Grosvenor Diversified Property Investments published our Responsible Investment Strategy, articulating the standards we expect of ourselves and the chosen partners and networks with which we engage.
We also published our carbon pathway, in line with Grosvenor’s global carbon commitment. This delivery plan outlines how we will reduce emissions in line with the goal of limiting global warming to 1.5°C – committing that 100% of our partners will have 1.5°C-aligned carbon reduction pathways, on exit, by 2040.
With 99% of the business’s baseline emissions associated with Scope 3 emissions, ensuring alignment with partners is crucial – we only invest alongside specialist teams who show a tangible commitment to having a positive impact on the environment and society, and who strive to improve their environmental performance.
Our partners continue to demonstrate our shared environmental values, with Bridge Investment Group achieving a LEED Gold rating for its asset 10 West End in Minneapolis in 2023. Similarly in Poland, our partner REINO-IO has achieved an Excellent BREEAM rating for its Building Management.