Aberdeen Asset Management has continued to deliver and improve on its sustainability scores in the Global Real Estate Sustainability Benchmark with six of its property funds achieving Green Stars and each scoring above their respective peer group average. This has ranked the funds amongst the most sustainable in the property sector achieving top ranking positions accross Europe and globally.
The Global Real Estate Sustainability Benchmark (GRESB), which has become the defacto measure of a fund’s green performance, covers $2.8 trillion of assets globally and scores the sustainability performance of real assets in environmental stewardship, social responsibility and governance. Aberdeen is pleased to have been awarded GRESB Green Stars for the last three years improving its scores consistently year-on-year.
Aberdeen’s Responsible Property Investment policies and procudures ensure that environmental social and governance (ESG) issues are embedded across all the different aspects within the Group approach to investing.
Aberdeen’s Head of Responsible Property Investment , Dan Grandage, commented:
“Increasingly investors are questioning us on how we address ESG risks across our portfolios. These results demonstrate that our proactive and established approach is paying dividends.. Responsible property investment is not just about saving carbon and energy. It is also about risk management, portfolio competitiveness and increasing operational efficiencies, to the longer term benefit of our investors and building occupiers.”
Aberdeen’s Global Head of Property, Pertti Vanhanen, commented:
“We are particularly proud that our flagship funds Aberdeen European Balanced Property Fund, Aberdeen Property Nordic Fund I SICAV-FIS and the Aberdeen UK Property Fund, are all well ranked in their peer groups and achieved Green Stars.”
The other three funds recognised were the Aberdeen Property Funds SICAV_FIS Pan-Nordic, the Pan European Urban Retail Fund and The Airport Industrial Property Unit Trust.
For further information contact
James Thorneley
james.thorneley@aberdeen-asset.com
Aberdeen Asset Management
Tel: 02074636323
Mob: 07768556334