Stanhope endeavours to operate in a socially and environmentally responsible manner and, on the investment front, is committed to allocating clients’ capital responsibly, ensuring that all relevant factors are accounted for when assessing risk and return. The backbone of Stanhope’s responsible investment approach is a thorough due diligence process which investments undergo before receiving approval for investment.
Regarding real estate, ESG factors will be considered for all potential investments and makes up part of our ongoing monitoring. With regards to property purchases, developments and renovations, Stanhope assesses a variety of ESG-relevant factors including waste management, choice of site / environmental impact, water and energy efficiency and health and safety management systems. Additionally, we expect our property managers to monitor and address a variety of ESG issues/potential issues on an ongoing basis, for example, carbon emissions and potential for flooding. We have a strong preference for properties adhering to BREEAM and / or LEED standards, believing these to add value.