EMEA

The UK Stewardship Code

LaSalle is a signatory of the UK Stewardship Code. The code sets high stewardship standards for those investing on behalf of UK savers and pensioners and those that support them, including many of our clients. Approved signatories of the code must demonstrate the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries leading to sustainable benefits for the environment, society and the economy.

Better Buildings Partnership

As an active member of the UK Better Buildings Partnership (BBP), we are working with our peers to lead the commercial industry in enhancing the sustainability of existing buildings. We signed the BBP Climate Change Commitment in September 2019, which has set us on a path to reach net zero carbon (NZC) by 2050. We are taking urgent, collective action to respond to the challenges of climate change and address the risks it poses to our clients’ portfolios.

Net Zero Carbon Pathway

Our Net Zero Carbon Pathway sets out how we aim to achieve NZC within our European portfolio by 2050. This challenge requires a holistic viedw of our activities as a real estate investment manager and addresses carbon at all stages of the asset lifecycle. This strategy is now integrated into our way of working and starts with investment strategy. As we seek to expand this program globally, we will publish annual updates to the pathway, inline with the Better Buildings Partnership Climate Change Commitment, with the aim of driving the industry towards NZC.

Loi Energie Climat report

This report addresses the reporting requirements of the Loi Energie Climat in France. It provides an overview of the general approach we apply in our French business for taking account of the ESG quality criteria in our governance structure. It also covers the ESG engagement strategy of LaSalle France and its implementation.