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ABERDEEN STANDARD INVESTMENTS TOPS THE CHART FOR GREEN REAL ESTATE CREDENTIALS

11 Sep 2019

Global asset manager, Aberdeen Standard Investments (ASI) has been awarded 33 ‘Green Stars’ for strong environmental, social and governance (ESG) performance across the real estate funds it manages. The ‘Green Stars’ were achieved in the 2019 GRESB Real Estate Assessment - this is amongst the highest number of stars awarded to any participant this year and seven more than ASI had last year.

GRESB has become the global ESG benchmark for real estate and infrastructure investments covering over $4.1 trillion of assets worldwide. It measures a fund’s ESG performance, awarding Green Stars for reaching an absolute level of performance and a score out of five for performance relative to other participants. Four of ASI’s funds were awarded Five Star status, placing them in the top 20% of its peers. Additionally, three of ASI’s funds achieved ‘Sector Leader’ status meaning they have the highest ESG performance of their peer group.

GRESB is one important part of how ASI measures and benchmarks ESG performance. Recognising that measurement should further reflect the complexities and differences of real estate portfolios, ASI has recently launched a new ESG Impact Dial tool. This allows performance and measurement to be tailored to a Fund’s specific requirements and characteristics.

David Paine, Global Co-Head of Real Estate, commented: “We are very pleased with this years’ performance which once again represents an impressive set of scores. For a number of years we have focused on enhancing our ability to communicate our ESG performance to clients and the wider industry. As a result, we have recently launched a new bespoke tool - the ESG Impact Dial, which is the first of its kind in the real estate asset management industry. It gives us the unique ability to tailor investors’ ESG aspirations and to fully integrate these into real estate management. ESG in real estate is complex and diverse. Our innovative approach means that one size no longer has to fit all – and our GRESB results validate our approach.”

Pertti Vanhanen, Global Co-Head of Real Estate added: “The strong track record we now have with GRESB endorses our commitment to sustainable, social and environmental principles, which are firmly embedded in our real estate operations and investment across the business. Not only does this deliver better financial outcomes and investment performance for our clients and tenants, but we have achieved improved environmental and social outcomes. Our aim is to create a positive society from the built environment, providing the places where people want to live, work, shop and enjoy life. We will continue to drive this agenda forward, making further improvements in our real estate business.”

Ends

Media enquiries
Debbie Cowe
0131 372 1821
debbie.cowe@aberdeenstandard.com

Notes to editors

  • Aberdeen Standard Investments is a global asset manager dedicated to creating long-term value for our clients, and is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments. With over 1,000 investment professionals, we manage £525.7 billion of assets worldwide. We have clients in c.80 countries supported by 50 relationship offices. This ensures we are close to our clients and the markets in which we invest. (*as of 30 June 2019)
  • We are high-conviction, long-term investors who believe teamwork and collaboration are the key to delivering repeatable, superior investment performance.
  • Standard Life Aberdeen plc is headquartered in Scotland. It has around 1.2 million shareholders and is listed on the London Stock Exchange.
  • You can access the Aberdeen Standard Investments media centre here: lhttps://www.aberdeenstandard.com/news-and-media

Real Estate

Notes to editors

  • Aberdeen Standard Investments is one of Europe’s largest real estate investment managers, managing £42.5 billion of real estate assets across UK, Europe and Asia. Our dedicated team of 270 real estate investment professionals manages more than 1,600 real estate assets worldwide, and are based in 19 offices (including London, Edinburgh, Frankfurt, Paris, Stockholm, Copenhagen, Amsterdam, Hong Kong, Singapore, Boston. (31 March 2019)
  • Aberdeen Standard Investments is a global asset manager dedicated to creating long-term value for our clients, and is a brand of the investment business of Aberdeen Asset Management and Standard Life Investments. With over 1,000 investment professionals, we manage £519.4 billion of assets worldwide. We have clients in 80 countries supported by 50 relationship offices. This ensures we are close to our clients and the markets in which we invest. (as of 31 March 2019)
  • We are high-conviction, long-term investors who believe teamwork and collaboration are the key to delivering repeatable, superior investment performance.
  • You can access the Aberdeen Standard Investments media centre here: https://www.aberdeenstandard.com/news-and-media

Important Information


The value of investments, and the income from them, can go down as well as up and you may get back less than the amount invested. Past performance is not a guide to future results. Tax treatment depends on the individual circumstances of each investor and may be subject to change in the future. We recommend that you seek financial advice prior to making an investment decision.

Aberdeen Standard Investments is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments.

The details contained here are for information purposes only and should not be considered as an offer, investment recommendation, or solicitation to deal in any investments or funds and does not constitute investment research, investment recommendation or investment advice in any jurisdiction. Any research or analysis used to derive, or in relation to, the above information has been procured by us for our own use, without taking into account the investment objectives, financial situation or particular needs of any specific investor, and may have been acted on for own purpose. No warranty is given as to the accuracy, adequacy or completeness of the information contained in this communication and no liability for errors or omissions in such information. Readers must make assessments to the relevance, accuracy and adequacies of the information contained in this communication and make independent investigations, as they may consider necessary or appropriate for the purpose of such assessments. Any opinion or estimate contained in this communication, are made on a general basis. No information contained herein constitutes investment, tax, legal or any other advice, or an invitation to apply for securities in any jurisdiction where such an offer or invitation is unlawful, or in which the person making such an offer is not qualified to do so.

United Kingdom issued by Aberdeen Asset Managers Limited. Authorised and regulated by the Financial Conduct Authority in the United Kingdom. Registered Office: 10 Queen’s Terrace, Aberdeen AB10 1XL. Registered in Scotland No. 108419.

Standard Life Investments companies: Standard Life Investments Limited is registered in Scotland (SC123321) at 1 George Street, Edinburgh EH2 2LL. Standard Life Investments Limited is authorised and regulated in the UK by the Financial Conduct Authority.

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