Real Estate Investor Altera Vastgoed NV (hereinafter: Altera) has received the assessment results from the UN Principles for Responsible Investment (UN PRI). UN PRI awarded Altera with top scores (A+) for both its Strategy & Governance and Property approach to responsible and ESG investing. This result further acknowledges the efforts made by Altera in the field of responsible investing (RI).
Jaap van der Bijl, Chief Executive Officer: “We are pleased and proud to see that UN PRI acknowledges our efforts to integrate responsible investing criteria in our entire investment process. This double A+ rating encourages us to continue on our path towards delivering investment solutions with a positive impact which also create benefits to society. The UN PRI results are in line with our top scores in the GRESB benchmark and come on the back of winning the Global GRESB/Breeam Award for most responsible investment earlier this year.”
Rudy Verstappen, Research Manager ESG: “Even after this double A+-score, we are convinced there are opportunities for improvement. For example, we are evaluating the way ESG-factors are integrated in our fund documentation and lease agreements. Also, in 2020 we have joined the UN Global Compact initiative (UN GC) to further integrate human and labour rights into our business and are working on improving our climate mitigation and climate adaptation strategies.”
Altera is a UN PRI-signatory since 2017 and has been frontrunner in Responsible Investing and ESG since the mid-2000s. Our ambition is based on the conviction that the real estate industry is especially well placed to enhance further ESG-integration and corporate governance in investment decisions to benefit all of our stakeholders, including society as a whole.
The PRI is the world’s leading proponent of responsible investment and is supported by the United Nations. It works to understand the investment implications of ESG factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership practices. The PRI is fully independent and acts in the long-term interests of its signatories, and of the financial markets and economies in which they operate. It ultimately supports the interests of the environment and society as a whole.