CORESTATE CAPITAL GROUP
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“ Value creation and trust are getting more and more important for our clients and the wider stakeholder group of employees , politicians and society as a whole ”
— Justus Wiedemann , Group Sustainability Officer , Corestate Capital of sustainable societies , supply chains and economies ,” says Wiedemann . ” From a market potential point of view , there is an apparent demand for authentic sustainable products .” Moreover , ESG criteria are becoming increasingly important for employees . Deloitte ’ s 2019 Global Millennial Survey found that 74 % of those born between 1983 and 1994 would leave their company in the next five years if they hadn ’ t committed to environmental and social stewardship practices ; an attitude reflected by wider consumer attitudes to sustainability in business .
Wiedemann began his time at Corestate in the post-merger integration department . “ When we started with ESG , it was part of our wider institutionalisation plan , which also includes reporting standards , compliance and governance on a group level ,” he says . Until then , the company had strategically acquired along the value chain . “ Corestate started as an asset and investment management firm , and has acquired property management firms such as CRM Students , which is a leading provider of student housing in the UK , a mezzanine financing firm , HFS which is the market leader in Germany ,
JANUARY 2020