HARRISON STREET
HARRISON STREET
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“ AS NEW SUSTAINABLE PRACTICES AND PROGRAMMES ARE ESTABLISHED EVEN SLOW ADOPTERS WILL BE FORCED TO ADDRESS THE OPPORTUNITIES WITHIN ESG ”
JILL BROSIG MANAGING DIRECTOR AND CHIEF IMPACT OFFICER , HARRISON STREET
Brosig adds : “ The process starts when a deal goes to the investment committee . There we capture , within the IC Memo , the asset ’ s exposure to climate risks , identification of potential opportunities , existing ESG performance attributes and an aligned diligence plan . At closing , the Investment Team integrates the findings from the ESG diligence activities into the underwriting and corresponding business plan .
“ During the hold period of investments , asset ESG attributes and performance metrics are monitored and material ESG KPIs are reported back to key stakeholders . Where applicable to that asset , key sustainability efforts may occur , such as lighting upgrades , low flow water fixture installations , on-site solar or HVAC upgrades .
58 [ Mar 2024 ] EVMAGAZINE . COM