Federated Hermes
Federated Hermes is a global leader in active, responsible investment with over $700 billion of assets under management, including over $20bn in Private Markets. It is guided by the conviction that responsible investment is the best way to create long term value. We have a extensive track record of delivering meaningful and sustainable placemaking schemes that not only generate long-term financial outcomes, but also positive societal and environmental impact.
Our Real Estate portfolio is a mix of commercial, industrial and residential with the majority of assets in the UK. We have developed a sophisticated and agile ESG framework that is based on a holistic understanding of the environmental and social challenges and opportunities our assets are facing. As we are entering the era of implementation, progress needs to be made at pace if the climate crisis and social inequality are to be tackled successfully. Therefore, our approach to ESG is outcome-focused, action-led and based on targets to achieve progress in a consistent way. 1As at June 30 2023
Key Facts:
Our main commitments:
- Becoming Net Zero Carbon by 2035 in developments and operations which includes decarbonisation, delivering energy efficiency, stakeholder engagement and utilising offset opportunities
- Incorporating circular economy principles, improving recycling and 100% waste diverted from landfill
- Achieving a net-positive impact on biodiversity throughout operations and developments
- 100% portfolio coverage on climate risk assessments
- Ambitious deforestation commitments
- The prioritisation of health and wellbeing by incorporating principles from international standards
- Working with our supply chain for responsible procurement
- Developing impactful partnerships and engaging purposefully with occupiers
- Every fund and asset is submitted into GRESB reporting to benchmark performance
Publications:
“The Better Building Partnership has over the last few years worked effectively to help transform the real estate market by developing toolkits and benchmark to integrate environmental and sustainability management in the core of property management. Hermes Real Estate has a long established market leading Responsible Property Investment programme and we have been honoured to be part of this group of leading commercial property owners. We have gained much insight through the collaborative process to help us improve our own systems and approaches. We look forward to sharing our knowledge and experience to further this fruitful collaboration and deepen its impact on the wider real estate market.”
Tatiana Bosteels, Head of Responsible Property Investment, Hermes Investment Management
*Please note that the information on this page was supplied by the MAP Member and the BBP assumes no responsibility or liability for any errors or omissions in the content
