The ICG promotes good governance in the German real estate industry, focusing on transparency, professionalism, and sustainability while providing training and standards for effective corporate management.
The Institute for Corporate Governance (ICG) is a Berlin-based organization dedicated to promoting good governance in the German real estate industry. Founded in 2002, the ICG has been working to improve transparency, professionalism, and integrity within the sector. The institute's primary objective is to enhance the competitiveness of the German real estate industry by developing and implementing standards for corporate management and supervision. The ICG has developed a values code, guidelines, and a set of rules to support its members in achieving better corporate governance. The institute offers auditing and certification processes, as well as training programs like the Real Estate Board Academy, to professionalize supervisory boards in the property industry. Key activities include leadership, risk management, compliance, and industry positioning. The ICG also focuses on sustainability, integrating it into working groups and initiatives to help members develop processes and instruments for effective sustainability implementation. Notable projects include the German Real Estate Summit, an annual event that brings together industry leaders to discuss values-oriented corporate management. The ICG also hosts the ICG Lounge, an event aimed at building bridges to other industries. With a growing membership of leading companies and individuals in the property sector, the ICG continues to play a crucial role in shaping the future of the German real estate industry. Its commitment to values-oriented, sustainable corporate management has made it a respected voice in the field.