Many investors now have a clearly defined environmental, social and corporate governance (ESG) agenda. As such, they may wish to understand how embedded ESG really is within the organisation they are talking to and the drivers behind this. Furthermore, the investor may wish to measure and compare the ESG performance of the fund they are considering and understand how ESG is actually incorporated into the strategic decisions of the fund.
Given the widespread focus on ESG amongst both landlords and tenants, investors would be prudent to seek to understand the risk to any assets not meeting minimum standards and the costs required for remediation.
To better understand what a strategy incorporating ESG considerations means in practice, it is often useful to seek case studies in order to see what the Manager is actually doing.
Listed below are a set of questions that should help draw out this information: