DTZ Investors has a clear governance structure for the embedding of RPI and implementation of ESG within its portfolios:
Board Level: The board holds accountability and oversight for responsible property investment across the organisation with ESG a standing agenda item at the Risk and Governance Committee.
ESG Committee: DTZ Investors has formed an ESG committee that has oversight and governance responsibility for objective setting, development of procedures and overseeing implementation of the RPI strategy and policy. This committee holds monthly, quarterly & annual meetings to ensure progress is maintained and that our strategy remains relevant and impact driven.
Fund and Portfolio Managers: Fund and Portfolio managers are responsible for implementation of our policy and strategy at a portfolio level, who report into the ESG committee. They are involved in quarterly dedicated ESG meetings ensuring regular update of progress and holding individuals accountable for actions undertaken in the quarter. Responsibilities are executed through the management and oversight of asset managers who are responsible for environmental and social performance at individual properties.
Third Party Property Managers: Accountability and responsibility extends further to our property managers, and surveyors who are involved in the quarterly ESG meetings - their responsibilities are executed through proactive property management at surveyor and facilities management level, governed by our Property Management Agreement (PMA) and Service Level Agreements (SLA).