ESG & REAL ESTATE18 JUNE 2020

WEBINAR

Luxembourg May 2019

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Roxana IsaiuDirector Real Estate

r.isaiu@gresb.com

ESG & Real Estate

E N V I R O N M E N T A L Climate change | Carbon emissions | Air and water pollution

Biodiversity | Energy efficiency | Waste management | Water

scarcity

Tenant satisfaction | Gender and diversity | Employee engagement

Community relations | Human rights | Labour standards | Supply

chain

What does ESG mean for the Real Estate industry?

S O C I A L

G O V E R N A N C E Equal opportunity employment | Gender pay gap | ESG related

objectives ESG strategies | ESG management | Information

transparency

Assess and benchmark ESG

performance of real assets, providing

standardized and validated data to

capital markets.

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Institutional Investor Members

Over 100 institutional investor members – over USD 22 trillion AUM

Institutional

Investors

Fund managers

Listed companies

I N V E S T O R P E R S P E C T I V E

E S G A N A L Y T I C S

E S G A N A L Y T I C S

E S G P E R F O R M A N C ED A T A

W h y i s t h i s i m p o r t a n t ?

The relevance of structured non-financial data

E S G D a t a P r o c e s s i n g

Self-reported data is validated, scored and benchmarked

Institutional Investors

Private Equity / REITS

Private Equity

LPs

APG, Norges, PGGM, Australian Super, CalPERS, USS,

AP2, AP3, SEB, UAW Medical Trust, Catholic Super,

Actiam, MN, Hesta, CBUS, NN.

Fund of Funds Aberdeen, Franklin Templeton, Townsend, Kames,

Hermes, TKP.

Listed Securities

LPs

JP Morgan, Blackrock, Wellington, Cohen & Steers,

Calvert, AEW, CBRE Clarion, Morgan Stanley, Heitman,

Pressima, Northern Trust, AEGON, AXA IM.

Direct Portfolios OMERS, OTTP, Ivanhoe Cambridge, HOOPP.

Core Morgan Stanley, Blackrock, UBS, JPMorgan, CBRE, NYLife,

PGIM, Harrison Street, Invesco , Blackstone, Heitman,

Clarion, AEW, LaSalle, Principal, Nuveen, AXA IM.

Value Add UBS, PGIM, Lendlease, Hermes, AEW, Blackrock, Aberdeen,

USAA, Tishman, Schroeder, Colony Northstar.

Opportunistic GTIS Partners, Tishman, PGIM, Europa Capital, Harrison

Street, CIM Group, JPMorgan, CBRE Investors, Radius

Group.

Listed REITs Kilroy, Welltower, Alexandria, Boston Properties, Castellum,

AEON, British Land, Digital Realty, Simon, Forest City,

Prologis, Vornado, Nippon, Riocan, Unibail.

Real Estate associations

Data / Service Providers

Industry

associations

EPRA, GBCA, NAREIT, ANREV, APREA, 2Dii,

DGBC, OID, NABERS, PREA, REALPAC, BBP, ULI,

BOMA, RICS.

Certification

bodies

BRE, GBCA, USGBC, other GBCs.

Strategic

alliances

PRI, GRI, CDP

Service

providers

CBRE, Delos, JLL, Schneider Electric, WSP,

Yardi, Cushman & Wakefield, EY, PwC, Envizi,

Paia, S&P, Savills, Verdani, Greengage, RE

Tech Advisors.

Data

providers

CodeGreen, CarbonCredentials, EVORA, Goby,

Measurabl, LORD Green, Yardi, Verco,

Siemens, Arc.

reporting benchmarking

Investors(e.g., pension funds)

Public market(e.g., equities, REITs)

Private market(e.g., funds)

Asset market(e.g. buildings, projects)

