Integrating ESG within every aspect of corporate, fund and asset level
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.
ESG Criteria Informs Every Investment
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.
The strategy is implemented through our asset business plans, which incorporate measures such as optimising energy consumption and providing sustainable mobility options.
(1) Operational carbon, covering whole building energy consumption (landlord and tenant areas) from all energy sources.
(2) Responsible investment funds, meaning those classified as Article 8 or 9 by the Sustainable Finance Disclosure Regulation (SFDR Regulation (EU) 2019/2088).
(3) The strategy applies to funds for which BNP Paribas REIM has discretionary decision-making power. Within funds, only direct investments for which REIM has operational control are in scope (this excludes co-owned and operator managed assets); indirect investments (funds of funds) are out of scope.
(4) The Carbon Real Risk Real Estate Monitor (CRREM) tool, developed by European academics, measures asset energy and carbon performance against decarbonization pathways.
"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."
Head of Transformation, Innovation & Sustainability
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 improvements. We also listen to occupiers and engage with them 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.
Applicable to BNP Paribas Real Estate Investment Management France / Italy / Germany / Luxembourg:
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:
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:
As part of its diversification strategy, the BNP Paribas REIM business line is launching the Healthcare & Hospitality Practice, a pan-European division devoted to the healthcare and hospitality real estate segments.
In 2023, 69% of leaders worldwide state that ESG integration is key to value creation, but only 11% consider it a priority in their business strategy. (1)
"For over 60 years now, our model has proven robust, withstanding market cycles, resilient in tough times and able to seize opportunities when the cycle reverses. The context of the last two years has prompted us to develop our sector expertise to further diversify our product range. »