Our Sustainability Responsibility
Achieving the goal of environmental sustainability in urban development is a pressing issue, both today and in the future. We recognise the importance of working towards sustainable goals and we believe that the fund’s Environmental, Social and Governance (ESG) framework is an important and binding factor in creating long-term value for not only our investors but also for society. The OPEN ESG Strategy aims to address this.
While OPEN does not have, as its objective, a sustainable investment, we do promote environmental and social characteristics making ESG factors an integral part of the investment and development process; with the potential to increase the value of our investment portfolio, reduce exposure to risk, and play an important part in ‘future-proofing’ assets.
To follow OPEN’s ESG Framework and meet its ESG goals we intend to target the following environmental and social characteristics: