The property investment industry is playing an ever more prominent role in people’s lives in many ways. 

Property has always played an important part in investment portfolios, historically as a diversifier against equities and bonds, but in recent years its role as a provider of income in a low-interest-rate, low-bond-yield world has come to the fore.  As a major consumer of energy and emitter of carbon dioxide, property has a prominent role to play in combating climate change.

REAL ESTATE

Property is responsible for around 40% of UK carbon emissions and creates the environment in which we live, work and play.  Property funds therefore have a crucial role to play in the ESG agenda.

Environmental:

Through initiatives such as GRESB, which AREF supports, real estate is in a leading position among investment asset classes with regard to measuring and managing environmental impact.  AREF will be working with GRESB, members and other partners to consolidate our industry’s position as a leader in this field.

Social:

Property has a profound effect on people’s lives through architecture, the design of buildings and public spaces, and the training and development of its own employees.  This is likely to become even more important during the “build back better” phase of the recovery from COVID-19, particularly in High Streets and town centres. 

Governance:

AREF is a leader in fund governance and transparency through its Code of Practice (Code).  We are working on refining the Code and making it more principles and outcome-based rather than rules-based.

 

Click to read more on how property funds play a crucial role in the ESG agenda...

With reduced access to mortgage finance and home ownership since the Global Financial Crisis, and with the consequent growth in long term renting and the expansion of the PRS sector in the UK, customers of property fund managers are no longer just companies.  An increasing number are individuals and families living in their long term homes.  

As technology changes the way that real estate is used, be it homeworking affecting the amount and layout of office space used, or on-line shopping radically changing the high street, the industry is instrumental in reshaping these parts of our built environment. 

For these and other reasons investors are increasingly scrutinising the social and environmental impact of investments independently of their financial performance.  Indeed this can be a deciding factor in an investment choice.  AREF and its members have been actively involved in these issues for a long time. 

ESG News:

13 Apr 2022

ESG Metrics for Real Estate

Member only content
06 Apr 2022

Sustainable Finance Disclosure Regulation (SFDR)

Member only content
04 Apr 2022

ESG Ratings and Data Providers

31 Mar 2022

RICS launch their UK Commercial Real Estate Impact Report

16 Mar 2022

Sustainable finance and climate change disclosures

11 Feb 2022

BBP - ESG Training Course for Real Estate Professionals & BBP Climate Commitment

01 Feb 2022

AREF becomes member of The Academy of Real Assets

11 Jan 2022

IPE article - Regulation: Shaping the TCFD metrics for commercial real estate

07 Jan 2022

FCA – Sustainability Disclosure Requirements and investment labelling

07 Jan 2022

Climate analysis: submit data for the UKPFI pilot!

07 Jan 2022

DWP – Climate and investment reporting

06 Jan 2022

TCFD Reporting - news from the Investment Association

Member only content
04 Jan 2022

FCA consultation on enhancing climate-related disclosures

14 Dec 2021

ESG & Impact Investing Committee - Update

23 Nov 2021

Post-event materials: TCFD webinar: enhancing climate-related disclosures

19 Nov 2021

Article in EGI: The ABCs of ESG for Resi

17 Nov 2021

IA event - Data challenges & opportunities with EU Taxonomy and SFDR Regulations

16 Nov 2021

MEEs & EPCs

10 Nov 2021

IPE article - Opinion: Ensure the right ESG metrics are applied to commercial property

18 Oct 2021

Post-event materials - CRREM Analysis Roundtable for AREF Members - 18th October 2021

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ESG & Social Impact Investing Committee

The AREF ESG & Impact Investing Committee aims to work with AREF members to promote and raise awareness of ESG & impact investing best practice across the real estate fund management sector. 

