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.
The Institutional Investment Group with its subsidiaries is a signatory to the Principles for Responsible Investment (PRI) initiative supported by the United Nations. This network of international investors is dedicated to establishing and putting into practice the principles of responsible investment. The PRI were developed by the investment community and reflect the view that environmental, social and governance (ESG) issues can affect the performance of investment portfolios and therefore need to be properly considered by investors if they are to meet their social responsibilities. By implementing the Principles, signatories contribute to the development of a more sustainable global financial system.
Launched in 2006 by the UNEP Finance Initiative and the UN Global Compact, the PRIs provide a voluntary framework through which all investors can integrate ESG considerations into their decision-making and ownership, and thus better align their objectives with those of society as a whole.
The 6 Priciples of Responsible Investment
We will incorporate ESG issues into investment analysis and decision-making processes.
We will be active owners and incorporate ESG issues into our ownership policies and practices.
We will seek appropriate disclosure on ESG issues by the entities in which we invest.
We will promote acceptance and implementation of the Principles within the investment industry.
We will work together to enhance our effectiveness in implementing the Principles.
We will each report on our activities and progress towards implementing the Principles.
Codices and memberships
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):
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.