Continued improvement of the Fund's sustainability performance
At Bouwinvest, we believe that we cannot ensure long-term successful investments without taking the needs of society into account, as the two are inextricably linked. To make sure we are making the maximum effort to ensure healthy societal and financial returns, we monitor our investment and operational performance using the internationally accepted GRESB benchmark.
We believe an above-average sustainability rating, GRESB 4 or 5-star rating, makes the Fund highly sustainable and actively contributes to meeting the UN's Sustainable Development Goal 11: Sustainable cities and communities.
In 2018, the Fund retained its 4-star status (on a scale of 1-5). The Fund scored particularly highly on implementation and measurement, beating the peer group on both these fronts. The Fund also performed substantially better than its peers on management and building certification. In 2018, we improved our overall score to 79 from 74 in 2017. Although the Fund still slipped to 9th from 7th in the overall standings, its score put it two points above the peer group average. The Fund is currently investigating how to further improve its score in the coming years.
Target on continued improvement of the Fund's sustainability performance |
Annual improvement of overall GRESB score | Achieved. +5 points (79/100), 4 out of 5 star rating.
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