Past ESG Event Materials

23 Nov 2021

Post-event materials: TCFD webinar: enhancing climate-related disclosures

18 Oct 2021

Post-event materials - CRREM Analysis Roundtable for AREF Members - 18th October 2021

Member only content
01 Sep 2021

Post-event materials - Webinar: FCA CP21/17 Enhancing climate-related disclosures - 1st September 2021

28 Apr 2021

Post-event materials - AREF Property Investors' Voice - April 2021

30 Nov 2020

Net Zero: from Ambition to Reality - Webinar Summary

25 Nov 2020

The AREF Sustainability Series

Member only content
25 Nov 2020

Recording: AREF Sustainability Series - Event 1 - Net Zero Real Assets: from Ambition to Reality

Member only content
24 Sep 2020

Post-event materials - Social Impact Investment and the risk premium for Real Estate? - 24th September 2020

22 Sep 2020

Event Summary - Wellness in the Living Space - 22nd September 2020

Member only content
22 Sep 2020

Post-event materials - Wellness in the Living Space - 22nd September 2020

Member only content
16 Jul 2020

Post-event materials: Member Discussion on Industry Consultation ‘ESA’s ESG Disclosure'

02 Jun 2020

Watch: Social Impact Investing - Joint event from AREF & IPF - 2nd June 2020

25 Nov 2019

Social Impact Investing Event: Promotional Video - November 2019

Member only content
21 Nov 2019

Slides from AREF IPF joint event on Social Impact Investing - November 2019

21 Nov 2019

Post event summary: Social Impact Investing – UK Real Estate

Member only content
21 Nov 2019

AREF/ IPF Social Impact Investing event: Full Video - October 2019

12 Nov 2019

Post event summary: How does Climate change affect our portfolios? Joint AREF FutureGen/BPF Futures Event - 7 November 2019

Member only content
12 Nov 2019

Slides from AREF FutureGen/BPF Futures event on Climate Change - 7 Nov.pdf

12 May 2022

Post-event summary: Tax webinar - Qualifying Asset Holding Companies - 6th May 2022

Member only content
11 May 2022

Enabling DC pensions schemes to invest in illiquid assets

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13 Jul 2021

GRESB

View how AREF Fund Members performed in the GRESB Real Estate Assessment in 2019 and 2020

16 Sep 2021

Net Zero Carbon

Watch the 10 minute podcast. LISTEN to ESG experts, LEARN how you'll be affected, WHY you should care and importantly, HOW TO PREPARE!

11 Feb 2022

BBP - ESG Training Course for Real Estate Professionals & BBP Climate Commitment

25 Aug 2021

TCFD (Task Force on Climate-related Financial Disclosures)

Watch the 10 minute podcast. LISTEN to ESG experts, LEARN how you'll be affected, WHY you should care and importantly, HOW TO PREPARE!

03 Sep 2021

SFDR & EU Taxonomy

Watch the 10 minute podcast. LISTEN to ESG experts, LEARN how you'll be affected, WHY you should care and importantly, HOW TO PREPARE!

16 Nov 2021

MEEs & EPCs

Watch the 10 minute podcast. LISTEN to ESG experts, LEARN how you'll be affected, WHY you should care and importantly, HOW TO PREPARE!

The AREF ESG 5 Year Roadmap

 

Featuring six exclusive short films on:

SFDR & EU Taxonomy
TCFD
Net Zero Carbon
MEES & EPCs
Impact
Scope 3 Emissions

Listen to ESG industry experts explain what each theme is, when you'll be affected, why you should care and importantly how to prepare!

 

 

Proudly sponsored by Sanne Group
In collaboration with Carbon Intelligence.

 

Related Links:
 

News Articles relating to ESG & Social Impact

Click to read news articles and resources relating to ESG

Past ESG Events

Click to view post-event materials from our past ESG events, organised by our ESG & Impact Investing Committee

ESG & Impact Investing Committee biographies

Our committee is made up of ESG industry experts, read full details here.

ESG & Impact Investing Committee - Committee Activity

Read what our ESG & II Committee have been working on recently.

Diversity & Inclusion

Diversity and inclusion is important to AREF and is one of our strategic priorities. Click to read more information on what we are doing.

 

For any queries relating to this, please do not hesitate to contact us by emailing info@aref.org.uk.