting visitors to stroll and linger. In addition to an attractive mix of sectors and tenants and a spacious, bright ambience, the prestigious property managed by the ECE Group is considered a pioneer in terms of energy efficiency and quality of stay.

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I/D Cologne A2

I/D Cologne is Cologne‘s new fashionable district. On a total of seven hectares of a former freight station, modern work meets relaxed living. With its modern building infrastructure, the lively Veedel combines various types of use in the office, hotel, gastronomy and fitness areas. Especially in I/D Cologne A2, owner BNP Paribas Real Estate Investment Management Germany GmbH and operator Sauter FM GmbH meet the challenges arising during operation with an open, modern cloud solution from aedifion.

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