BOSTON, Nov. 2, 2022 /PRNewswire/ – Manulife Funding Administration at this time introduced the outcomes of its 2022 GRESB assessments for personal markets actual property and infrastructure, launched in October 2022 and protecting the 2021 calendar 12 months.1 The agency noticed above-average administration scores for each asset courses. Actual property asset efficiency scores, as in comparison with the worldwide common, have been additionally above common for all submissions. Moreover, its world actual property portfolio was ranked second in its peer group. And Manulife’s basic account, managed by the true property funding workforce at Manulife Funding Administration, was ranked first in its peer group this 12 months.
The GRESB Actual Property and Infrastructure Assessments present a rigorous methodology and constant framework to measure the environmental, social, and governance (ESG) efficiency of particular person property and portfolios primarily based on self-reported knowledge. Efficiency assessments are guided by what traders and the broader industries take into account to be materials points, aligned with the Sustainable Growth Targets, the Paris Local weather Settlement, and main worldwide reporting frameworks. The GRESB evaluation offers traders with world ESG benchmarking and standardized info and instruments to assist monitor and handle the ESG dangers and alternatives. Manulife Funding Administration pays a per fund submission charge, per 12 months, for the assessments.
“We’re excited to share the outcomes of Manulife Funding Administration’s 2022 GRESB Actual Property Evaluation as we have outperformed the worldwide averages for all of our submissions, attaining inexperienced star rankings throughout the board,” stated Marc Feliciano, world head of actual property investments, Manulife Funding Administration. “We have participated within the GRESB Actual Property Evaluation for 10 years. As an early participant, we’re happy with our position to assist set up the GRESB benchmark that’s used at this time to evaluate the ESG integration and efficiency of portfolios protecting $6.9 trillion of gross asset worth throughout the globe.”
“We’re happy with the Infrastructure Evaluation outcomes as they spotlight our strategy to ESG integration and administration,” stated Recep Kendircioglu, world head of infrastructure, Manulife Funding Administration. “Importantly, the outcomes allow us to benchmark and to interact with portfolio firms in an insightful and productive technique to enhance sustainability metrics.”
GRESB Actual Property Evaluation
Manulife Funding Administration was amongst 1,820 property firms, actual property funding trusts, funds, and builders that participated within the GRESB Actual Property Evaluation protecting $6.9 trillion of gross asset worth.1 Within the evaluation this 12 months, Manulife Funding Administration’s actual property portfolio earned a GRESB rating of 87 out of a doable 100 factors. Manulife’s basic account, managed by Manulife Funding Administration, obtained 88 out of a doable 100 factors.
GRESB Infrastructure Evaluation
Manulife Funding Administration was amongst 652 infrastructure property and 166 funds within the GRESB Infrastructure Evaluation in 2002.1 Gross asset worth reporting to GRESB was $1.7 trillion this 12 months. Within the evaluation this 12 months, the agency’s GRESB infrastructure administration rating for its Infrastructure fund I earned 29 out of a doable 30 factors. Its Infrastructure fund II scored 30 out of a doable 30 factors.
“We’re proud to share these evaluation outcomes and outperformance with traders in an setting the place the entities taking part in the true property and infrastructure universe have grown by 20% and 17%, respectively,” stated Regan Smith, head of actual property and infrastructure sustainability, Manulife Funding Administration.1 “The assessments showcase the importance of our experience, with a give attention to due diligence and danger evaluation, in addition to the accountable administration of actual property and infrastructure property on behalf of purchasers.”
Manulife Funding Administration’s world non-public markets capabilities embody actual property, infrastructure, timberland, agriculture, non-public fairness and credit score. For extra info on Manulife Funding Administration’s non-public markets, please click on right here.
1 Based mostly on GRESB outcomes launched October 2022 that cowl the 2021 calendar 12 months. Manulife Funding Administration paid a per fund submission charge, per 12 months. The Actual Property GRESB Ranking is an total measure of how effectively ESG points are built-in into the administration and practices of firms and funds. The Infrastructure GRESB Ranking offers the premise for systematic reporting, goal scoring, and peer benchmarking of the ESG administration and efficiency of infrastructure funds world wide. Extra details about the GRESB Actual Property Evaluation is accessible right here. Extra details about the GRESB Infrastructure Evaluation is accessible right here.
Manulife Funding Administration has submitted to the GRESB Actual Property Evaluation on the fund degree since 2012, working as Normal Life till 2015. Recognition was given on October 12, 2022, primarily based on the reporting interval 2012–2022.
About Manulife Funding Administration
Manulife Funding Administration is the worldwide model for the worldwide wealth and asset administration section of Manulife Monetary Company. We draw on greater than a century of monetary stewardship and the total sources of our guardian firm to serve people, establishments, and retirement plan members worldwide. Headquartered in Toronto, our main capabilities in private and non-private markets are strengthened by an funding footprint that spans 19 geographies. We complement these capabilities by offering entry to a community of unaffiliated asset managers from world wide. We’re dedicated to investing responsibly throughout our companies. We develop modern world frameworks for sustainable investing, collaboratively interact with firms in our securities portfolios, and preserve a excessive customary of stewardship the place we personal and function property, and we consider in supporting monetary well-being via our office retirement plans. In the present day, plan sponsors world wide depend on our retirement plan administration and funding experience to assist their staff plan for, save for, and stay a greater retirement. Not all choices can be found in all jurisdictions. For added info, please go to manulifeim.com.
SOURCE Manulife Funding Administration