GEPF, largest pension fund in South Africa, starts using GRESB
The Government Employees Pension Fund (GEPF) of South Africa is Africa’s largest pension fund with more than 1.2 million active members and nearly USD120bn in assets under management.
The Government Employees Pension Fund (GEPF) of South Africa is Africa’s largest pension fund with more than 1.2 million active members and nearly USD120bn in assets under management. GEPF’s Responsible Investment Policy commits GEPF to transparency, integrity and accountability in the way GEPF invests in all asset classes on behalf of its members and pensioners, including real estate investments, all of which are core values underpinning the GRESB initiative.
John Oliphant, GEPF’s Principal Officer and Head: Investment and Actuarial, explained GEPF’s decision to become a member of GRESB: “GEPF is proud to join other leading institutional investors in supporting GRESB. GEPF, as a significant investor in South African property is of the view that integrating environmental, social and governance (ESG) issues within property investments can deliver better risk-adjusted returns through improved energy, water and other resource efficiencies across GEPF’s property portfolio. GEPF looks forward to working with GRESB and its property partners to benchmark South African property portfolios against GRESB for the first time in 2013.”
We look forward to working with GEPF over the course of the 2013 Survey year and beyond.
GRESB in the press
REIT.com Commercial Real Estate Sustainability Progressing in the United StatesApril 2, 2013
Government Employees Pension Fund Endorses Sustainable Investment in the Property SectorMarch 26, 2013
REIT Magazine Weekly Report for Feb. 4, 2013February 7, 2013
NAREIT about the GRESB/Leader in the Light Award — item starts after 1min
U.S. Advisors, REITs, Embrace New Global BenchmarkJanuary 22, 2013
Investors Showing Interest in Real Estate SustainabilityDecember 27, 2012
Sander Paul van Tongeren, senior sustainability specialist for global real estate and infrastructure with APG Asset Management, joined REIT.com for a video interview at REITWorld 2012: NAREIT’s Annual Convention for All Things REIT at the Manchester Grand Hyatt in San Diego.
Responsible Property Investment: What the leaders are doingDecember 11, 2012
How investors are using the results of the GRESB Survey to engage with fund managers – Aviva Investors Global Real Estate Multi-Manager in the 2nd Report of the Property Working Group of the United Nations Environment Programme Finance Initiative (UNEP FI).
Shop Talk – A Conversation With Nils KokDecember 5, 2012
The Institutional Real Estate Letter (North America) – October 2012
New GRESB Report Shows Increased Focus On Sustainability Reporting in Real Estate Sector
PREA Quarterly - Q3 2012