Global Real Estate Engagement Network

“Together with other Institutional investors we join forces in the Global Real Estate Engagement Network (GREEN) to accelerate sustainability in the real estate sector and thus reduce our financial risk and contribute to the Paris-agreement” -Pensioenfonds Detailhandel-

GREEN

Power & efficiency of collaboration
Real world impact on sustainability
Manage climate risks
Reduce negative impact
Comply with legislation & commitments

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Why GREEN?

Despite being responsible for 30-40% of global carbon emissions and exposure to significant physical and transition risks, the real estate sector is not on track to manage these risks effectively. Investors in real estate therefore run significant unmanaged and unrewarded financial risk and contribute to negative impact. It is relatively easier to decarbonize real estate, as compared to other sectors, without major impact on business models and with many profitable or risk reducing sustainability measures available. While these factors contribute to the likelihood of successful investor engagement, the sector remains largely under-engaged. The Global Real Estate Engagement Network (GREEN) was set up to allow its members to improve both, their financial risk management and real world impact, in a very cost effective way.

Global share of energy consumption by sector

What are GREEN’s ambitions?

Our ambitions are aligned with the investor expectations of the Institutional Investors Group on Climate Change (IIGCC), a € 37 trillion investor coalition. GREEN focuses on both listed and non-listed real estate funds and companies and engages on financially material topics in the real estate sector, as defined by the Sustainable Accounting Standards Board: These include energy & carbon emission reduction along with physical climate risk management & adaptation.

Why should I become a member?

Why asset owners join GREEN

You don’t have an engagement team yourself but still want to fulfil your active ownership commitments and ensure that the real estate companies and funds you invest in manage their climate risks appropriately? No problem. GREEN acts as your external engagement provider and enters into discussions with real estate companies, funds and industry bodies on our members’ behalf and reports results and progress to you. Our focus in these conversations is on improving sustainability performance and climate risk management. Our experts will give substance to your financial- and negative impact risk management along with your stewardship policy.

Why asset managers join GREEN

Do you have your own team with sustainable real estate engagement activities? GREEN helps to increase your influence, broaden your scope and strengthen your voice as a member of a global collaboration network. GREEN coordinates and expands the coalition and helps its members with collective investor statements, defining common interest and, if required, assistance with the engagement efforts. GREEN also represents collective investor interest in industry bodies and data/benchmark organizations. Members open to sharing their own engagement efforts within the network will also receive a report on the combined engagement activity of all such members.

Benefits?

  • Efficiency of scale
  • Power of collaboration
  • Membership of a global coalition

Benefits?

  • More effective engagement through collaboration
  • Combine activities for cost efficiency
  • Contribute to industry-body and policy advocacy

Why asset owners join GREEN

You don’t have an engagement team yourself but still want to fulfil your active ownership commitments and ensure that the real estate companies and funds you invest in manage their climate risks appropriately? No problem. GREEN acts as your external engagement provider and enters into discussions with real estate companies, funds and industry bodies on our members’ behalf and reports results and progress to you. Our focus in these conversations is on improving sustainability performance and climate risk management. Our experts will give substance to your financial- and negative impact risk management along with your stewardship policy.

Benefits?

  • Efficiency of scale
  • Power of collaboration
  • Membership of a global coalition

Why asset managers join GREEN

Do you have your own team with sustainable real estate engagement activities? GREEN helps to increase your influence, broaden your scope and strengthen your voice as a member of a global collaboration network. GREEN coordinates and expands the coalition and helps its members with collective investor statements, defining common interest and, if required, assistance with the engagement efforts. GREEN also represents collective investor interest in industry bodies and data/benchmark organizations. Members open to sharing their own engagement efforts within the network will also receive a report on the combined engagement activity of all such members.

Benefits?

  • More effective engagement through collaboration
  • Combine activities for cost efficiency
  • Contribute to industry-body and policy advocacy

References

We joined this initiative to further develop our active ownership activities, to contribute to adequate financial climate risk management by the real estate funds we invest in and reduce the negative impact of our investments.
Anita JoostenCIO
Real estate is responsible for over 30% of greenhouse gas emissions. The GREEN network gives us the power of a coalition to push for more sustainability.
Wiebe Hofstra Manager Balans- en Vermogensbeheer
Our Real Estate managers are incorporating ESG in their investment processes. However, by joining GREEN together with other pension funds, we encourage them to take even bigger steps in reaching the Paris Agreement Goals.
Frans DoorenCEO/CIO

Yes, please send me more information about GREEN

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4 reasons to collaborate within GREEN

Real estate specialists

We work with real estate investment specialists: The engagement partners of GREEN have been active for years as real estate investors or advisors to institutional investors.

Evidence based

We are evidence based: Prof. Piet Eichholtz and Prof Kees Koedijk, co-founders of the network, are leading academics in the field of investments, real estate and sustainability.

Sustainable investing

We are sustainable investing specialists: The partners of GREEN have worked with numerous institutional investors on their sustainability policy and implementation in all asset classes.

Engagement specialist

We know how to engage: GREEN partners have extensive experience with engagement on both listed and non-listed real estate funds.

Our team

 Vincent van Bijleveld
Vincent van Bijleveld
Bas van den IJssel
Bas van den IJssel
Prof. Piet Eichholtz
Prof. Piet Eichholtz
Bart-Jan Brouwer
Bart-Jan Brouwer
Prof. Kees Koedijk
Prof. Kees Koedijk
Annemiek Kleinheerenbrink
Annemiek Kleinheerenbrink
Thomas Heijdendael
Thomas Heijdendael
Okan Yilmaz
Okan Yilmaz
Wouter Geerlings
Wouter Geerlings
Wietse de Vries
Wietse de Vries
Kruthika Jerome
Kruthika Jerome
Jerôme Mans
Jerôme Mans

Contact us

Vincent van Bijleveld
Vincent van BijleveldSustainable investment director and senior advisor
  • By submitting this form you agree to our privacy statement. After sending this form, only the data that you enter above will be stored and processed; no other information is collected.

  • This field is for validation purposes and should be left unchanged.