ESG Annual Report
Our annual report summarizes the progress and commitments we have made toward our ESG objectives.
Environmental, Social & Governance
PGIM Real Estate has dedicated teams, committees and processes that seek to enhance our environmental, social and governance impacts.
ESG IN ACTION
We’re embedding ESG best practices throughout our real estate investment, asset management, risk management and talent management processes.
Governance
Our investment analysis and due diligence processes include a robust underwriting regimen, risk management evaluation and approval processes. We operate within a framework of policies, procedures, principles and practices established by our parent company to help ensure corporate responsibility, accountability, ethics, integrity and transparency in stakeholder relationships.
Measuring Our Progress
ESG Policy
Our policy guides the ESG practices embedded throughout our real estate investment, asset, risk and talent management processes.
PGIM Real Estate’s EU Alternative Investment Fund Managers (AIFMs) comply with Article 4 of the EU Sustainable Finance Disclosure Regulation (“SFDR”). To view our firm-level PAI disclosure, please click here. Existing investors may view their respective fund-level PAI disclosures on the Investor Portal. Click here to learn more about:
- Principle Adverse Impacts – Investment Due Diligence Policy
- Sustainability Risks Policy
- Summary of Remuneration Policy
*Since 2010, PGIM Real Estate has invested over $5 billion in the United States and Europe in real estate with impact characteristics which includes investments in affordable housing, low- and moderate-income areas and in real estate that has environmental benefits such as green certifications or remediation of contaminated sites.