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EG Funds Management

PRI reporting framework 2019

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Selection, appointment and monitoring third-party property managers

PR 07. ESG issues in selection, appointment and monitoring of third-party property managers

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

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

Types of actions

Coverage

Types of actions

Coverage

Types of actions

Coverage

07.3. 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.

EG’s Asset Management Committee meets on a fortnightly basis to discuss the progress of our current investments (including discussions on ESG) and conduct oversight over the asset, including the performance of third-party property managers. Our asset management team is trained on ESG matters and therefore incorporates an analysis of ESG factors when considering the performance of third-party property managers. 

EG has stipulated ESG reporting requirements in relation to electricity, gas and water usage in all of its new property management agreements. 


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