The aim is to further drive CO2 reduction in the company and ensure ESG compliance.
As part of its ESG strategy, IMMAC recently signed up for membership of the “ECORE – ESG Circle of Real Estate” initiative. In this way, IMMAC aims to further advance CO2 reduction and ensure the ESG compliance of the company and its fund products in the future.
ECORE initiative aims to establish a uniform standard of analysis in the real estate industry to make sustainability in real estate portfolios transparent, measurable and comparable.
For this purpose, the sustainability scoring “ECORE” was developed, a tool that supports the user in achieving climate protection targets for the real estate portfolio and communicating them transparently to the outside world.
The ECORE scoring combines all regulations, laws, ordinances and the ESG criteria. This also includes the required taxonomy guidelines of the EU’s Action Plan of Sustainable Finance, whose compliance and implementation must be ensured in particular also for the financial years starting in the second half of 2013. The IMMAC Group has also identified a number of open-ended alternative investment funds that are highly relevant for the first quarter of 2022.
“With our new open-ended fund product, we will be able to offer attractive and green investments in the fast-growing health and social care real estate sector. The ECORE scoring provides us with significant support in this respect,” says Thorsten Seher, Managing Director and Head of Portfolio Management Institutional Funds at HKA Hanseatische Kapitalverwaltung GmbH, a wholly owned subsidiary of the IMMAC Group.
“ECORE is a very useful tool for us as a fund issuer as well as a property portfolio holder. The standardised data query allows comparative values to be drawn from other properties. At the same time, it also serves to take stock of our own portfolio and to monitor the company’s internal progress with regard to our ESG strategy,” explains Cita Born, ESG Officer of the IMMAC Group.
IMMAC published its new ESG strategy in December 2021 with information on sustainability initiatives until 2040. The ESG brochure “IMMAC Group Sustainability Strategy” is available under the following link.