ith clear structures and responsibilities, ECE takes a consistent approach to the continuous development of ESG targets and issues. The Sustainability Department, headed by the Director of Sustainability and Corporate Communications, is responsible for the ECE Group’s ESG strategy. The sustainability team is continuously developing the group’s sustainability strategy, based on the ever-changing regulatory and market-specific ESG requirements. In industry associations and in dialogue with relevant stakeholders, the team monitors social, economic, and political trends and uses this information to develop ECE’s strategy. It continuously documents progress on ESG indicators and reports to the management. In addition, it discusses the targets and strategic approach with the ESG committees of the divisions ECE Marketplaces, ECE Work & Live, ECE Real Estate Partners, and ECE Group Services and works with them to continuously develop the ESG targets set out in the sustainability strategy. An international ESG manager in the Sustainability Department also works to ensure that the international subsidiaries make further progress on ECE Marketplaces’ ESG indicators – in line with the applicable legal requirements and the existing and constantly evolving structures at the headquarters in Hamburg.