Hamburg Spotlight: City Economy Puts Public Companies on Display for Citizens

As of 5:28 p.m | Reading time: 2 minutes

Mith a year of urban economy, Hamburg wants to bring its public companies more into the focus of citizens in 2023. The city economy, which are 360 ​​companies with the city as a shareholder, with over 74,000 employees and total assets of around 41 billion euros, said Finance Senator Andreas Dressel (SPD) on Tuesday when the campaign was presented. With an exhibition in the town hall, a city economy day (September 2, 2023) and other events, the diversity of the companies and their services for the common good are to be made clear.

Urban businesses need to be carbon neutral sooner

“We want to fill the city’s economic strategy with life and actively and energetically stand up for our mission statement “Together for the common good”, said Dressel. As a pacesetter when it comes to climate neutrality and equality, the city economy is a job engine and also serves as a role model for private companies.

“While we want to achieve CO2 neutrality throughout the city by 2045, our city economy must be climate-neutral five years earlier, i.e. 2040,” said Dressel. Public companies also played an important role in training. “Hamburg, with its city economy, stands for good work and offers its junior staff a good start with great career prospects.”

also read

Public companies are also making headway when it comes to equality. In the area of ​​supervisory boards, for example, with a proportion of women of over 48 percent, almost parity has been achieved. The proportion of women on the executive boards is a good quarter. “A value that is far from sufficient,” said Dressel. “With a comprehensive gender equality strategy, we want to be just as successful in the management floors as we are on the supervisory boards in the next few years.”

also read

Thousands of suspects in Hamburg