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CNP Assurances

PRI reporting framework 2020

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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

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.

Management of property assets held in the Group’s own name or through wholly owned non-trading property companies is delegated to around 20 management companies.

These companies are in charge of:

  • assistance and advice for setting rental, investment and asset arbitrage strategy, and implementation of this investment and arbitrage strategy;
  • building management (including commercial leasing activities);
  • strategic asset management;
  • corporate management of entities and consolidation;
  • routine financial and treasury management;
  • comprehensive insurance management;
  • work management.

 

 


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