Better Health for All

Adler Group's core business of residential properties delivers substantial health benefits through measures like new ventilation systems that improve room air and reduce mold risk, new doors meeting fire safety requirements, and insulation reducing heat consumption.

The company reported 0 fatalities in 2021 and 2024, and conducted over 38,000 property inspections in 2021 covering public safety. It targets tenants with average or below-average incomes, offering apartments at fair rents, with an average rent of 6.30 EUR/m² across the company. The company provides housing for people relying on state support and cooperates with charitable institutions to enable older people to live in age-appropriate housing. Its risk management system includes sustainability risks, assessed quarterly, and an early warning system. The company invested approximately 120 million euros in maintenance and modernization in 2021. Adler Group aims to halve carbon emissions from its portfolio by 2030 compared to 2020, and uses mineral wool for insulation despite it being 25% more expensive. It provides rooms for neighborhood projects and social services. The company offers ergonomic advice and preventive healthcare visits for employees. It fully implements GDPR and has a Data Protection Policy. During the COVID-19 pandemic, it suspended rent increases for 1% of tenants in 2020 and subsidized food baskets for 4,000 apartments. The company develops quarters designed to promote well-being and provides training for caretakers on dealing with tenants.

Fair Pay & Worker Respect

In 2023, the company reported an employee turnover rate of 6.0%.

The employee satisfaction score was 4.02, motivation 4.47, loyalty 4.43, and recommendation 3.77, all likely on a scale of 1-5. In 2022, the company laid off employees to meet cost reduction targets. The company has faced court-ordered investigations into business transactions of Adler Real Estate AG in 2019-2020, a BaFin examination of Adler Real Estate GmbH's consolidated financial statements for 2019-2021, and fines from competent authorities for non-compliance with legal timelines for audited financial statements. The Freelancer Code of Conduct commits to fair employment practices, rejecting undeclared work, forced labor, and child labor, and promotes equal opportunities and respect for employee dignity, including compliance with minimum wage regulations. It also states that freelancers are contracted by Adler Group S.A. and its affiliates.

Honest & Fair Business

Adler Group received a €30,000 fine in August 2024 for noncompliance with transparency requirements and another fine in November 2023 for failing to publish its 2022 audited annual financial report.

The company has a whistleblower system, valid from February 2022 and applicable to all group companies, which includes an electronic Integrity Line, an external ombudsman, and a lawyer of confidence. It guarantees anonymity, acknowledgment of receipt within seven days via the digital system, and prohibits reprisals for good faith complaints. Germany’s financial regulator, BaFin, found that Adler Real Estate AG wrongly consolidated ADO Properties SA in its 2019 accounts, inflating the balance sheet by €3.9 billion and earnings by €543 million. The company also failed to publish an audited annual financial report for 2023 as of December 2023. While an unqualified audit opinion was received for the 2024 annual report, audited reports for 2022 and 2023 were published subsequently in September 2024. Viceroy Research made public allegations in October 2021 regarding disregard for compliance and related-party transactions, which the company denied and commissioned KPMG to investigate. With the exception of the two CEOs, all members of the Board of Directors are considered independent. The company has an Anti-Corruption Policy, updated in August 2022, which prohibits cash gifts over €20 and sets value limits for other gifts and hospitality, requiring supervisor permission for amounts over €35. KPMG Luxembourg conducted a limited assurance review in 2021, and Avega Revision S.à r.l. was appointed auditor for 2022 and 2023 financial statements.

Kind to Animals

As a residential property company, ADLER Group S.A. does not have animal-derived products, animal testing operations, animal husbandry, or related supply chains.

Therefore, KPIs such as cruelty-free certification, alternative testing usage, humane certifications, ethical input substitution, supplier audits for welfare, cage-free sourcing, animal testing policy, animal testing volume, innovation investment in animal-free technologies, animal agriculture ethics, and animal-free R&D collaboration are not applicable to its core business model, resulting in a score of N/A (0) for these metrics. While the company engages in habitat creation, the provided articles do not offer the specific quantitative data (e.g., percentage of revenue invested, measurable population increases) required by the rubric to score the wildlife conservation impact or public policy engagement KPIs.

Planet-Friendly Business

The provided articles primarily focus on the company's financial performance, restructuring activities, and general ESG commitments. While the Adler Group states an aim to reduce CO2 emissions by 30% across its portfolio by 2030 and mentions commitment to UN sustainability goals, these are forward-looking statements and pledges, not evidence of current or past performance.

No specific quantitative data is provided for total greenhouse gas emissions, renewable energy usage, water consumption, green building certifications, waste diversion rates, EU taxonomy alignment for capital expenditure, lifecycle impact assessments, recycled material use, carbon offset quality, climate-positive investments, supply chain climate transparency, biodiversity efforts, deforestation policies, environmental compliance violations, environmental impact assessments, net-zero target year, TCFD alignment, climate scenario analysis, stranded asset transparency, water sourcing from stressed basins, packaging CO2 reduction, climate justice initiatives, just transition programs, or climate adaptation financing.

Respect for Cultures & Communities

The provided article, a summary of the company's 2020 Sustainability Report, primarily focuses on environmental and general social sustainability metrics. It explicitly notes "less direct information on specific cultural or community engagement metrics."

Consequently, no specific, concrete data points are available to assess the company against any of the KPIs for the 'Respect for Cultures & Communities' value.

Safe & Smart Tech

No specific, measurable evidence was found in the provided articles that directly pertains to ADJ.XETRA (ADLER GROUP S.A. NPV) for any of the Safe & Smart Tech KPIs. The articles either refer to specific subsidiaries (e.g., Adler Immobilien Management GmbH) or websites (e.g., Adler1919.eu) without explicitly stating company-wide applicability for ADJ.XETRA.

Furthermore, general policy statements or commitments, such as those found in the Adler Group Code of Conduct regarding data minimization or regulatory compliance, do not provide the specific, quantifiable data points or evidence of action required for scoring against the rubric's thresholds.

Zero Waste & Sustainable Products

Adler Group reported a recycling rate of 36.76% in 2020 and 36.75% in 2021.

The company considers circular economy demands in building maintenance, modernization, and new building development, ensuring new buildings can be disassembled and planning to recycle and reuse materials from partial demolition in the Holsten Area project. The company has implemented two small-scale waste reduction initiatives in Berlin-Lichtenrade: working on a concept to educate tenants on waste separation and organizing a flea market. For hazardous waste, Adler Group has screened processes to exclude hazardous substances defined in Art. 57 of the EU regulation 1907/2006 (REACH) and ensures materials for exterior plaster or outdoor coatings do not contain biocides in the Holsten Area project. The company is currently developing a “sustainability catalogue” to define waste-related requirements for all procurement operations. Adler Group encourages tenants to minimize and separate waste for recycling and is working on a concept to better teach tenants about waste separation.