Guidelines

References

INREV Reporting Module

INREV DDQ

GRESB RE 2019

GRI

EPRA

UN-PRI

ESG-LTS 1.1 Requirement:

Describe the overall approach to setting a long term ESG strategy for the vehicle. Make reference to the overall governance approach, which is covered in the INREV Corporate Governance Guidelines.

Detail the long term (2 to 10 years) ESG strategy for the vehicle. As best practice you can consider the aspects set out below:

RG.18

3.8.2 - 3.8.4

MA1

PD1

G4-1
G4-2

PR 01

• Asset management ESG strategy:
  Provision of asset sustainability action plans, possibly integrated into asset business plans, to describe how the vehicle’s long term ESG strategy is implemented on asset level.

3.8.2

SE4.2

• Provision of new build and/or refurbishment ESG strategies.

NC1

PR 11

• Provision of an ESG strategy for acquisitions.

RO3.1

PR 04

• Provision of a strategy to reduce and/or measure energy, GHG emissions and water and waste measurement.

PI1.0-PI4.1

ESG-LTS 1.2 Requirement:
Detail the vehicle’s approach for ensuring compliance for current legislation relating to ESG issues is in place.

RG.35

3.8.8

G4-2

ESG-LTS 2.1 Best practice:
Detail any additional key material aspects for the ESG strategy for the vehicle. Some examples of possible considerations include, but are not limited to:

MA1

PD1

G4-1
G4-2

• ESG actions plans at an individual asset level:
  name the percentage of assets with an individual ESG action plan, detail the scope these action plans and describe the communication and information flow with the asset management.

• Environmental management systems

3.8.5

ME1

• Employee KPIs for ESG: describe if the employees of the vehicle manager perform against set ESG KPIs and how these are set and measured.

MA5

SG 08

• Stakeholder activities including tenant liaison and satisfaction measurement strategy, green leases, community engagement strategy

SE7-SE11.2

PR 12

PR 13

PR 14

• Policy to decrease travel footprints (e.g. asset level, vehicle manager company level)

• Initiatives to improve biodiversity

• Supply chain management strategy

3.8.9

SE4.1

SE4.2

• Description of how the above mentioned policies and/or strategies have been developed.

MA4

• Innovation, technology and best practice:
  describe the fund manager’s involvement in the production of case studies or similar publications to provide information to the wider industry.

• Industry participation on ESG initiatives:
  describe the fund manager’s involvement, participation or support of promoting ESG initiatives to the industry.

SG 09

• Participation in the GRESB survey or/and development of GRESB scores

3.8.1

SG 09