Hamburg City Economy Strategy
Hamburg’s City Economy Strategy is guided by the United Nations Sustainable Development Goals (SDGs). It sets out a forward-looking vision and provides a shared framework for responsible action and cooperation in the public interest.
A Shared Framework for a Sustainable Urban Future
Hamburg’s city economy forms the backbone of essential public services and urban infrastructure. Its affiliated companies deliver key services for everyday life—from energy and mobility to housing, healthcare, education, culture, and waste management.
In response to growing social, environmental, and economic challenges, the Senate has established the strategy as a long-term, citywide framework. It defines a shared vision, overarching objectives, and principles for responsible public-sector business practices. By combining economic performance with social responsibility and environmental protection, it strengthens the city’s resilience while allowing company-specific implementation.
The Group as the Backbone of Hamburg’s City Economy
HGV’s shareholdings fulfil an essential public purpose. They provide services in the interest of the common good and ensure efficient, reliable, and affordable infrastructure while operating independently within established governance structures.
The strategy serves as a shared compass, defining objective clusters and steering areas rather than operational measures. Key focus areas include performance, economic stability, climate and environmental protection, and social responsibility.
The Role of HGV: Steering.Bundling.Supporting.
As the holding company of the Free and Hanseatic City of Hamburg, HGV steers and consolidates its affiliated companies.
We support the implementation of the strategy within shareholding management and create reliable conditions for responsible governance. HGV fosters the integration of strategic objectives into target frameworks, corporate concepts, and financial planning, while promoting collaboration across the group.
Delivering Impact for Hamburg
The strategy strengthens the group’s capacity to act and provides orientation for sustainable urban development. By aligning governance, public services, and long-term goals, HGV’s companies contribute significantly to quality of life in Hamburg and to a resilient, future-ready city.