RESPONSIBLE INVESTMENT

Our main goal is to provide our investors with long term financial returns benefits, and by definition, this means a sustainable approach to investment.

We believe that ESG factors should be at the core of our investment strategy as it has become both a compliance and financial imperative but is also simply the right approach to take.

We recognise that we have responsibilities that cut across our entire supply chain, our stakeholders, and the local communities in which we invest. For that reason, ESG factors have been imbedded in our everyday operations.

Beyond our own policies and strategy, we are also fully committed to the UN Global Compact and the Paris Agreement, the use of science-based targets (SBTi) and signatories to the Principle for Responsible Investment.

SUSTAINABILITY GOVERNANCE & POLICIES

Within Curlew, ESG governance resides with our Sustainability Task Force, comprised of senior executives from all departments (Investment, operations, development, sustainability, and management), reporting directly to our CEO, Paul Oliver. The mandate of the Task Force is to ensure that Curlew continuously maintains the highest possible sustainability standards and stays ahead of all legislative changes. The Task Force also reach beyond mandatory requirements to nurture a culture of sustainability that reflects Curlew’s values and strategic priorities.

ESG GOVERNANCE STRUCTURE

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ESG MANAGEMENT

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SUSTAINABILITY PROCESS

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POLICIES

The real estate industry has a tremendous environmental and social impact and has a clear role to play in the mitigation of environmental issues in a global context.

 

Our policies are designed to provide a set of tools and practices that will help us stay in line with and exceed where possible the industry’s Environmental, Social & Governance (ESG) best practices, its investors’ requirements and relevant legal requirements.

We have developed policies and procedures to follow while conducting operations:

  • Corporate Social Responsibility Policy

  • Fraud Policy

  • Environmental Policy

  • A Senior Leadership Statement

  • Sustainable Real Estate Investment Policy (SREIP)

  • Anti Bribery & Corruption Policy

  • Curlew Business Code of Conduct

  • Equality & Diversity Policy

  • Anti modern slavery & human trafficking statement

  • Stakeholder Policy

  • Service Providers Policy and Code of Conduct

  • Whistle-blower Policy

  • Health & Safety Policy

We believe that Environmental, Social and Governance (ESG) matters are essential for long-term value creation. Our ESG due diligence process allows us to integrate these issues in our investment strategy and to invest responsibly.

Curlew aims to offer superior investment returns to its investors while upholding the highest standards of integrity and acting in a way that enhances the reputation of the industry.

In keeping with our core values, we consider that investment in or from companies involved in the following industries/sectors are not in the best interest of Curlew or its stakeholders:

  • Armaments

  • Nuclear industry

  • Tobacco

  • Pornography

  • Prostitution

 

Investment in these sectors will therefore be prohibited to Curlew, its subsidiaries and we will not engage with Service Providers involved within these industries.

STEWARDSHIP

As part of our journey to become a truly sustainable company, it important that we take into consideration the impact of our supply chain and the influence we may have on our service providers, our tenants and our clients. This is why, whenever we can, we will use our influence to help improve all our stakeholders along their own sustainability journey.

 
 
 
 

TRANSPARENCY & REPORTING

As we are responsible for our investors’ capital, we aim to be as transparent as possible in our operations. In the same way we set up standards for our service providers, we applied the same requirements to ourselves so that our investors can be confident in the way we are managing their investment.

 

To that effect, we:

  • Make all our sustainability policies publicly available through this website

  • Produce quarterly financial and sustainability update report to our investors

  • Submit all our funds to GRESB

  • Publish a public Sustainability Report based on the GRI Standard CORE option

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2030 STRATEGY

In 2020, we have updated our materiality assessment. The results have helped in defining our new 2030 strategy around 3 key strategic priorities and 12 key performance indicators:

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All these indicators have a list of sub-indicators that help us measure our performance against our targets and is reported annually in our Sustainability Report.

OUR MAIN GOALS FOR 2030:

NET ZERO

  • Reaching Net Zero Operation by 2030

  • Account for embodied emissions for all new development from 2025

  • Offset 100% of reminding emissions 

  • Use 100% renewable electricity by 2025

  • Incorporate WELL standards in our Specs

  • Develop an ESG training program for all employees

  • Develop & Implement Health & Wellbeing requirements in procurement

  • Monitor and improve Health & Safety & Health & Wellbeing indicators for employees and tenants

HEALTH & WELLBEING

  • Complete ESG Risk mapping 

  • Fully integrate Climate Change risks into investment decision

  • All funds to be 4 star rated on GRESB

  • Curlew to be A rated with PRI

  • Report on TCFD indicators

SUSTAINABLE INVESTMENT

PERFORMANCE & KPIs

GRESB
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Principle for Responsible Investment
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Energy KPI

Energy efficiency is a key aspect of our operation and a major cost item. As part of both our environmental and business strategy, it is imperative that we manage and improve our energy performance.

To ensure that we can accurately monitor our asset consumption, we are currently reviewing our entire energy strategy. We have appointed Amber Energy to both manage our cost as well as our energy data. Smart meters are being installed in all our assets for both Electricity and Gas so that we can accurately measure our consumption and implement pro-active measures to reduce it.

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GHG

This greenhouse gases emission (GHG) Inventory aims to improve Curlew’s sustainability by providing an accurate evaluation of the GHG emissions related to our operations and activities. This inventory helps to identify the main GHG sources and work efficiently toward their reduction.

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WATER CONSUMPTION

Our portfolio is comprised of either new developments or properties recently refurbished to the highest standards, and they are generally very efficient in terms of water consumption. Nevertheless, we are doing our utmost to reduce our buildings consumption.

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REPORTS & POLICIES
Sustainability Report 2019-2020
Corporate Responsibility
Environmental
Policy
Equality & Diversity

Stakeholders

Policy

Anti-bribery & Corruption
Fraud
Policy
Service
Providers