TY  - JOUR
U1  - Zeitschriftenartikel, wissenschaftlich - begutachtet (reviewed)
A1  - Stibbe, Rosemarie
A1  - Voigtländer, Michael
T1  - Corporate sustainability in the German real estate sector
JF  - Journal of Corporate Real Estate
N2  - Purpose – The aim of the study is to investigate the implementation of corporate sustainability (CS) in the German real estate sector.
Design/methodology/approach – The authors begin by outlining the framework set by the European Union and the German Federal Government for companies wanting to be classified as sustainable. After this, the relevance of sustainability for German real estate companies is discussed. Their empirical section contains an international comparison. Finally, they present an analysis checking the implementation of CS for the main 135 German real estate companies.
Findings – The present analysis shows that German real estate companies compare well with their international counterparts, in 2012 representing 15 per cent of all real estate firms reporting on the basis of the Global Reporting Initiative. However, of the 135 companies in Germany surveyed, only a small proportion classify themselves as CS and CSR (corporate social responsibility) enterprises. This number could be rapidly increased by better documentation of companies’ commitment to sustainability.
Practical implications – The study’s importance lies in the overview it provides of CS activities in the German real estate industry. In addition, it provides hints on how companies can improve their documentation to classify as CSR enterprises. Although the analysis concentrates on Germany, the results are also relevant for companies in other European countries.
KW  - Corporate social responsibility
KW  - Sustainability
KW  - Germany
KW  - Real estate
KW  - Corporate sustainability
KW  - German real estate industry
UN  - https://nbn-resolving.org/urn:nbn:de:hbz:1044-opus-12586
SN  - 1463-001X
SS  - 1463-001X
U6  - https://doi.org/10.1108/JCRE-10-2013-0030
DO  - https://doi.org/10.1108/JCRE-10-2013-0030
VL  - 16
IS  - 4
SP  - 239
EP  - 251
PB  - Emerald
ER  -