Introduction
The Real Estate business line of Schroders Capital has managed real estate funds since 1971. It is headquartered in London with offices across Europe, Asia and North America, and currently has $32.6 billion of real estate assets under management (June 2023) globally.Sustainable Investment
It is our responsibility as real estate investors to understand the environmental, social and economic impacts and their value potential to our investments in order to deliver resilient, long-term returns and to manage exposure to material risks. Sustainability is therefore integral to all stages of our real estate investment process. We are evolving our investment philosophy to incorporate “positive impact” investing moving beyond ESG to proactively seek to improve situations.
We believe that a sustainable, Real Estate with Impact investment programme should deliver:
- Enhanced long term returns for our clients
- Contribute to our tenants’ business performance and
- Deliver positive impacts to communities, the environment and society for the long term
Our Net Zero Carbon Commitment
In 2019 the Real Estate division of Schroders Capital, with other members of the Better Buildings Partnership (BBP), recognised the need to encourage the Real Estate Industry to address its carbon impact: real estate is widely considered to be responsible for c. 40% of global carbon emissions.
The BBP Member Climate Commitment was drafted and in September 2019, alongside other BBP Members, Schroder Real Estate made the commitment to achieve Net Zero Carbon by 2050, the first stage is for members to issue a Net Zero Carbon Pathway during 2020.
View our Net Zero Carbon Pathway here
Our three pillars of Impact
We are progressing our investment philosophy so it incorporates “positive impact” investing. This moves beyond ESG because it seeks to proactively take action to improve situations. To achieve this, we have aligned our key impact pillars to the UN Sustainable Development Goals and use these pillars to consider impacts for funds and assets.
The 2030 Agenda for Sustainable Development, adopted by all United Nations Member States in 2015, provides a shared blueprint for peace and prosperity for people and the planet, now and into the future. At its heart are the 17 Sustainable Development Goals (SDGs), which are an urgent call for action by all countries - developed and developing - in a global partnership.
Sustainability awards
GRESB Member since 2011. In 2023, 20 of our UK, Europe and Asia funds participated in the GRESB survey, of which 7 funds achieved a 5 star rating.
Sixth consecutive year EPRA Gold Award for the Schroders Real Estate Investment Trust (SREIT) Sustainability Report.
We have been a signatory to the UNPRI since 2007, our latest 2021 scores were 4 and 5 stars across all modules in the new reporting structure, with a 4 star rating for Direct – Real Estate; (the range is from 1-5 stars, with 5 being the top score). Our public transparency report is available here: https://ctp.unpri.org/dataportalv2/transparency. The PRI are expected to release the 2023 reporting outputs in December 2023.