HAMBORNER REIT AG publishes 2023 sustainability report

EQS-News: HAMBORNER REIT AG / Key word(s): Sustainability/ESG
HAMBORNER REIT AG publishes 2023 sustainability report

04.07.2024 / 20:35 CET/CEST
The issuer is solely responsible for the content of this announcement.

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PRESS RELEASE

HAMBORNER REIT AG publishes 2023 sustainability report

  * Continued progress in the implementation of the strategic sustainability
    programme

  * Significant reduction in energy consumption at both portfolio and
    company level

  * Slight increase in energy-related CO2 emissions compared to the baseline
    year attributable to an increase in the emission factor of the German
    electricity mix

Duisburg, 4 July 2024 - HAMBORNER REIT AG has published its 2023
Sustainability Report once again emphasising the importance of
environmental, social and governance-related aspects to its business
activities.

The company continued to systematically implement its strategic
sustainability programme throughout the reporting year 2023 and pressed
ahead with the integration of ESG criteria at company and property level.
Most recently, its activities have been primarily focused on the development
of a company-wide decarbonisation strategy.

In this context, the company has committed to achieving net-zero greenhouse
gas emissions at company level by the end of 2045. As part of its
decarbonisation activities, the company is initially focusing on
energy-related emissions arising from fuels (Scope 1), other energy supplies
(Scope 2), the upstream chain of these energy purchases (Scope 3.3) and the
energy consumption of its tenants (Scope 3.13). The company aims to reduce
energy-related emissions by 50% by the end of 2030 compared to the baseline
year 2021. This corresponds to a reduction in emissions intensity from 56.4
kgCO2e/m² in the baseline year 2021 to 28.2 kgCO2e/m² in 2030.

Last year, the company successfully made progress in reducing energy
consumption at portfolio level. The energy intensity of the existing
portfolio fell significantly by around 9% in the 2023 reporting year
compared to the previous year. Compared to the baseline year 2021, a
reduction of 10.8% has already been recorded. Despite the significant
decrease in energy consumption, the portfolio's energy-related emissions in
2023 were around 1% higher than those of the baseline year. The emissions
intensity rose accordingly to 57.1 kgCO2e/m² (2021: 56.4 kgCO2e/m²). The
increase is mainly attributable to an increase in the emission factor of the
German electricity mix in 2022, the development of which is beyond the
company's control. As the emission factor for 2023 was not yet available at
the time of reporting, the factor from the previous year was used to
determine the emissions from electricity consumption. The main reasons for
the increased emissions factor were the nationwide increase in electricity
generated from coal brought about by the gas crisis in the wake of the war
in Ukraine, the ongoing nuclear phase-out and higher electricity exports.

At HAMBORNER's administrative headquarters, energy consumption was also
significantly reduced, and a reduction in energy intensity of 20.8% compared
to 2022 and 26.3% compared to the baseline year 2021 was achieved. The
decrease is primarily attributable to measures aimed at increasing energy
efficiency and led to a reduction in energy-related emissions in the
reporting year of around 49% compared to the baseline year 2021.

Detailed consumption and emissions figures as well as additional information
on the progress made in the area of sustainability management are included
in the report, which can be downloaded at
https://www.hamborner.de/en/sustainability/sustainability-reports.html. In
addition, a separate report taking into account the Sustainability Best
Practice Recommendations of the EPRA (European Public Real Estate
Association) is also available.

Further explanations of the terms and key figures presented can be found in
the Glossary on the company's website.

ABOUT HAMBORNER REIT AG

HAMBORNER REIT AG a public company listed in the SDAX that operates
exclusively in the property sector and is positioned as a portfolio holder
for high-yield commercial properties. The company generates sustainable
rental income on the basis of a diversified portfolio of properties
distributed throughout Germany with a total value of around EUR1.5 billion.
The portfolio focuses on modern office properties at established locations
as well as attractive local supply properties as large-scale retail assets,
retail parks and DIY stores in central inner-city locations, district
centres and highly frequented edge-of-town sites of major German cities and
mid-sized centres.

HAMBORNER REIT AG is distinguished by its many years of experience on the
property and capital market, its consistent and sustainably attractive
dividend strategy and its lean and transparent corporate structure. The
company is a registered real estate investment trust (REIT) and benefits
from corporation and trade tax exemption at company level.

CONTACT

Christoph Heitmann
Head of Investor Relations, Financing & Corporate Communications
Tel.: +49 (0)203 54405-32
Mail: info@ir.hamborner.de
Web: www.hamborner.de

Timo Kappius
Senior Manager Sustainability & ESG
Tel.: +49 (0)203 54405-47
Mail: esg@hamborner.de
Web: www.hamborner.de


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   Language:       English
   Company:        HAMBORNER REIT AG
                   Goethestraße 45
                   47166 Duisburg
                   Germany
   Phone:          0203/54405-0
   Fax:            0203/54405-49
   E-mail:         info@hamborner.de
   Internet:       www.hamborner.de
   ISIN:           DE000A3H2333
   WKN:            A3H233
   Indices:        SDAX
   Listed:         Regulated Market in Dusseldorf, Frankfurt (Prime
                   Standard); Regulated Unofficial Market in Berlin,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1940055

End of News EQS News Service
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1940055 04.07.2024 CET/CEST