Schroder Real Estate has managed real estate funds since 1971. Our real estate business is headquartered in London with offices across Europe, Asia and North America, and currently has £16.9 billion of gross real estate assets under management (December 2020 ) across direct real estate, hotels and real estate capital partners.
It is our responsibility as real estate investors to understand the environmental, social and economic impacts and their value potential to our investments in order to deliver resilient, long-term returns and to manage exposure to material risks. Sustainability is therefore integral to all stages of our real estate investment process. We are evolving our investment philosophy to incorporate “positive impact” investing moving beyond ESG to proactively seek to improve situations.
We believe that a sustainable, Real Estate with Impact investment programme should deliver:
- Enhanced long term returns for our clients
- Contribute to our tenants’ business performance and
- Deliver positive impacts to communities, the environment and society for the long term
In 2019 Schroder Real Estate with other members of the Better Buildings Partnership (BBP) recognised the need to encourage the Real Estate Industry to address its carbon impact: real estate is widely considered to be responsible for c. 40% of global carbon emissions.
The BBP Member Climate Commitment was drafted and in September 2019, alongside other BBP Members, Schroder Real Estate made the commitment to achieve Net Zero Carbon by 2050, the first stage is for members to issue a Net Zero Carbon Pathway during 2020.
We are progressing our investment philosophy so it incorporates “positive impact” investing. This moves beyond ESG because it seeks to proactively take action to improve situations. To achieve this, we have aligned our key impact pillars to the UN Sustainable Development Goals and use these pillars to consider impacts for funds and assets.
The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries - developed and developing - in a global partnership.
Fund Manager Member
3 UK and 6 EU funds participated in 2020
for SREIT Sustainability Report 2020
Energy Efficiency Category
UN PRI for the sixth successive year Schroders has retained the highest rating of A+ for our Strategy & Governance approach to Responsible Investment. Source: Principles for Responsible Investment 2015, 2016, 2017, 2018, 2019 and 2020 assessment reports
Schroders has completed the Direct Property Segment for the past four years achieving an A rating.
Schroders’ public PRI Transparency report is available here.