Aligning clients’ objectives and our commitment to environmental stewardship, social responsibility, and strong corporate governance.
CenterSquare believes thoughtful Environmental, Social and Governance (ESG) practices are additive to long-term value creation in the real estate industry.
Our Philosophy
As real asset investment specialists, we have an important role to play in both mitigating ESG risks and making a positive impact on the world around us.
CenterSquare’s ESG investing stance has been developed based on our duty to make purposeful and well-informed decisions based on our clients’ unique needs. Our ESG strategy is rooted in active engagement, effective integration, and consistent transparency.
CenterSquare incorporates a proprietary approach to ESG integration across our listed and private platforms.
CenterSquare considers ESG principles to be informative to the listed real estate investment decision-making process. Our proprietary data-driven ESG assessment is embedded into our fundamental top-down, bottom-up, and risk management portfolio construction process.
CenterSquare recognizes the pivotal role commercial real estate properties play within their surrounding communities. ESG integration across our direct property investments begins at due diligence with a holistic analysis of environmental, social, and governance risks and opportunities. Additionally, we seek to measure the environmental and social impact of our value-add, essential service retail, and debt strategies in a number of meaningful ways.
Engagement
Engagement is an integral part of CenterSquare’s investment process. It provides us the opportunity to share our perspective, promote corporate governance values, and elicit positive, value-added change within companies.
This engagement augments our research by providing insight into strategy, competitive positioning, and management of material ESG risks and opportunities.
Responsible Proxy Voting
As a fiduciary and proponent of responsible investing, CenterSquare believes it is important investors participate in all company meetings through the exercise of their voting rights.
As an active manager, we enhance our investment rationale for a company via an active engagement program and are committed to advancing our clients’ voting rights globally as outlined in our Proxy Voting Policy.
Global ESG Affiliations
CenterSquare’s collective work with peers promotes data-driven disclosures and the standardization of ESG guidelines. Our involvement enables us to build an industry-wide framework we believe to be most material to real estate investment.
Together, we share knowledge and thought leadership as it relates to our ESG insights and activities to support the integration of smart practices across the real estate industry.
Transparency
Transparency regarding our ESG practices is a key tenet of our program. We provide quarterly responsible investment updates to clients, both regularly and upon request. Our annual reporting includes a yearly firm publication and submitting data through the UN PRI framework.
ESG April 2024
Listed Real Estate September 2023
ESG July 2023
ESG Committee
Our ESG Committee is composed of CenterSquare team members from across our Firm who bring a diverse set of skills to our efforts.
