CORESTATE CAPITAL GROUP
Justus Wiedemann , Group Sustainability Officer at Corestate Capital , discusses the Environmental , Social , Governance practices that are being infused into the firm ’ s core functions as it delivers value through data-driven optimisation
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A s a leading independent investment manager for real estate in Europe , Corestate Capital has experienced substantial growth in recent years . Since 2016 , Corestate has brought the total value of its assets under management ( AUM ) to € 26bn , translating to a compound annual growth rate of 110 %. This growth is matched by the scale of its Environmental , Social and Governance ( ESG ) ambitions . Intending to integrate its ESG framework into its operations , Corestate appointed Justus Wiedemann to lead the charge as Group Sustainability Officer .
The reasons for Corestate ’ s ESG ambitions are clear . “ Investors are increasingly keen to invest in progressive opportunities , particularly as the European Union ( EU Green Deal ) and United Nations ( PRI ) have laid out ambitious but vital frameworks for the development
JANUARY 2020