Key Performance Indicator G4-FS11
(report also in accordance with GRI SRS): Percentage of assets subject to positive and negative environmental or social screening.(Note: the indicator should also be reported when reporting to GRI SRS)
Hamburg Messe und Congress GmbH (HMC) holds financial assets in the form of shares in affiliated organisations and stakes in other companies.
Shares in affiliates:
By agreement, HMC has been Exclusive Limited Partner of MOLITA Vermietungsgesellschaft mbH & Co. Objekt Messe Hamburg KG, established on 09-02-2004, with a contribution in the amount of €10,000, which corresponds to the amount guaranteed and the share capital of the company. This arrangement, which was legally necessary in connection with the new exhibition halls, is not subject to screening based on environmental or social factors.
By an agreement dated 12-08-2020, and following commercial screening, HMC acquired a share of one third in HH Tower Betreibergesellschaft mbH. The purpose of the company is the construction and operation of an entrance building, interior finishing and operation of the observation rotunda, and operation of public lifts at and inside Heinrich-Hertz Tower which is situated on the plaza in front of the HMC fair site. Furthermore, the company may operate additional property and hold events there. Business operations have not commenced as yet.