MASHINIi

INSTONE REAL EST.GRP.

INS.XETRA | Construction of buildings

Instone Real Estate Group AG is a residential developer in Germany. The company develops attractive urban residential locations for different target groups, including first-time buyers, families, and investors. Their activities encompass the entire value chain, from land acquisition and planning to ...Show More

Ethical Profile

Mixed.

Instone Real Estate Group holds a mixed ethical rating. Instone prioritizes social value, with 22% of apartments price-controlled or subsidized. Projects like 'Elisabethentor' included 86 subsidized and 18 senior-friendly units; over 1,700 childcare places are also being created. Its ESG risk rating of 11.4 places it in the top 2% of global real estate developers. Environmental concerns exist: Instone has SBTi-validated Scope 1 & 2 targets and a 2045 climate neutrality goal, but Scope 3 emissions significantly increased 2021-2022. This 2045 net-zero target is also considered less ambitious than industry leaders. Public data is insufficient to assess Instone's performance on fair pay, worker respect, ethical sourcing, honest business, or waste reduction.

Value Scores

Better Health for All0
-100100
Fair Money & Economic Opportunity0
-100100
Fair Pay & Worker Respect0
-100100
Fair Trade & Ethical Sourcing-10
-100100
Honest & Fair Business-10
-100100
Kind to Animals0
-100100
No War, No Weapons0
-100100
Planet-Friendly Business-40
-100100
Respect for Cultures & Communities20
-100100
Safe & Smart Tech0
-100100
Zero Waste & Sustainable Products-30
-100100

Better Health for All

0

Instone Real Estate Group's core business of residential development provides modest health benefits by creating livable residential districts for all generations, with a social impact scoring model that considers health and care services.

1
One project includes a children's day-care centre and senior-friendly units.
2
The company has no revenue from products or activities with direct negative health outcomes.
3
While Instone offers price-controlled, subsidized, or cost-optimized apartments, and creates senior-friendly units, these are not considered 'health products or services' as defined by the rubric for the price_accessibility and vulnerable_reach KPIs, thus they are scored as not applicable.
4
The company's business activities do not substantially affect mental health outcomes, therefore it is considered neutral for mental health initiatives.

Fair Money & Economic Opportunity

0

Instone Real Estate Group, a residential developer, has 22% of its apartments designated as price-controlled, subsidized, or cost-optimized, indicating an effort to serve underserved segments.

1
Its subsidiary, nyoo, aims to reduce rent burdens by 30-40% in central areas and targets having roughly 50% of Instone's properties in the affordable housing segment by 2030.
2
nyoo also focuses on developing housing in metropolitan suburbs and overlooked regions.
3
However, as a real estate developer, the company does not offer consumer lending or deposit services, nor does it generate or manage customer financial data, which means many financial services-specific KPIs are not applicable.

Fair Pay & Worker Respect

0

No specific, quantitative data was found in the provided articles to assess Instone Real Estate Group SE against the KPIs for Fair Pay & Worker Respect. The available information details the management board's remuneration system

1
and general company performance,
2
but lacks metrics such as living wage coverage, CEO to median pay ratio, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, turnover rates, labor violation incidents, insecure contract share, or health insurance coverage for the broader workforce.
3

Fair Trade & Ethical Sourcing

-10

Instone Real Estate Group reported zero substantiated forced or child labor findings for the period 2020-2023, as identified through its whistleblower system.

1

Honest & Fair Business

-10

Instone has a comprehensive whistleblower policy in place, following EU, German Corporate Governance Code, and ICC recommendations.

1
It offers multiple protected channels, including an external hotline, ombudsman, and digital system, and explicitly protects whistleblowers from adverse consequences.
2
No corroborated reports were submitted via the system in 2020, 2021, 2022, or 2023.
3
The company also has an anti-corruption policy that adheres to ICC Rules of Conduct to Combat Extortion and Bribery.
4
Instone voluntarily conducts an audit in accordance with the German Commercial Code (HGB), and states that ad hoc and routine audits are performed by an external service provider as necessary, with further developments checked by external third parties for IT security properties.
5
For Adler Group (not Instone), five out of seven directors were independent as of December 31, 2023, which is approximately 71.4%.
6

Kind to Animals

0

No evidence available to assess INSTONE REAL EST.GRP on Kind to Animals.

No War, No Weapons

0

The company's core business is real estate development, and the provided articles explicitly state that most KPIs related to arms, defense, or conflict are not applicable.

1
There is no evidence of revenue from arms or defense contracts, dual-use technology, sales to embargoed regimes, peacebuilding investments, or any other defense-related activities.
2
The company states alignment with the UN Guiding Principles on Business and Human Rights, but no specific actions, implementation details, or third-party verification are provided to support this claim, thus it cannot be scored.
3

Planet-Friendly Business

-40

In 2022, Instone Real Estate Group's total Scope 1, 2, and 3 GHG emissions were 441,636 tCO2e.

1
This represents a significant increase from 2021, where total Scope 1, 2, and 3 emissions were 103,113 tCO2e.
2
The company has SBTi-validated, science-based carbon reduction targets for Scope 1 & 2 emissions, with a 42% reduction target from a 2020 baseline by 2030, but the targets are validated and interim milestones are missing.
3
Instone has a net-zero target year of 2045.
4
In 2022, the company reported zero environmental pollution incidents and zero fines.
5
The 2022 EU Taxonomy-compliant proportion of revenue was 86.7%, and 94.2% for buildings.
6
10% of properties meet the maximum energy consumption of a taxonomy-compliant building.
7

Respect for Cultures & Communities

20

Over 66% of the company's contractual partners are regionally based, indicating a substantial proportion of procurement spending is directed to local suppliers.

1

Safe & Smart Tech

0

No evidence available to assess INSTONE REAL EST.GRP on Safe & Smart Tech.

Zero Waste & Sustainable Products

-30

The company reported zero incidents of environmental pollution and zero fines or financial penalties imposed in both 2021 and 2022.

1
In 2022, soil contamination had to be removed in 19 projects, indicating active management of hazardous waste.
2
This demonstrates very good hazardous waste management and strong compliance with no waste disposal violations in the past two years.

Own INSTONE REAL EST.GRP?

Upload your portfolio and see how all your holdings score across 11 ethical dimensions.

Audit My Portfolio

AI-generated analysis based on publicly available data. Not financial advice. Ratings are expressions of opinion derived from automated models and may contain inaccuracies. See our Risk Disclosure for full details.