M a p p i n g t h e l a n d s c a p e

A s s e s s m e n t c o m p o s i t i o n

2020 structure

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ASSESSMENT COMPONENTS

ASPECTS

MANAGEMENT

DEVELOPMENT

PERFORMANCE

Leadership

Policies

Risk Management

Reporting

Risk Assessment

Targets

Stakeholder

Engagement

Tenants & Community

GHG

Energy

ESG Requirements

Water

WasteBuilding Certifications

Energy

Materials

Stakeholder

Engagement

Water

Waste

Building Certifications

Data Monitoring &

Review

R e a l E s t a t e B e n c h m a r k ( o p e r a t i o n a l p o r t f o l i o s )

Issues contribute differently to the Overall Score based on their materiality

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D e v e l o p e r B e n c h m a r k ( d e v e l o p m e n t p o r t f o l i o s )

Issues contribute differently to the Overall Score based on their materiality

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Roxana IsaiuDirector Real Estate

r.isaiu@gresb.com

+31 20 774 0220 – office

+31 68 615 1422 - mobile

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BNP PARIBAS REIMYOUR REAL ESTATE EXPERT

TRULY EUROPEAN

With more than 350 employees in eight countries.

This gives us a deep knowledge of Europe’s

diverse markets and the expertise to manage real

estate investments of varying scale and

complexity.

B N P P A R I B A S R E A L E S T A T E

I N V E S T M E N T M A N A G E M E N T

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W E A R E E U R O P E A N I N O U R I N V E S T M E N T

F O C U S A N D G O V E R N A N C E

BNP Paribas REIM

invested in 17 countries

BNP Paribas REIM

with 9 offices

€ 30.1bn Assets under Management

Number of Assets under Management:

1,600

€ 5.0bn

Transactions secured in Europe in

2019

Invested

in17Countries

ONE OF THE LARGEST REAL ESTATE INVESTMENT

MANAGERS FOR TAILORED INVESTMENT SOLUTIONS

IN EUROPE.

> 50 Years of expertise

140 000 Individuals investors

+ 95 Portfolios/Funds

220 Institutional clients

OUR INVESTORS & ASSETS

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B N P P A R I B A S R E A L E S T A T E

I N V E S T M E N T M A N A G E M E N T

34%

31%

34%

Institutional Funds & Club Deals

Funds for Private Investors

Institutional Separate Accounts

89%

11%

Core / Core +

51%

7%4%

3%

29%

1%5%

Offices RetailLogistics HealthcareMix Hotel and LeisureResidential

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TYPE OF

INVESTORS/STRUCTURERISK PROFILE ASSET CLASSES

BNP PARIBAS CSR STRATEGY AT PRODUCT LEVEL

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B N P P A R I B A S R E A L E S T A T E

I N V E S T M E N T M A N A G E M E N T

BNP Paribas Group and

BNP Paribas RE

BNP Paribas REIM

Our Funds & Portfolios

CSR Strategy based on 4 Pillars:

Economic, Environmental,

Social and Civic Responsibility

BNP Paribas REIM CSR Objectives

linked to BNP Paribas RE’s

CSR Strategy

“Inspire Real Estate 2020”

ESG Strategy tailored to the need of

the clients from Best in Progress

to Best in Class

12 Objectives aligned to the

Sustainable Development

Guidelines agreed by

the United Nations

CSR Objective:

ESG as integral part of Investment

and Asset Management: Portfolio

Construction driven towards

Sustainable Assets

At each individual asset and/or for

the overall portfolio using objectives,

scoring tools and measurement

versus targets and benchmarks

CSR Reporting meeting our

stakeholder’s requirements at all

levels: Investors, Tenants,

Regulatory

Authorities and Business Partners

Group Policy excluding Sensitive

Business Sectors such

as Nuclear Energy and Defense

Certifications, Labels and

Standard for portfolios and assets

OUR ESG STRATEGY

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B N P P A R I B A S R E A L E S T A T E

I N V E S T M E N T M A N A G E M E N T

Collect & measure

Monitor & improve data

collection of all ESG data

Benchmark

Drive ESG Integration

Screen new investments &

Prepare action plans &

setup clear objectives for

existing assets

Analyze progress /

impact & communicate

B N P P A R I B A S R E A L E S T A T E

I N V E S T M E N T M A N A G E M E N T

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www.reim.bnpparibas.com

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ESG & REAL ESTATE Q&A

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