Discover how immowelt is taking climate action

As part of the AVIV Group, which belongs to Axel Springer, immowelt is aligned with the sustainability goals of Axel Springer. With the climate strategy "we empower a_ greener future", Axel Springer is committed to becoming a climate-neutral company by the financial year 2024. In the short term, Axel Springer will therefore reduce absolute CO2 emissions by three to five percent annually over the next ten years. In the long term, all direct and indirect emissions are to be reduced by 90 percent by 2045. In addition to reducing emissions, all emissions not reduced will be offset annually by certified projects. These offset projects are certified either according to the Gold or Verified Carbon Standard or relate to the United Nations Clean Development Mechanism.

In the first step, we measured our emissions for the year 2021 and divided them into the common Scopes 1-3. For Scope 1, which is direct emissions from the vehicle fleet, refrigerants and heating system, we determined a consumption of 413 tons of CO2. Indirect energy-related emissions from electricity, Scope 2, accounted for 184 tons of CO2. The largest share of emissions comes from Scope 3 (indirect emissions such as laptops, catering, service providers, data centers, network, smartphones, etc.) at 4.815 tons of CO2. In total, immowelt's business activities generated 5.412 tons of CO2 in 2021.

The second part is the reduction of emissions. immowelt was already able to significantly reduce emissions in 2021. This was made possible by increasing the share of green electricity. However, emissions are to be reduced even further, step by step. These measures have already been implemented to achieve the goal: As company vehicles immowelt only offers e-cars instead of cars with combustion engines. In addition to this, several charging stations were installed at the headquarters in Nuremberg. Employees who travel to work by public transport receive a subsidy for the monthly ticket. On the technical side, servers are migrated to the AWS Cloud, mainly favoring regions with very high levels of green power. In addition, water dispensers are used at company headquarters instead of glass bottles and motion detectors reduce power consumption. immowelt wants to take its employees with it on the path to becoming a sustainable company. In order to raise awareness of sustainability, these measures and goals are communicated openly and transparently.

As long as not all emissions can be avoided, as third step immowelt compensates for the emissions generated. For the year 2021, immowelt has already offset the entire emissions of 5.412 tons of CO2. Various projects were supported for this purpose, for example a solar power project at Patan in India, a hydroelectric plant project in Nicaragua and a geothermal power plant project in Indonesia.

immowelt is part of the AVIV Group, one of the largest digital real estate tech companies in the world. The immowelt mission is to digitize all steps of the real estate transaction in the future in order to make it as uncomplicated and simple as possible for all parties involved. The basis for this is provided by the wide-reaching immowelt portals, which are among the leading real estate platforms in Germany and Austria and already successfully bring together owners, real estate professionals and seekers. immowelt supports the uncomplicated search for a rental property, the effective marketing of a property and customized financing of one's own four walls with data-supported services. Thanks to decades of experience and broad real estate expertise, immowelt thus creates the perfect experience of success for tenants and landlords, real estate professionals, property owners and buyers. In addition to immowelt, other leading real estate online marketplaces in France, Belgium and Israel belong to the AVIV Group, which is part of Axel Springer SE.

In order to implement a sustainable corporate strategy, immowelt has set up a Green Team. Together with the management, the team creates sustainability goals and implements the measures to achieve them.