Greenman Investments | Esg Responsibility

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.

While Greenman does not have, as its objective, a sustainable investment, we do promote environmental and social characteristics making ESG factors an integral part of the investment and development process; with the potential to increase the value of our investment portfolio, reduce exposure to risk, and play an important part in ‘future-proofing’ assets.

Download Principle Adverse Impacts Statement

To follow Greenman’s ESG Framework and meet its ESG goals we intend to target the following environmental and social characteristics:

Our Sustainable Environmental Targets

2023: Calculation of the OPEN portfolio’s total carbon footprint
2035: We will only acquire carbon neutral retail centres
2040: The OPEN portfolio will be EU Taxonomy aligned to c. 20% of NET Zero goals

5by25

To demonstrate the positive financial impact ESG and non-rental income initiatives will have on GMO’s performance we have set ourselves the target, that by 2025, 5% of the fund’s annual revenue will be generated from non-rental income initiatives.

These initiatives will include, but not be limited to, the environmental and social activities listed below.

Reduction in Energy Consumption

Renewable Energy Generation

Smart Buildings

Artificial Intelligence Investment

Sustainable Food Production

Localised Supply Chain

Charity & Education

Governance

The General Partner (GP) of Greenman is responsible for the implementation of the fund’s offering document and is overseen by a Board committed to high standards of corporate governance. The GP has also appointed a Management Company, a Depositary and an Administrator to ensure strong governance and effective oversight.