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Vonovia is a publicly listed company headquartered in Bochum, Germany. Vonovia is Germany's leading residential property management company. It currently owns around 550,000 residential units in cities and regions in Austria, Germany and Sweden. Vonovia also acquired the property management company Deutsche Wohnen in 2021.
Summary
Vonovia reports transparently on numerous sustainability topics. However, there is clear potential for the company to strengthen its performance in many areas. The company has exceeded its accessibility targets, with 32.4% of newly rented apartments in Germany meeting accessibility standards in 2022, well ahead of the company’s 10% goal for 2023. This sets a precedent for future accessibility improvements across its portfolio.
To improve its social performance, Vonovia should disclose its process for identifying and mitigating key human rights risks. Additionally, it can strengthen its commitment to free, prior, and informed consent principles by disclosing how it identifies and safeguards vulnerable tenure rights holders.
While Vonovia recognises the importance of preserving historic buildings and lists UNESCO World Heritage properties, it can further commit to international conventions or standards for cultural heritage protection. From a climate perspective, although Vonovia states its alignment with the Paris Agreement, it should demonstrate its commitment by setting science-based targets consistent with the 1.5°C pathway and consistently demonstrating greenhouse gas reductions across all emission scopes.
Ranking position
#22
/300
Total score
27.2
/100
Measurement area
Score
Rank (0-300)
Measurement area
Governance & Strategy
Score
# 1
25.0
/100
Rank (0-300)
#29
Measurement area
Inclusive Cities
Score
# 1
51.7
/100
Rank (0-300)
#8
Measurement area
Healthy Cities
Score
# 1
15.8
/100
Rank (0-300)
#38
Measurement area
Climate Proof & Resilient Cities
Score
# 1
10.0
/100
Rank (0-300)
#101
Measurement area
Core Social Indicators
Score
# 1
33.3
/100
Rank (0-300)
#38
Industries
Industries
Real estate
#8
More about the company
Headquarters
Germany
Ownership structure
Private
Revenue
USD 5,423 billion (2022)
Number of employees
12063 (2022)
Website
https://www.vonovia.de
63716
