BNP Paribas Real Estate
INVESTMENT MANAGEMENT

Our Focus on ESG

Integrating ESG within every aspect of corporate, fund and asset level

A Responsible Approach

BNP Paribas REIM delivers long-term value for investors to create a more sustainable society. We adapt to opportunities and risks while selecting assets that meet the real needs of people in a changing world. Environmental, social and governance (ESG) integration is one of our strategic pillars, and our innovative approach considers ESG criteria at corporate, fund and asset levels. 

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Our Roadmap To Resilience

With more regulation, more climate-related challenges and real consequences of ESG aspects on asset liquidity, we decided to strengthen our ESG commitments for 2025 and beyond. Our new strategy focuses on climate adaptation, mitigation and continuing to offer responsible products.  

  • To address physical risks and ensure that our assets are climate resilient, we will systematically assess assets’ exposure to increasing physical risks and develop tailor-made climate adaptation plans for the most vulnerable assets. Additionally, physical climate risk considerations will be integrated into risk management and investment decisions. We will provide training for BNP Paribas REIM teams and raise awareness with investors on the need for considering physical climate risk and planning for adaptation.
  • We will implement energy efficiency and carbon(1) action plans across our range of responsible investment funds(2) open to investors to align this scope with a 1.5° pathway by 2035.(3) For assets in scope, existing energy and carbon performance will be assessed and mapped onto a CRREM(4) trajectory. Current and future action plans and associated energy and carbon reductions will be evaluated. Reductions will be tracked over time and action plans will be adjusted as needed, based on reductions achieved.
  • We will innovate to offer 100% of funds open to investors and new funds as responsible investment funds.(2)

The strategy is implemented through our asset business plans, which incorporate measures such as optimising energy consumption and providing sustainable mobility options.

DOWNLOAD OUR LATEST ESG REPORT
Our ESG Strategy REIM
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"Developing and maintaining a strong relationship with our stakeholders is fundamental to integrating ESG at every level of fund and asset management. We strive to ensure that all our collaborators have access to the necessary resources for prioritising ESG, while complying with BNP Paribas REIM’s policies."

Nehla Krir

Head of Transformation, Innovation & Sustainability

Nehla Krir
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Our 3 Key ESG Objectives

  • Environnement - BNPP REIM

    Environment: improve the environmental performance of our assets

  • ESG - BNPP REIM

    Social: manage assets by integrating the comfort of tenants and all other stakeholders into the strategy

  • ESG - BNPP REIM

    Governance: raise awareness among our stakeholders about environmental and social initiatives conducted with property managers and tenants

BNP Paribas REIM focuses on responsible investments. To understand our assets’ ESG performance, we use advanced and in-depth data collection. We propose energy saving plans based on calculations of investment costs and ROI from energy use reductions.

We work towards improving the ESG quality of our buildings and for the well-being of their occupants.

• By collecting data on the performance of our assets

• By systematically assessing the exposure of assets to increasing physical risks

• By developing tailored climate adaptation plans for the most vulnerable assets

• By improving the energy efficiency of our buildings

• By offering sustainable mobility solutions to tenants (bicycle parking spaces, electric vehicles, public transport, etc.)

• By ensuring access for people with reduced mobility

• By providing spaces for waste sorting

We are dedicated to meeting investors’ high expectations for asset and fund performance and ESG commitments. We also listen to and engage with tenants to encourage them to take an active part in improving our buildings’ environmental performance. This includes setting up dialogues with occupiers on ESG subjects, meeting their expectations regarding issues such as on-site services and building adaptability, and signing green leases where possible.

Nos 3 objectifs ESG fondamentaux
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Download our ESG Report

BNP Paribas REIM releases regular ESG reports. Explore our latest publication:

Sustainability-related disclosures

Applicable to BNP Paribas Real Estate Investment Management France / Italy / Germany / Luxembourg:

  • Sustainability Risk Policy (Article 3 of EU Regulation 2019/2088)

    SFDR – Article 3 of Regulation (EU) 2019/2088 [BNPP REAL ESTATE INVESTMENT MANAGEMENT FRANCE / ITALY / GERMANY / LUXEMBOURG]

  • No consideration of adverse impacts of investment decisions on sustainability factors (Article 4 of EU Regulation 2019/2088)

    SFDR – Article 4 of Regulation (EU) 2019/2088 [BNPP REAL ESTATE INVESTMENT MANAGEMENT FRANCE / ITALY / GERMANY / LUXEMBOURG]

  • Remuneration policy (Article 5 of EU Regulation 2019/2088)

    SFDR – Article 5 of Regulation (EU) 2019/2088 [BNPP REAL ESTATE INVESTMENT MANAGEMENT FRANCE / ITALY / GERMANY / LUXEMBOURG]

Product sustainability information

Sustainability information (according to Article 10 (1) of EU regulation 2019/2088) for products managed by BNP Paribas REIM that are aligned with Article 8 or 9 EU regulation 2019/2088:

  • OPCI BNP Paribas Diversipierre - article 10 (code LEI: 9500VNDLJ20738FT46, only in French)

  • SCPI Accimmo Pierre - article 10 (code LEI: 969500BGIZBV4FJS5Z95, only in French)

  • SCPI Accès Valeur Pierre - article 10 (code LEI: 969500IKXJPDX107C84, only in French)

  • SCPI Opus Real - article 10 (code LEI: 969500YWOMJAFXUYBG95, only in French)

  • SC Pierre Impact - article 10 (code LEI: 969500AJZ0ZO6JHPVC56, only in French)

  • BNP Paribas Macstone (in German only, LEI code: 529900MIXKI97Z211Y49)

Sustainability information (according to Article 10 (1) of EU regulation 2019/2088) for institutional funds managed by BNP Paribas REIM and aligned with Article 8 or 9 EU regulation 2019/2088 is available on-demand:

  • European Impact Property Fund (in English only, LEI code: 5493008FMAOB3SP9I89)
  • Next Estate Income Fund III (in English only, LEI code: 549300YN6LIATDNHUQ88)
  • Wohnfonds Wachstumsstädte Deutschland (in German only, LEI code: 5299005AZGEDTSI9A10)
  • Nachhaltiger Immobilienfonds Österreich (in German and English, LEI code: 529900VEFTB72IFDMB43)
  • Sozialimmobilien Fonds Österreich (in German and English, LEI code: 529900NKW9H3V30RY903)
  • Real Value Fund (in German only, LEI code: 529900RUFOA95T74CZ14)
  • BNP Paribas Afer Pierre (in French, LEI code: 969500OA56VNL1B3ES46)
  • Healthcare Property Europe (in English, LEI code: 549300L230LP7EGV6Q79)

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