DIC Asset AG Establishes Guidelines for Sustainable Building Management

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by KnowESG
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One of Germany's largest publicly traded property companies, DIC Asset AG, has joined forces with four major facility management service providers, WISAG, SPIE, RGM/Gegenbauer, and Apleona, to address the issue of "green FM."

The standard list of services for facility managers will be expanded to include rules about how to run buildings in a way that is good for the environment.

Sonja Wärntges, CEO of DIC Asset, said: 

"Even in a complex world with many challenges, we do not compromise on sustainability and ESG. I am convinced that major players like us must take responsibility here and drive forward the reduction of CO2 emissions in buildings. Together with our key service providers, we have now defined standards that will take us a decisive step forward here. In our tradition as a responsible company, we are once again creating sustainable value for our customers, investors, and shareholders and for the environment."

The new contract standard will also be integrated into future tenders. By the end of the year, DIC thinks that the new framework will be used on about 62% of the assets in its own portfolio.

To meet its goal of cutting carbon emissions by 40% per square metre of floor space in its own portfolio by 2030, DIC has started several ESG projects in all of its business divisions.

Aside from getting renewable energy, developing the green building ratio, and putting in more green capital expenditures, it's important to make sure buildings are run in a sustainable way on-site by working with service providers and people who live there. 

The organisation will build bottom-up energy-saving plans based on data accumulated over the year and analysed to establish the consumption trend. The activities regarding the company's proprietary portfolio will be centrally coordinated by DIC.

Source: DIC Asset AG

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