Sustainability

SUSTAINABILITY

The Fund contributes to different UN Sustainable Developing Goals by respecting relevant factors for investments as well as communicating them to its stakeholders.

In 2015, the Members of the United Nations recognised the range of issues we all face by adopting the UN Sustainable Development Goals (SDGs) as part of the 2030 Agenda for Sustainable Development. These SDGs provide a common framework for organisations to present the impacts of their activities and report on the outcomes they achieve.

In 2019, the Board of Directors of the Fund decided to align its investment strategy and investment focus with the United Nations’ sustainable development goals (SDG) and to observe for the Fund and its portfolio relevant SDGs. Based on the Fund’s investment focus and strategy, the Fund contributes to the following SDGs:

 

The Fund’s Contribution

The Fund aims to contribute to the SDGs

  • directly by applying SDG relevant factors during the evaluation of properties which are potentially to be acquired, refurbished, renovated, or newly developed;
  • directly by selecting operators and long-term tenants who are committed to contribute actively to SDGs, and
  • indirectly by communicating SDG relevant issues to all stakeholders of the Fund.

 

The Fund avoids investments in areas of controversial business practices and against ethical beliefs.

 

Operationalization Measures

In addition to observing in particular the above-mentioned SDGs throughout the investment decision process, the following measures are in the process of being implemented:

  • Selection of operators and long-term tenants from a SDG perspective
  • Inquiries about how the operator addresses SDG relevant issues during the onboarding process
  • Active communication with long term tenants and operators about the Fund’s strategy with respect to its contribution to SDGs
  • Support of operators in implementing SDG relevant improvements of and investment in the infrastructure and the properties
  • Analysis of properties under management with respect to energy efficiency and infrastructural improvements for elderly people’s living needs as well as barrier-free living
  • Investments into existing properties which are to be refurbished and renovated and in buildings which are protected
  • Monitoring of the operators under contract with respect to service and care quality in order to deliver best service and quality to the houses’ residents
  • Developing and building resilient infrastructure for senior appropriate living
  • Preserving and refurbishing existing properties and adoption of such properties for silver generation living

 

Ensure healthy lives and promote well-being for all ages
  • Creating barrier-free living space for elderly people
  • High-quality living space for the Silver Generation
  • Development of neighbourhood and supporting facilities for local suppliers of daily basic care
  • Access to quality essential health-care services
Ensure access to affordable, reliable, sustainable and modern energy for all
  • Improvement of energy efficiency of properties
  • Usage of renewable energy sources like photovoltaic and geothermal energy through recuperators
  • Cost efficient refurbishment and renovation of existing buildings
Build resilient infrastructure to support economic development & human well-being
  • Usage of on the edge technology and efficient infrastructure
  • Highest possible infrastructure quality and understandable technology solutions
  • Support of nursing staff by providing adequate infrastructure 
Ensure access to affordable and qualitative housing facilities & create green public spaces, especially for elderly persons
  • Preservation of building substance and culture values
  • Revitalization of neighbourhood centers
  • Creation of cross-generational living spaces and corresponding facilities
  • Improvement of living quality and cross-generational sympathy