Aberdeen Improves its GRESB Sustainability Scores with Six of its Property Funds Achieving Green Stars

07/09/2016

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 across 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.”

 

Contact:

 

James Thorneley

james.thorneley@aberdeen-asset.com

Aberdeen Asset Management

Tel: 02074636323

Mob: 07768556334

Further information about Aberdeen can be found here.

 

This press release was issued by Aberdeen Asset Managers Limited which is authorised and regulated by the Financial Conduct Authority in the UK.