ESG Investing: Operational excellence in real assets
Part 3: Recycling and Recovery
In this series, Operational Excellence in Real Assets, we have focused on the environmental, social and governance challenges encountered during the lifecycle of a real asset. The purpose of this series is to enable investors and asset managers to achieve a higher level of operational excellence when assessing and managing real assets.
In Part One of the series we explored the factors that need to be considered in the planning and development phase of a real asset. The most important operational considerations in the acquisition phase of a real asset include land governance, corruption, labour rights, and environmental issues. In Part Two of the series, we discussed the key ESG factors in the next stage of the lifecycle of an asset, the ownership phase, which included the use of construction materials and adherence to safety standards.
In this final, Part Three, of the series we explore the ESG factors that are relevant at the end of an asset’s life, in particular the considerations of an asset owner in demolishing or refurbishing an asset. In owning a real asset, the asset owner is a custodian of the land and has a responsibility to regenerate and recover the land so that the site can restore its biodiversity and act as a habitat for future generations.
Read Part Three here.
Read Part One here.
Read Part Two here.
This communication contains written material that is generic in nature and not related to a specific financial instrument. It is not personalised to reflect the circumstances of an individual client and therefore does not amount to a personal recommendation to any person. It does not contain any substantive analysis and does not and is not intended to recommend or suggest any investment strategy or opinion as to the future value or price of financial instruments of any kind. This communication is also made openly available at the same time to any investment firms wishing to receive it or to the general public on this ("Fidante Partners") website www.fidante.com. Recipients of this communication based in the EEA who are subject to regulation under MiFID should note that while they must make their own determination Fidante Partners Europe Limited ("Fidante Partners") is of the view that this communication constitutes a “minor non-monetary benefit”.