Case study: Adoption of the Redevco ESG Policy
In today’s ever increasingly transparent investment world, businesses are called to lead the way on major – even global – topics that potentially have huge economic, societal and environmental consequences. We want to do what we can in the portfolios we manage, as well as actively contribute to changing the real estate investment and management sector to become low carbon, circular and resource-efficient in the context of internationally accepted goals such as the UN Sustainable Development Goals (SDGs) and the targets set out in the Paris Agreement of 2015.
We adopted a Redevco ESG policy in 2020 to frame our approach to sustainability in internationally recognised terminology and to enable transparency for all our stakeholders. The ESG policy is set-up as our overarching framework coupled with several specific underlying policies. Furthermore, this ESG Policy is embedded in Redevco’s overall governance, risk and compliance framework. All policies are interconnected and shape how we want to work as an investment manager and how we wish to interact with our stakeholders: our investor clients, our tenants, our service providers and suppliers, as well as our employees and our shareholders.
The policy’s topics concern:
- Our response to environmental issues such as climate change, resource depletions, waste, and pollution.
- Our care for people, workers, and local communities, including health and safety issues.
- How we run our business, from corporate policies and decision-making processes to compliance and our stance on issues such as corruption, diversity & inclusion, and remuneration.