Gerhard Schuster,
CEO of Wien 3420
We have undertaken a detailed evaluation of all that has been achieved so far, accompanied by a team of specialists from Urban Innovation Vienna. Does the urban development meet our ambitious aspirations? How must we adjust or even completely realign our objectives
across a wide range of areas in order to master our overall task – the creation of a place in which people can live and do
business not only well but also sustainably?
But this process has produced more than an interim assessment. We decided not only to draw up a set of transparent targets,
but also to make these measurable with the help of KPIs and to subject the performance of Seestadt to a programme of regular
critical assessment. In doing so, we are anticipating mandatory sustainability reporting in terms of ESG and EU taxonomy and
setting new standards. The first step of this process has been completed: An initial pilot reporting of selected KPIs is now
available. The strategic evaluation process and the system of objectives are as ambitious as the urban development project
itself.