Real estate funds now have their own SRI label: ASPIM WELCOMES MAJOR STEP FORWARD FOR THE SECTOR
After more than three years of work with the public authorities, ASPIM welcomes the publication by the French Ministry of the Economy, Finance and Recovery of the decree establishing the SRI label for real estate, the culmination of intensive collaboration with professionals in the sector.
In the words of Frédéric Bôl, Chairman of ASPIM, “This particularly demanding and ambitious label will provide a guarantee of reliability and transparency for savers looking to invest in vehicles that take a responsible approach to environmental, social and governance (ESG) issues. The creation of this label will provide recognition and contribute to reinforcing the work that management companies have been doing for many years to improve their real estate portfolios’ impact on the environment and society. It will also enable France to establish itself as a standard-setter for responsible real estate in Europe, with a label that upholds the highest standards in the market.”
Please find below the entire press release