SustainCase: How alstria ensures compliance with ethical standards across its operations

Case study: How alstria ensures compliance with ethical standards across its operations


As a leading German office real estate company, with a portfolio of 120 office buildings encompassing 1.7 million m² of lettable space, alstria is focused on long-term real estate value creation. Accordingly, alstria strives to ensure it conducts its business with integrity, fairness and respect for the law building and maintaining stakeholder trust.


Abstract


Maintaining its good reputation and the trust of stakeholders is a top priority for alstria. As a consequence, alstria strives to operate with integrity, promoting ethical behavior among both employees and business partners. In order to ensure compliance with ethical standards across its operations alstria took action to:

• promote ethical behavior through a code of conduct

• enable employees to report compliance or ethical concerns

• offer compliance training to employees


Using the GRI Standards in order to maintain and increase the value of your company


With each publication in this series the FBRH team will highlight one key impact identified by a company reporting in accordance with the GRI Standards and show how it has taken a structured, systematic approach to improving performance. With such positive action companies build trust, by dealing responsibly and conscientiously with their impact on the environment and on their stakeholders (e.g. clients, suppliers, shareholders, local communities, NGOs or local government). Stakeholders that can hold it back or stop it from reaching its objectives


By building trust your company creates loyalty and long-term commitment to its services and brands


New foreword by the Editor:

Why the GRI Sustainability Reporting Standards are not a box ticking exercise and how 80% of the world's 250 largest companies are using the GRI Standards to gain competitive advantage