GPEP GmbH
Climate Impact & Sustainability Data (2022-2023)
Reporting Period: 2022-2023
Environmental Metrics
ESG Focus Areas
- Climate Change
- Social Responsibility
- Governance
Environmental Achievements
- Relocated corporate headquarters to environmentally friendly building with climate-friendly heating, ventilation, and e-charging stations.
- Gradually replacing company car fleet with electric vehicles and offering e-bike leasing.
- Company headquarters operates on renewable energy sources.
- ESG due diligence performed on all new real estate acquisitions.
Social Achievements
- 10 trainees underwent practice-oriented training in 2022.
- 93% of employees are proud to work for GPEP.
- 88% of employees would recommend GPEP as an employer.
- 46% of managers are female.
- Offers hybrid work model to promote work-life balance.
- Provides flexible working time models.
- Commitment to training and development of junior employees.
- Offers courses on nutrition, free wellness food, sport activities, and e-bike leasing.
Governance Achievements
- All investment funds launched by GPEP are subject to BaFin’s supervisory rules and regulations.
- Ongoing training for staff in compliance, money laundering, and data protection.
- Appropriate organizational precautions for early detection and prevention of conflicts of interest.
- Regular reporting on ESG activities to internal and external stakeholders.
- Special AIF launched in 2022 was designed as an Article 8 Fund in accordance with the EU Sustainable Finance Disclosure Regulation.
Climate Goals & Targets
Environmental Challenges
- Improving the ESG performance of real estate properties is a long-term process requiring close interaction between internal and external stakeholders.
- Data collection for ESG benchmarking requires close dialogue with tenants.
Mitigation Strategies
- Open dialogue with investors, tenants, and other stakeholders to develop sustainable solutions.
- Participation in industry initiatives (GRESB, ECORE, UN PRI) to identify best practices and develop standards.
- Establishment of an ESG task force for data collection and management.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: GRESB, ECORE, UN PRI