Shared sector commitment

Initiatives and codes

Achieving more together – On the way towards a sustainable economy we need networks and innovations!

The effects of climate change require immense transformations from companies. Hardly any other sector therefore has such a strong potential to contribute to sustainable development in Germany. We can only realise this potential by working together.

We are therefore committed to more cooperation in our sector in order to jointly develop innovative solutions and create standards.

This commitment and regular exchange give us the opportunity to take future regulatory requirements into account, to recognise new trends at an early stage and to implement pioneering processes.

Here you will discover the associations we are involved in and the guiding principles we adhere to.

German Investment Funds Association (BVI) - Guidelines for sustainable portfolio management

The BVI (German Investment Funds Association) represents the interests of the German investment sector at national and international level. Its 100+ members manage around 4 trillion euros of investment capital for private investors, insurance companies, pension funds, banks, churches and foundations. Deka Immobilien has been a member for many years and regularly participates in meetings of the “EU and international affairs” committees and the “Responsible investment” and “Sustainability in real estate funds” working groups.

By recognising the BVI guidelines for sustainable portfolio management, we document our commitment to sustainability in an ongoing optimisation process. The aim is to increase the transparency and assessment of the sustainability of real estate or real estate portfolios.

BVI Guidelines for sustainable real estate portfolio management


German Property Federation (ZIA) sector code

Together with its members, including more than 25 associations, the ZIA represents the entire sector along the value chain. The ZIA stands for a comprehensive and uniform representation of interests of the real estate sector in all its diversity, reflecting the sector’s importance for the national economy. As an umbrella of entrepreneurs and associations, it gives the entire property sector a voice at national and European level – as well as in the Federation of German Industries (BDI).

Deka Immobilien regularly participates in the Corporate social responsibility committee and the Climate protection plan 2050/Inventory working group to keep abreast of and exchange information on current political and legal developments. As an active member of the ZIA, Deka Immobilien contributes to strengthening transparency and professionalism in the real estate sector.

ZIA sector code


UN Global Compact

Deka Immobilien signed the UN Global Compact in 2015 and formally commits to upholding its 10 principles in the areas of human rights, labour standards, environmental protection and corruption prevention. The United Nations Global Compact pursues the vision of an inclusive and sustainable global economy for the benefit of all people, communities and markets, today and in the future.

The ten principles of the UN Global Compact:

Human rights

  • Principle 1: Businesses should support and respect the protection of internationally proclaimed human rights.
  • Principle 2: Businesses should make sure that they are not complicit in human rights abuses.


  • Principle 3: Businesses should uphold the freedom of association and the effective recognition of the right to collective bargaining.
  • Principle 4: Businesses should uphold the elimination of all forms of forced and compulsory labour.
  • Principle 5: Businesses should uphold the effective abolition of child labour.
  • Principle 6: Businesses should uphold the elimination of discrimination in respect of employment and occupation.


  • Principle 7: Businesses should support a precautionary approach to environmental challenges.
  • Principle 8: Businesses should undertake initiatives to promote greater environmental responsibility.
  • Principle 9: Businesses should encourage the development and diffusion of environmentally friendly technologies.


  • Principle 10: Businesses should work against corruption in all its forms, including extortion and bribery.

German Sustainability Code

DekaBank recognised the German Sustainability Code as a binding code in December 2013. The code was drawn up by the German Council for Sustainable Development following an extensive dialogue with representatives of corporate groups and medium-sized companies as well as financial analysts and service providers. Its aim is to develop a statement on the ecological, social and economic dimensions of sustainability that is easy to implement and applicable to the essentials of a company's business model. It also incorporates criteria of sustainable corporate governance.

Member of the ESG Circle of Real Estate - ECORE Sustainability Standard

In February 2020, an initiative to develop a European sustainability standard was launched by Bell Management Consultants and 14 well-known real estate property owners. Since its formation, Deka Immobilien has been actively involved in the steering committee. The aim is to develop, together with BVI and ZIA, a robust and marketable ESG scoring model to measure the sustainability performance of properties and portfolios.

More information

Logo Ecore.PNG

Signatory to the UN Principles for Responsible Investment (PRI)

The PRI is an investor initiative that comprises six core principles for responsible investment. The objective is a deeper understanding of the impact of environmental, social and governance (ESG) factors for investors and to support signatories in incorporating these issues into their investment decisions. By signing, we have committed to these six core principles (e.g. inclusion and disclosure of ESG issues) and to annual reporting. In this way, we contribute to a more sustainable global financial system.


  •       1. We will incorporate ESG issues into investment analysis and decision-making processes.
  •       2. We will be active owners and incorporate ESG issues into our ownership policies and practices.
  •       3. We will be active owners and incorporate ESG issues into our ownership policies and practices.
  •       4. We will promote acceptance and implementation of the Principles within the investment industry.
  •       5. We will work together to enhance our effectiveness in implementing the Principles.
  •       6. We will each report on our activities and progress towards implementing the Principles.

Please find more information on the UN’s PRI website.

Logo PRI.png