TORONTO, July 27, 2016 /CNW/ - Bentall Kennedy announces today the release of its 2016 corporate responsibility (CR) report entitled "Simply Better Business". This report, providing detail on Bentall Kennedy's key environmental, social and governance initiatives for the year ending December 31, 2015, continues the company's commitment to industry leadership in these fields and to open communication on corporate responsibility priorities and achievements with our clients, tenants, employees and other stakeholders. A copy of the report can be found on Bentall Kennedy's CR website.
"Sustainability is about ongoing leadership, strengthening relationships, and continuous innovation," said Gary Whitelaw, Group Chief Executive Officer, Bentall Kennedy. "Our environmental, social and governance practices enhance long-term value for investors by reducing risks, increasing net operating income and enhancing tenant loyalty."
Further, Bentall Kennedy advises today that as a continuing signatory to the United Nations Principles for Responsible Investing (UN PRI, an international network of ESG-focused institutional investors and asset managers with over 1,500 signatories in 50 countries) it has received 2016 assessments from UN PRI that include an "A+" score for Strategy & Governance (median peer score: "B") and an "A" score for Property Investing (median peer score: "C"). Further information on UN PRI reporting and methodology can be found here on Bentall Kennedy's CR website.
"We are very pleased to communicate in our 2016 CR Report the achievements that result from shared enthusiasm and focus by our people in every part of the company," said Giselle Gagnon, Senior Vice President, Strategic Resources Group, Bentall Kennedy. "Bentall Kennedy's top-tier assessments by leading authorities such as UN PRI and GRESB reflect not only the cumulative results of more than a decade of work across the organization, but also the strong commitment to responsible and sustainable investment that we continue to advance through such initiatives as the ground-breaking research published in 2015."
Bentall Kennedy's achievements in this field were recognized in ranking 1st globally in its peer group in the 2015 Global Real Estate Sustainability Benchmark (GRESB), an endorsement it has earned in four of the past five years. Also in 2015, ground-breaking research commissioned by Bentall Kennedy analyzing 10 years of financial performance data across Bentall Kennedy's managed office portfolio provides compelling evidence that buildings with sustainable certification outperform similar non-green buildings. The study appeared in the September 2015 edition of the Journal of Portfolio Management and is available here.
About Bentall Kennedy
Bentall Kennedy, a Sun Life Investment Management company, is one of the 30 largest global real estate investment advisors and one of North America's foremost providers of real estate services. Bentall Kennedy serves the interests of more than 550 institutional clients, managing approximately $43 billion of assets on behalf of investment management clients in Canada and the U.S. and providing real estate services for 60 million square feet of office, retail, industrial, and multi-residential properties (as of the most recently completed fiscal quarter). Bentall Kennedy is a member of UN PRI and a recognized Responsible Property Investing leader ranking 1st globally in its peer group in the 2015 Global Real Estate Sustainability Benchmark (GRESB). The Bentall Kennedy Group includes Bentall Kennedy (Canada) Limited Partnership, Bentall Kennedy (U.S.) Limited Partnership and the real estate and commercial mortgage investment groups of certain of their affiliates, all of which comprise a team of real estate professionals spanning multiple legal entities. The assets under management shown above include real estate equity and mortgage investments of the companies within the Bentall Kennedy Group, and exclude assets scheduled to transition out of Bentall Kennedy. All amounts cited are in Canadian dollars. For more information, visit www.bentallkennedy.com.
SOURCE Bentall Kennedy
For further information: Shaun Little, Director, Corporate Communications, Bentall Kennedy Group, 416.681.2726 or [email protected]