Since its inception, the core value proposition for investors and employees of Institutional Investment Partners (“2IP”)* and its group of companies has been based on placing a significant weight on sustainability factors in all actions and services.
Driven by our increased market position and social responsibility – but also by general social developments – we are committed to using our own sphere of influence to make a significant corporate contribution to a sustainable environment and society.
For this reason, 2IP has translated the general principles of sustainable corporate governance into its own corporate sustainability strategy, which makes sustainable action in and by our company binding and also takes into account any potential adverse effects on sustainability factors when making investment decisions.
*Institutional Investment Partners GmbH, Frankfurt am Main, and Institutional Investment Partners S.à r.l., Mertert (Luxembourg)
Central contents and cornerstones of our actions are:
- reducing CO2 emissions and
- decreasing the overall burden on tenants through reduced heating and ancillary costs.
- the consumption of resources by fund properties transparent as well as
- sustainable action measurable.
Codices and memberships
UN Global Compact
Institutional Investment Partners respectively its group of companies has committed itself to act in accordance with the code “United Nations Global Compact” (UN Global Compact).
The UN Global Compact is the world’s largest and most important initiative for responsible corporate governance. It is based on 10 universal principles in the areas of
- human rights,
- labour standards,
- environmental protection and
- prevention of corruption
and therefore pursues the vision of an inclusive and sustainable global economy for the benefit of all people, communities and markets through the 17 Sustainable Development Goals (SDGs).
The 17 Sustainable Development Goals are:
Investment proposals are specifically screened for key negative sustainability impacts and sustainability indicators as part of our Adverse Sustainable Screening (ASS):
Signs of poor handling in the compliance with environmental standards or the prevention or remediation of contamination
Evidence of direct support for production or distribution of ozone-depleting gases without a phase-out scenario.
The results of the Adverse Sustainable Screening are incorporated into the final investment decision and, if materiality thresholds are exceeded, lead to our veto on sustainability grounds.
Sustainability in the remuneration policy
Our sustainability beliefs have been a central component of our remuneration policy since the company was founded. This is especially true for employees with variable remuneration components, as compliance with our sustainability convictions becomes part of the annual individual targets. Variable remuneration components are not granted in the event of sustainability violations to the extent possible under labour law and depending on the significance of the violations; to this extent, sustainability violations are sanctioned monetarily. In addition, individual bonuses are sometimes agreed upon for the achievement of positively defined sustainability goals. In this way, we also want to give monetary value to significant sustainable action.