Global asset manager, Aberdeen Standard Investments (ASI) has been awarded 26 ‘Green Stars’ for reaching significant environmental targets in the buildings it owns.

The ‘Green Stars’ were achieved in the 2018 GRESB Real Estate Assessment – this is amongst highest number of stars awarded to any participant this year and five more than ASI had last year. GRESB has become the global ESG* benchmark for real estate and infrastructure investments covering over $3.6 trillion of assets worldwide. It measures a fund’s green performance and sustainability, awarding stars for best practice. Five of ASI’s funds were awarded Five Star status, placing them in the top 20% of their peers. Additionally, three of ASI’s funds achieved Sector Leader status meaning they have the highest ESG performance of their peer group.

ASI owns and manages around 1600 properties worldwide. By driving environmental and sustainable strategies throughout its real estate investment process, the real estate team has reduced energy consumption, greenhouse gas emissions and water use - generating savings of over $1m:

• 4% reduction in landlord energy consumption – equivalent to powering 7.5 million mobile phones for a year
• 12% reduction in greenhouse gas emissions – equivalent to 1,314 return flights from London to Sydney  
• 10% reduction in landlord water usage – equivalent to 24 Olympic swimming pools

David Paine and Pertti Vanhanen, Global Co-Heads of Real Estate, commented:

“At ASI we have been on a journey to ensure that we develop and manage properties that are built to last. The strong track record we now have with GRESB endorses this commitment to sustainable, social and environmental principles, which are firmly embedded in our real estate operations and investment across the business.   

“Not only does this deliver better financial outcomes and investment performance for our clients and tenants, but we have achieved improved environmental and social outcomes. Our aim is to create a positive society from the built environment, providing the places where people want to live, work, shop and enjoy life. We will continue to drive this agenda forward, making further improvements in our real estate business.”

Ends

Media enquiries

Justin St Clair-Charles firstlight PR, +44 (0) 20 3617 7233, sliteam@firstlightpr.com

Sara Reed, +44 (0) 131 245 2750, sara.reed@aberdeenstandard.com

Notes to editors

• Aberdeen Standard Investments is Europe’s second largest real estate investment manager, managing £43.9 billion of real estate assets across UK, Europe and Asia. Our dedicated team of more than 280 real estate investment professionals manages more than 1,600 real estate assets worldwide, and are based in 18 global offices (including London, Edinburgh, Frankfurt, Paris, Stockholm, Copenhagen, Amsterdam, Hong Kong, Singapore and Boston). (30/06/18)
• Aberdeen Standard Investments is a leading global asset manager dedicated to creating long-term value for our clients, and is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments. 
• With over 1,000 investment professionals we manage $735.5 billion (£557.1 billion)* of assets worldwide. We have clients in 80 countries supported by 46 relationship offices. This ensures we are close to our clients and the markets in which they invest.
• We are high-conviction; long-term investors who believe teamwork and collaboration are the key to delivering repeatable, superior investment performance. We are resolute in our commitment to active asset management.
• Aberdeen Standard Investments is the asset management business of Standard Life Aberdeen plc, one of the world’s largest investment companies.
• Standard Life Aberdeen plc is headquartered in Scotland. It has around 1.2 million shareholders and is listed on the London Stock Exchange. The Standard Life Aberdeen group was formed by the merger of Standard Life plc and Aberdeen Asset Management PLC on 14 August 2017.

*as at 30 June 2018

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Aberdeen Standard Investments is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments.

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Aberdeen Standard Investments is a brand of the investment businesses of Aberdeen Asset Management and Standard Life Investments.

The details contained here are for information purposes only and should not be considered as an offer, investment recommendation, or solicitation to deal in any investments or funds and does not constitute investment research, investment recommendation or investment advice in any jurisdiction. Any research or analysis used to derive, or in relation to, the above information has been procured by us for our own use, without taking into account the investment objectives, financial situation or particular needs of any specific investor, and may have been acted on for own purpose. No warranty is given as to the accuracy, adequacy or completeness of the information contained in this communication and no liability for errors or omissions in such information. Readers must make assessments to the relevance, accuracy and adequacy of the information contained in this communication and make such independent investigations, as they may consider necessary or appropriate for the purpose of such assessments. Any opinion or estimate contained in this communication are made on a general basis.   No information contained herein constitutes investment, tax, legal or any other advice, or an invitation to apply for securities in any jurisdiction where such an offer or invitation is unlawful, or in which the person making such an offer is not qualified to do so.

United Kingdom, Norway and EU Countries by Aberdeen Asset Managers Limited. Authorised and regulated by the Financial Conduct Authority in the United Kingdom. Registered Office: 10 Queen’s Terrace, Aberdeen AB10 1XL. Registered in Scotland No. 108419.

Switzerland by Aberdeen Asset Managers Switzerland AG (AAMS). Registered in Switzerland No. CHE-114.943.983. Registered Office: Schweizergasse 14, 8001 Zurich. Authorised by the Swiss Financial Market Supervisory Authority (FINMA).

Standard Life Investments companies: Standard Life Investments Limited is registered in Scotland (SC123321) at 1 George Street, Edinburgh EH2 2LL. Standard Life Investments Limited is authorised and regulated in the UK by the Financial Conduct Authority.