Better Health for All

PATRIZIA's core business is real estate and infrastructure investment, which generally has a neutral direct health impact. While 2.9% of its Assets Under Management (AUM) are in health-related real estate like care homes and assisted living, and it invests in social infrastructure including healthcare facilities, this represents a small portion of its overall portfolio.

The PATRIZIA Foundation, established in 1999, has helped over 750,000 children and young people access education, healthcare, and welfare through 25 KinderHaus facilities across 15 countries, and supports the PATRIZIA Children's Hospital in Tanzania, which provides direct medical treatment. The company's Impact Investment Fund aims to provide 2,414 lower to middle-income individuals with affordable homes, and the PATRIZIA Sustainable Communities fund targets 7,500 low-to-median income residents with affordable housing. PATRIZIA plans to offer renewable energy to tenants at a cheaper than market rate. The company purchased 50 licenses for the Headspace meditation app for employees and plans to train Mental Health First Aiders in Germany and the UK in 2023. The PATRIZIA Foundation also focuses on education, including the PATRIZIA School Bafia in Cameroon, which serves over 900 children annually.

Fair Money & Economic Opportunity

PATRIZIA SE is an investment manager focused on real estate and infrastructure assets for institutional and private investors, not a direct consumer financial services provider.

The company's revenue is derived from management, transaction, and performance-based fees. As such, the company does not offer lending or deposit services, consumer credit products, or financial products requiring APRs or fee structures for consumers. Therefore, KPIs related to consumer financial services, such as underserved client share, pricing fairness, exploitative fee exposure, inclusion initiatives (in the context of loan/insurance books), data accessibility (for customer finance data), fair lending compliance, wealth building outcomes (for credit/savings), financial literacy initiatives (for financial services), debt burden ratio, geographic inclusion (for financial service access points), and product simplicity (for financial products), are not applicable to its core business model. The company uses up to 1% of its operating income or EBITDA to cover the PATRIZIA Foundation’s administrative costs, enabling 100% of donations to go to the Foundation’s projects. This means less than 0.5% of profits are reinvested in community finance or profit-sharing with underserved communities, which maps to a score of -50.

Fair Trade & Ethical Sourcing

PATRIZIA has a Supplier Code of Conduct, which establishes ESG-related requirements for its business partners and applies to all legal entities where PATRIZIA SE holds more than 50% of shares or voting rights.

The company also implements green clauses for almost all new leases and prolongations. However, no specific percentage of supplier contracts that include enforceable ethical-sourcing clauses is provided.

Honest & Fair Business

PATRIZIA operates a formal digital whistleblowing system, managed by a third-party provider, which includes an anonymized mailbox.

The policy, effective June 2023, covers current and former employees, suppliers, associates, and their relatives, and applies to Australian subsidiaries with external reporting channels for several European countries. It promises acknowledgement within seven days and feedback on the status of information within three months. However, the company reported financial restatements in both 2023 and 2024 due to error corrections. PATRIZIA maintains a zero-tolerance approach to fraud and corruption, with an explicit prohibition of bribery and facilitation payments, stringent rules for gifts, and mandatory annual compliance training for all employees, including refresher courses on anti-money laundering and information security. For third-party verification, the company's Group Non-Financial Statement receives limited assurance from external auditors, and an independent third party analyzed its double materiality assessment. Transaction teams also work with external ESG due diligence providers.

Kind to Animals

PATRIZIA SE is an investment manager for real estate and infrastructure assets. The provided articles do not contain any specific, concrete data points related to animal testing, cruelty-free certifications, humane operations, ethical sourcing of animal products, animal agriculture ethics, or direct animal welfare policy engagement. While the company mentions biodiversity initiatives such as indigenous flora, insect hotels, and landscaped areas in some projects, the evidence does not provide measurable impacts on species recovery or biodiversity indices, nor does it specify the percentage of revenue allocated to these initiatives, as required by the 'wildlife_conservation_impact' KPI.

General sustainability and climate-related policy engagements are not specific to animal welfare. Therefore, all KPIs related to the 'Kind to Animals' value are omitted due to a lack of applicable and specific evidence.

No War, No Weapons

PATRIZIA SE is explicitly stated as having no involvement in military contracting, aligning with its core business as an investment manager.

The company's Screening and Ethical Exclusion Policy, effective December 2022, prohibits investments in entities deriving a majority of revenue from controversial weapons (e.g., cluster munitions, anti-personnel mines, nuclear weapons). This policy also excludes investments in companies located in jurisdictions on the Financial Action Task Force's High-Risk Jurisdictions list, and it prohibits commercial dealings with sanctioned entities. An external third-party audit confirms zero links to controversial weapons. PATRIZIA states a commitment to the UN Principles of Responsible Investment (UN PRI), the UN Global Compact, and the UN Sustainable Development Goals (SDGs), and its policy mentions respect for the UN Guiding Principles on Business and Human Rights (UNGPs).

Planet-Friendly Business

PATRIZIA has set a net-zero carbon target for 2040 or earlier, with an ambition to execute faster if external and stakeholder requirements permit.

The company supports the recommendations of the TCFD and has integrated TCFD alignment into ESRS E1. It conducts climate scenario analysis using IEA pathways and IPCC RCP scenarios. However, the company employs an exclusionary strategy for stranded assets, which means it does not disclose climate-related asset risks for its holdings.

Respect for Cultures & Communities

No specific, concrete evidence was found in the provided articles for any of the KPIs related to Respect for Cultures & Communities. The articles primarily focus on the PATRIZIA Foundation's educational initiatives and PATRIZIA SE's general sustainability goals, ESG performance, and financial metrics, without providing quantitative data on community engagement, cultural impact assessments, grievance mechanisms, local employment, or cultural preservation investments by PAT.XETRA.

Information regarding the PATRIZIA Foundation's projects and partnerships is not considered company-wide evidence for PAT.XETRA's operations.

Safe & Smart Tech

PATRIZIA SE explicitly states compliance with major privacy regulations such as GDPR, BDSG, German Commercial Code (HGB), and German Fiscal Code (AO).

The company has a Data Protection Officer and adheres to the German Whistleblower Protection Act (HinSchG). Users are provided with rights to information, correction, deletion, restriction of processing, objection, and data portability, as outlined by GDPR. Data retention periods are defined by legal obligations, including up to ten years under German Commercial and Fiscal Codes, and up to 30 years for statutory limitation periods.

Zero Waste & Sustainable Products

PATRIZIA achieved a 98% recycling rate for all onsite waste during the development of its London office (Endell Street).

The company is undertaking a comprehensive restructuring of waste management processes across its German portfolio, which began in the second half of 2019, and has implemented heat storage technology at SAREN Energy's Kvitebjørn Varme waste-to-energy plant to improve efficiency. Circular design principles are applied in projects such as the Louise asset, which is undergoing a back-to-frame refurbishment to repurpose industrial buildings and conserve grey energy. PATRIZIA has set a company-wide waste reduction target to achieve net zero carbon status across its corporate operations and real asset portfolio by 2040 or earlier.