Warburg-HIH Invest maintains memberships in various organisations in order to advance the cause of sustainability as effectively as possible and to offer investors comparable products and shared standards.
Around 30 investors and property asset holders collaborate in E.C.O.R.E. – ESG Circle of Real Estate in order to develop an standard industry scoring to rate the compliance with ESG requirements
The UN Principles for Responsible Investment are an investor initiative formed in 2006 in partnership with the financial initiative of the UN Environmental Program (UNEP) and the UN Global Compact based in London. The PRI Initiative and its international network of signatories devotes itself to the practical implementation of the six principles for responsible investment. The objective is to better understand the impact of investment activities on environmental, social and governance issues, and to support the signatories in the integration of these issues into their investment decisions.
The United Nations Global Compact is the world’s largest and most important initiative for responsible corporate governance. Based on 10 universal principles and the Sustainable Development Goals, it pursues the vision of an inclusive and sustainable global economy for the benefit of all people, communities and markets, today and in the future. By signing up, more than 15,000 companies and organisations from civil society, politics and science in over 160 countries so far have shown that they want to make this vision a lived reality.
The Guidelines for Responsible Investment of BVI represent the standard that the BVI Federal Association for Investment and Asset Management defined for its members. It provides guidance for the sound and responsible handling of capital and of investor rights.
In 2011, at the EXPO REAL trade fair, the ZIA German Property Federation presented a sustainability code that takes economic, societal and environmental aspects into account. The code is part of the ZIA sustainability guideline “Sustainability in the Real Estate Industry – Code of Conduct, Reports and Compliance.”
INREV has created guidelines to cover thematic areas of the Environment Social Governance (ESG) framework and the underlying business models, consequences and risks of these regulations, paving the way for future regulatory requirements. It is essential to embed sustainability in a long-term strategy and translate this strategy into annual application requirements and targets.