Formally evaluating the impacts and risks of ESG issues in investment and management decision making.
Developing and implementing sustainability strategies for each of our managed funds, that address Lendlease's operating principles and key sustainability focus areas.
Using green rating tools and labels, where they exist, to benchmark and disclose the ESG performance of assets and portfolios.
Engaging and sharing knowledge with stakeholders on ESG issues related to responsible property investment practices.
The United Nations-supported Principles for Responsible Investment (PRI) Initiative is an international network of investors working together to put the six Principles for Responsible Investment (‘the Principles’) into practice. The Principles aim to help integrate the consideration of environmental, social and governance (ESG) issues by institutional investors into investment decision-making and ownership practices, and thereby improve long-term returns to beneficiaries. In implementing the Principles, signatories contribute to the development of a more sustainable global financial system.
Lendlease’s Investment Management business was the first global specialist property investment management company to become a PRI signatory in November 2007.
All signatories are required to participate in the PRI’s annual Reporting and Assessment process. In July 2017, Lendlease Investment Management received positive feedback on its PRI submission. An A+ rating was achieved for the PRI’s Strategy and Governance module (scoring 29 of 30 available points) and improving its rating in the Property module from A to A+ (scoring 42 of 42 available points).
A copy of Lendlease’s 2017 Transparency Report is available here.
Lendlease believes that its participation in the GRESB survey provides clarity and transparency on the ESG performance of its property funds and assets on a globally consistent basis, and believes that GRESB provides necessary focus and direction for the real estate sector.