ESG Policy

Our commitment
Brunswick Real Estate’s philosophy is simple. Creating value is not only about strong financial returns. It is about making a positive impact on our society and environment.

Our focus on real estate investment management and debt services brings a significant impact on climate and lives, and therefore a great responsibility. This means considering environmental, social and governance aspects throughout all our operations.

Brunswick’s investment arm partner up and co-invest with investors from around the world to build independent investment platforms. Every investment platform has its own sustainability policy and goals, matching the nature of the different investments.

Through separate credit funds, Brunswick offers real estate debt funding with maturities of up to ten years. ESG-related risks and opportunities are evaluated on both borrower and property level as part of the credit process.

Brunswick recognizes the scientific evidence saying that the human activity since the industrial revolution is accelerating climate change, leading to e.g. extreme weather, rising sea levels, reduced biodiversity and extinction of species. Brunswick supports the reduction targets stated in the Paris Agreement and will continuously work to reduce its operational greenhouse gas emissions, to contribute to the efforts limiting the global temperature increase. The UN Sustainable Development Goals works as a framework for our ESG-initiatives. Brunswick is a signatory of the UN Principles for Responsible Investments and Global Compact.

Our ESG-strategy in short
Our focus is to accelerate the use of ESG-initiatives, sharing best practice and increase understanding internally as well as influence externally.

We help transform buildings for the better
One way or another, buildings make a difference to us all. Green, safe and including environments have positive effect on the people living and working in the area. Indoor climate effects health, productivity and wellbeing of the people inside. Brunswick’s overall aim is to improve every single asset during the holding period. A thorough technical and environmental due diligence is incorporated in the investment decisions for all properties, across all mandates. The framework for green and greening loans, and in a soon future social loans, encourages borrowers to ESG-improvements.

We measure ourselves against positive targets
We strongly believe in the power of measuring result on all levels, to evaluate and improve our work. Environmental aspects include, but are not limited to, climate change, waste, materials and water. Social aspects include, but are not limited to, health and wellbeing, safety, employment and crime. By measuring the effect of our actions, we can prove increased value of the assets and influence investors and borrowers to further initiatives.

Governance and reporting
We look to constantly evaluate, and when appropriate, expand the use of frameworks and reporting to systemize and align our way or working with ESG. Transparency and ethics, including but not limited to corruption, are always high on the management agenda. Sustainability disclosure is reported to investors on fund or investment platform level.

This policy is applicable to all staff and all parts of the Brunswick Real Estate operations. It is revised annually by the Investment and Debt Management Teams. Document owner is the Head of Innovation & Communication.
Revised: March 2021