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Vontobel Holding AG

PRI reporting framework 2017

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Selection, appointment and monitoring third-party property managers

PR 10. ESG issues in selection, appointment and monitoring of third-party property managers

New selection options have been added to this indicator. Please review your prefilled responses carefully.

10.1. Indicate if your organisation includes ESG issues in your selection, appointment and/or monitoring of third-party property managers.

10.2. Indicate how your organisation includes ESG issues in your selection, appointment and/or monitoring of third party property managers.

Types of actions

Coverage

10.3. Provide a brief description of your organisations selection, appointment and monitoring of third party property managers and how they contribute to the management of ESG issues for your property investments.

For properties in Switzerland we have an exclusive property manager. Outside Switzerland, we collaborate with local property managers. We preferably select managers were we previously have had good experience. The contracts include certain ESG clauses, e.g. in relation to the selection of tenants. The property managers are monitored by means of regular reporting as well as site visits.

Third party property managers are key for the implementation of our ESG strategy and measures in daily practice, e.g. energy conservation.


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