OUR FOCUS

ENVIRONMENT,
SOCIAL AND GOOD
CORPORATE GOVERNANCE,
ESG FOR SHORT

PALMIRA'S
SUSTAINABILITY STRATEGY

Our established sustainability criteria, processes and key performance indicators enable internal and external benchmarking. We understand that sustainability and good long-term returns are not conflicting demands , but are complementary and balanced.

Palmira Capital and Sustainability
a brief History

2019

  • Adapted reporting protocols according to ESG principles Adoption of ESG principles in the general business plan and corporate strategy.
  • Sustainability criteria are implemented and objectively verified by Nova Ambiente as part of the purchase evaluation (due diligence).
  • The sustainability of the technical facilities and of the property itself is checked within the scope of the technical due diligence.
  • Membership in the International Corporate Governance Network (ICGN).

2020

  • Appointment of an ESG officer to the asset management team.
  • Introduction of mandatory ESG due diligence for acquisitions.
  • Start of ex-post portfolio analysis regarding ESG aspects.

2021

  • To coordinate this process, Palmira Capital Partners created the position of "Head of Sustainability" appointing Christean Schmidt, an engineer for energy and process technology to lead a cross-disciplinary competence team, integrating ESG issues into the individual business areas and management.
  • Palmira Capital Partners added to the list of signatories of the UN Principles for Responsible Investment (UN PRI).
  • As a specialist in logistics and corporate real estate, Palmira Capital Partners adopts the 17 Sustainable Development Goals (SDGs) of the United Nations from 2015 as part of the "2030 Agenda for Sustainable Development", applying them to  business decisions.
133.900 qm

Solar installations

33

individual measures

1: 1.22

Ratio of employed men to women
in the company

UN PRINCIPLES FOR
RESPONSIBLE INVESTMENT

This initiative, launched by the United Nations in 2006, aims to achieve a better understanding of the impacts of investment activities. The focus is on the environment, social issues and responsible corporate governance. Every investment is correlated with these aspects and is in turn influenced by them. Just like the other 4,000 members of the initiative, Palmira Capital Partners is convinced that long-term value creation in an economically efficient, sustainable global financial system is not only possible, but necessary.
Six principles for responsible investment have been defined as guidelines for achieving this goal, and we are committed to them.By adopting these principles, long-term, responsible investments are rewarded with economic success and, at the same time, positive effects on the environment and society as a whole are achieved.

1. We will integrate ESG issues into the investment analysis and decision-making process.

2. We will be active shareholders and consider ESG issues in our investment policies and practices.

3. We will encourage companies and entities in which we invest to make appropriate disclosure on ESG issues.

4. We will promote the acceptance and implementation of the Principles within the investment industry.

5. We will work together to increase our effectiveness in implementing the Principles.

6. We will report on our activities and progress in implementing the Principles.

The 17 Sustainable Development Goals

On 25 September 2015, the United Nations adopted a joint global programme for sustainable development. In the paper "Transforming our world: the 2030 Agenda for Sustainable Development", the community of nations commits to positively transforming the Earth by 2030. 17 Sustainable Development Goals (SDGs) serve as guidelines on this path.

Hand in Hand

Sustainability and good long-term returns

Rossertstreet 5
60323 Frankfurt am Main
+49 69 870021 800
info@palmira-capital.com