• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Keys To Responsible Property Investing
 

Keys To Responsible Property Investing

on

  • 1,136 views

This presentation is a short overview of the fundamental concepts of responsible property investing. Responsible Property Investing is expanding to include metrics that provide investors guidance on ...

This presentation is a short overview of the fundamental concepts of responsible property investing. Responsible Property Investing is expanding to include metrics that provide investors guidance on how to measure social responsibility within their portfolios and to compare social responsibility between different property portfolios.

Statistics

Views

Total Views
1,136
Views on SlideShare
1,129
Embed Views
7

Actions

Likes
1
Downloads
19
Comments
0

3 Embeds 7

http://www.slideshare.net 3
http://www.linkedin.com 3
http://staging.slideshare.com 1

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Keys To Responsible Property Investing Keys To Responsible Property Investing Presentation Transcript

    • RPI Helps Your Sustainable Business Case
      December 2009
    • What is responsible property investing & why is it relevant?
      The RPI principles
      Case studies in applying RPI
      Next steps and resources
      www.galleyecocapital.com
      2
      Overview
    • When you are judging different real estate investments or portfolio’s, how do you know if you’re doing a good enough job at evaluating the socially responsible opportunities that are being addressed with your capital?
      www.galleyecocapital.com
      3
      It’s green with market returns – that enough?
    • What is RPI?
      Definition of responsible property investing
      Principles of Responsible Property Investing
      UNEP - F.I.
      RPIC
      "RPI takes into account the social, ethical and environmental factors in the selection, retention and realization of investment, and the responsible use of rights attached to such investments."
      www.galleyecocapital.com
      4
    • Who is involved?
      Institutional real estate investors
      Kennedy Wilson
      Bay Area Council
      TIAA-CREF
      Rose Smart Growth Fund
      Financial institutions
      “Over 170 institutions, including banks, insurers and fund managers, work with UNEP to understand the impacts of environmental and social considerations on financial performance.” (UNEP-F.I.)
      Third party fund managers & consultants
      www.galleyecocapital.com
      5
    • Current real estate practice
      Current industry practice
      No uniform standard of assessment or reporting of ESG issues within property portfolios
      “Trophy” green properties featured on corporate brochures
      www.galleyecocapital.com
      6
    • www.galleyecocapital.com
      7
      Why is responsible property investing relevant?
      "There is a strategic link between investment and sustainability"
      Unable to compare investment portfolio's with ESG characteristics
      Green is not the same as triple bottom line
      Benchmarking & metrics important to demonstrate performance
    • www.galleyecocapital.com
      8
      Why is responsible property investing relevant?
      RPI provides feedback on ESG performance that can be compared over time and across portfolio’s.
    • The RPI Principles
      Energy conservation
      Energy use
      CO2 emissions intensity
      Environmental protection
      Total annual water use
      Solid waste generation
      water management fees
      Urban revitalization and adaptability
      Brownfield redevelopment
      Infill redevelopment
      www.galleyecocapital.com
      9
      Closest links to tangible value impacts.
    • The RPI Principles (2)
      Smart growth and TOD
      Walkscore rating
      Health and safety
      Vulnerable location; earthquake zone
      Worker well-being
      Tenant satisfaction surveys
      Social Equity and community development
      Benefits to CRA area
      Local citizenship
      Community engagement
      www.galleyecocapital.com
      10
      Social engagement including resident/occupant input.
    • The RPI Principles (3)
      Voluntary certification
      LEED
      Energy Star
      Governance
      Reporting performance
      www.galleyecocapital.com
      11
      Adherence to external standards
    • How can investors apply RPI?
      Get “Metrics for Responsible Property Investing: Developing and Maintaining a High-Performance Portfolio”
      Use cases
      Acquisition
      BAC
      Portfolio
      TIAA-CREF
      Build from existing ESG program
      Tangible links to value
      Opportunity analysis
      www.galleyecocapital.com
      12
    • www.galleyecocapital.com
      13
      Get plugged in
      http://www.galleyecocapital.com
      info@galleyecocapital.com
      71 Stevenson Street #400
      San Francisco, California 94105
      (415) 655-6668
      Presented by:
      Lisa Michelle Galley
      Managing Principal
      lisa@galleyecocapital.com
    • Resources
      Galley Eco Capital can assess financial impact of sustainability within your portfolio
      Financial impact of sustainability strategy
      ESG analysis and measurement
      Request a copy of report "Metrics for Responsible Property Investing“ from info[at]galleyecocapital.com
      Principles for Responsible Investment from UNEP-F.I.
      Get RPI case studies
      Environmental & Social Responsibility Observatory
      Responsible Property Investing Center
      www.galleyecocapital.com
      14