Goal
The aim of the committee is to establish a unified view of ESG, increasing understanding of all three aspects, environmental, social and governance, and to promote robust standards of corporate governance that integrate all these aspects for non-listed real estate vehicles. This will help the industry more effectively integrate ESG factors into the real estate investment decision-making process.
Key objectives
- Emphasise importance of environmental measures, sustainability goals and performance, at both a vehicle and asset level.
- Provide best practice on the structure, policies and regulations that impact investments
- Increase understanding and awareness of corporate governance and social aspects that impact the industry
- Implement and promote common and workable standards of corporate governance for non-listed real estate vehicles
Committee members
| Name | Company | Country |
|---|---|---|
| Emily Hamilton (Chair) | Savills Investment Management LLP | United Kingdom |
| Andreas Farberg | KLP | Norway |
| Aneta Rusiniak | Invesco Real Estate Europe | United Kingdom |
| Bertrand Absolut | Ivanhoe Cambridge Inc | France |
| Catherina Paul | Bayerische Versorgungskammer | Germany |
| Georgie Nelson | abrdn (FM) | United Kingdom |
| Hannamari Koivula | Antilooppi | Finland |
| John Levy | Franklin Templeton Real Asset Advisors | United States of America |
| Juliette Lefébure | AXA IM Alts | France |
| Katie Cappola | Madison International Realty LLC | United States of America |
| Martijn Vlasveld | Edmond de Rothschild REIM (UK) Limited | The Netherlands |
| Miriam Kittinger | Swiss Life Asset Managers (FM) | Switzerland |
| Nisha Agrawal | Quadreal Property Group | Canada |
| Robert Epsom | CBRE Investment Management | United Kingdom |
| Rudy Verstappen | Altera Vastgoed N.V | The Netherlands |
| Steve Goossens | APG Asset Management | The Netherlands |
Related Information
INREV Sustainability Guidelines
The value of Sustainability is that it ensures organisations consider their impacts on sustainability issues, and enables them to be transparent about the issues they face. This increased transparency leads to better decision making, which helps build and maintain a sustainable real estate sector.
Global ESG Library
INREV and ANREV have merged their libraries of ESG-related resources together to form a shared Global ESG Library for the non-listed real estate industry.
IQ Magazine - Highlighting the S in ESG
Of the three strands of ESG - environmental, social and governance - it is probably the social that has so far received least attention from real estate investors. This is something that INREV will be addressing in 2019, with the aim on raising members' awareness of the area and proposing ways the industry can best measure the value of incorporating social effects into the investment process.