Hermes grows its leadership in sustainable investment

Hermes Investment Management, the £29.8 billion manager focused on delivering superior, sustainable, risk adjusted returns to its clients – responsibly, has grown on its already recognised position as a leader in sustainable investment gaining five GRESB Green Stars in the 2015 awards.

The Global Real Estate Sustainability Benchmark (GRESB) is a leading source of portfolio-level sustainability data for the real estate industry that covers around $5.5 trillion in assets under management.

The honour builds on the recognition Hermes Investment Management received at last years’ awards when the fund manager received four GRESB Green Stars. Hermes Property Unit Trust was among the funds receiving recognition while Hermes Investment Management and AustralianSuper’s Centre:mk shopping centre in Milton Keynes was also awarded.

Chris Taylor, Chief Executive, Hermes Real Estate, said: “Responsible, sustainable investment has sat at the heart of our strategy for many years now and will continue to do so for the foreseeable future. This approach delivers tangible socio-economic benefits for society at large and is also a sensible business decision. It increases long-term value across our property portfolio, ensuring we can deliver ethical returns that meet and exceed client expectations.”

Tatiana Bosteels, Head of Responsible Property Investment at Hermes Real Estate, added: “Having always approached sustainability in the widest sense of the word, we pride ourselves at Hermes on being ahead of the curve in delivering a truly responsible and sustainable investment strategy. Our ‘Responsibility in Practice’ 2015 report shows in detail the procedure and tools used to deliver this performance. We are pleased to be able to demonstrate our performance compared to our peers through the GRESB awards.”