As investment managers of residential properties at Catella, we have a responsibility towards the environment and society as we work to meet the needs of our clients and fulfil our fiduciary duties.
We manage more than €4.2 billion of residential assets across 10 countries in Europe and are faced daily with the environmental, social, and economic implications of the decisions we make. Environmental, Social and Governance (ESG) policy is embedded in our assessment of risks and opportunities in real estate investment and management, and the expertise and skills of the people in our organisation are key to helping us achieve our objectives.
At Catella, we recognise that transparent governance processes are critical to upholding the principles of responsible investment and reaching alignment between our investors, managers, service providers and other stakeholders. We are committed to meeting our financial objectives whilst simultaneously delivering market-leading ESG standards at both fund and asset level. That is why we view effective management of environmental impact and risk as part of our fiduciary duties, especially in light of our goal to comply with the Paris Climate Agreement and reduce our carbon footprint.