Responsibility

Responsibility

Aermont seeks to incorporate environmental, social and governance (ESG) commitments across its activities and on behalf of the funds. Such commitments constitute good business by bringing to bear diverse opinions and experiences, mitigating various risks and enhancing value, as the funds seek to generate high-quality, innovative and sustainable assets for investors, tenants, employees and other stakeholders.

Aermont is a signatory of the UN Principles of Responsible Investment and participates in GRESB to demonstrate transparency and performance across ESG dimensions. In 2020, two Aermont funds reported: both achieved GRESB Green Stars and outperformed global and regional averages positioning them among the top ten opportunistic investors worldwide for a second consecutive year.

Environmental certifications already awarded, or reasonably expected, for various investments made by the funds to date include: BREEAM Excellent, DGNB Gold, DGNB Silver, HQE Excellent, BBC, LEED Platinum and LEED Gold. Aermont has also taken steps to monitor, evaluate and reduce the environmental impact of its standing investments by collecting performance data that complies with international guidelines and implementing best practices for energy, greenhouse gas emissions, water and waste management.

For Aermont’s operating businesses, an ESG Roadmap has been introduced which provides a framework for engagement between Aermont and the businesses as they develop their sustainability strategy, measure performance, identify improvements and collaborate with users of the properties and local community. The Roadmap includes targets for standing assets to reduce energy and GHG emissions intensity and water consumption by 5% respectively from 2015-2020. These targets are currently under review.

Aermont’s team comprises a diverse group of professionals representing over ten nationalities, with a variety of skills, expertise and experience, as well as geographic and cultural backgrounds.

Strong governance and discipline are foundations of Aermont’s investment approach. Key principles include, among others: (i) skilled and dedicated professionals, (ii) transparency, (iii) the prioritisation of capital preservation, (iv) rigorous investment and operational policies and procedures, (v) strong alignments of interest, and (vi) appropriate independence for certain key functions.

 We are committed to engaging with the communities in which we operate. As part of this effort, we have donated to a number of charities supporting disenfranchised youths, as well as those directly impacted by the Covid-19 pandemic.

 

Sustainable Finance Disclosure Regulation

Regulation (EU) 2019/2088 of the European Parliament and of the Council of 27 November 2019 on sustainability‐related disclosures in the financial services sector (the “Sustainable Finance Disclosure Regulation”) came into force on 10 March 2021. To comply with its obligations under the Sustainable Finance Disclosure Regulation, Aermont Capital Management S.à.r.l. has published the following disclosures which contain certain information regarding its approach to the integration of sustainability risks and the consideration of adverse impacts on sustainability factors.