SUSTAINABILITY
Prosper
over time
We believe that forward-thinking, sustainability-oriented companies that excel along a broad spectrum of ESG considerations should be rewarded with a lower risk premium than peers with a more short-term, less responsible orientation.
Smart, responsible investing
At Presima, we believe that investing in sustainability-oriented companies can deliver better social and investment outcomes for our clients. Consequently, we have been committed to incorporating ESG factors in our investment solutions since 2006. The below timeline highlights key elements along our ESG integration journey.
Integrated factors into financial analysis
Governance factors are imbedded in our proprietary valuation model providing a better cost of equity profile
Became UN PRI Signatory
We made a commitment to ESG practices and made them an integral part of our corporate policy
Became active member of GRESB
We were one of the first investment managers to join GRESB
Augmented ESG coverage
100% companies of our investment benchmark now have a proprietary ESG rating in our models
Managing ESG Strategy
Leveraging our knowledge of ESG factors to manage ESG-focused strategy for our clients
Expanding our expertise to other asset classes
ESG integration process expanded to Listed Infrastructure and launch of Real Assets ESG Fund
As a long-time signatory of the United Nations Principles for Responsible Investment (PRI), we adopted a Responsible Investment Policy that is one of the guiding principles in our investment process for all assets under management. As part of this policy, we have developed an ESG Screening Policy which is applicable for all assets under management at Presima.
Integration
How ESG considerations inform Presima’s investment research process
Presima usually has a medium or long-term investment horizon. It therefore intends to monitor and to contribute to the profitability of the companies in which it invests. Its contribution is intended to be constructive by targeting first and foremost a common objective – the success of the companies – and, consequently, an optimal financial return and security of investors’ capital.
Presima believes that there is a positive link between ESG performance and financial performance in real estate. As such, ESG considerations are factored alongside more conventional financial indicators into every security valuation to capture a holistic view of a potential investment’s risk profile.
View our Integration ProcessEngagement Philosophy
Presima’s engagement philosophy is anchored in the spirit of collaborative relationships and reinforces our commitment to uphold Principle 2 of the United Nations Principles for Responsible Investment (UN PRI): “We will be active owners and incorporate ESG issues into our ownership policies and practices”.
View our Engagement PolicyProxy Voting
It is important for Presima to have the tools and means that are essential to its role as a global investment management firm. A policy governing the exercise of voting rights is an excellent communications vehicle. It enables Presima to take into account its responsibilities with regard to the funds it manages and with regards to the interests of its clients. It also serves to add value to the capital stock of companies and make a lasting contribution to their growth for the benefit of all their shareholders and of the communities in which such companies operate.
View our Proxy Voting PolicyClimate Change
Presima views climate change as a serious threat to communities, businesses, and ecosystems around the world. Thus, we seek to support climate change action by aiming to understand the potential physical effects of climate change, as well as potential opportunities arising from the transition to a low-carbon economy, in the overall investment decision process.
In pursuing its investment activities and a responsible investment approach, Presima believes that climate risk factors are material and can have an impact on long-term financial returns. As such, we believe that climate disclosures are relevant and necessary in the overall investment decision process.
This Climate Policy is applicable for all assets under management (AUM) at Presima.
View our Climate PolicyPresima publicly supports the Paris Agreement
Presima is exploring pathways and is committed to establishing a roadmap to align its portfolio with the Paris Agreement.
Presima is committed and is currently in the process of assessing the exposure of its portfolios to climate risk.
To ensure the profitability of the companies it invests in, Presima also intends on engaging with company leadership teams about their intentions and ambitions and advancements related to climate risks and opportunities.
This conversation will be centered around the need for sustainable, climate-ready business strategies that increase both societal and financial value.
Presima has also begun engaging with its own clients about climate considerations.
Finally, Presima envisions establishing a process to regularly and systematically report on its progress on its climate goals to its clients.
Presima also publicly support TCFD since December 2020.
View our TCFD Report
Corporate ESG
Mission Statement
As a global REIT investment manager, we believe that to prosper over time we not only need to create better financial futures for our clients but also make a meaningful contribution to the society in which we live and work. We are committed to ESG values and seek to make a positive impact in the industry by incorporating sustainability into:
- The investment solutions offered to our clients
- The well-being and inclusion of our employees
- Our business operations
- Our community and the planet
Values
Our corporate values are embedded in four pillars:
- Reduce our carbon footprint
- Integrate ESG risk
- Engage with REITs on climate risk initiatives
- Attract and retain talent from different backgrounds
- Promote diversity and equality of opportunities
- Promote work-life balance
- Promote social responsibility
- Encourage community involvement
- Encourage sustainable businesses
- High standards of corporate governance
- Manage client satisfaction & loyalty
- Promote responsible investing
