Our Sustainability Responsibility
Achieving the goal of environmental sustainability in urban development is a pressing issue, both today and in the future. We recognise the importance of working towards sustainable goals and we believe that the fund’s Environmental, Social and Governance (ESG) framework is an important and binding factor in creating long-term value for not only our investors but also for society.
As a result, in March 2021, Greenman classified both Greenman OPEN (OPEN) and Greenman European Supermarkets (GES) as Article 8 funds as defined by the Sustainable Financial Disclosures Regulation (SFDR), and on that basis promotes environmental and social characteristics of their properties and other investments.
In 2022, Greenman put in place a NET Zero plan which when complete will reduce OPEN’s portfolio’s NET carbon emissions to zero (the Net Zero Pathway).