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.
Vinci only hire external firm with market reputation and expertise in the relevant segments. The third-party service providers are selected on a case by case basis according to their specific expertise and applicability to the service needed. The property managers are responsible for monitoring the assets (e.g. energy, water and waste consumption) and is the primary responsible for complying with all rules and legislation, as well identifying risks and opportunities and proposing solutions/alternatives for the approval of Vinci and co-owners of the properties.