NN Group’s real estate investments outperform in leading sustainability assessment

NN Group improved its score in the 2017 Global Real Estate Sustainability Benchmark (GRESB) assessment. The GRESB is a leading global standard for assessing real estate’s environmental, social and governance (ESG) performance. These assessments collect information regarding the sustainability performance of companies, funds and assets. This includes information onperformance indicators, such as energy, greenhouse gas emissions, water and waste.

Both NN’s private real estate portfolio and commercial real estate debt portfolio achieved ‘Four Stars’ out of five in the 2017 ranking. Improving portfolio sustainability is a high priority for all teams involved in managing the real estate assets. NN Group and asset manager NN Investment Partners (NN IP) recognise that real estate can both contribute to, and be affected by, the social and environmental challenges that society faces. Therefore, the consideration of ESG factors is a key component in NN’s investment process.

In the 2017 benchmark, the NN Group investments in private real estate continued to perform well, improving their score for the third consecutive year, and out performing the majority of the 850 GRESB participants. The portfolio’s value-weighted improved from 72 to 74 (on a scale of 1 to 100), while the relevant benchmark average is 61.

NN Group also participated in the GRESB Debt Assessment for the first time, with its commercial real estate debt portfolio.  NN IP manages this portfolio, and it received a score of 68, while the relevant benchmark average is 55.

Marieke van Kamp, Head of Private Markets at NN Group: ‘As a long-term investor in real estate, we believe it is important to invest in measures to reduce environmental impact, engage with our suppliers, tenants, and external fund managers to improve their sustainability performance, and set high standards of corporate governance. We believe this score provides a solid basis to further strive towards best-in-class ESG practices. GRESB allows us to measure and monitor how we are performing, which stimulates us to constantly improve.’

For more information on how NN Group is promoting Responsible Investment, please visit our website.


  • NN Group is an international insurance and asset management company, active in 18 countries, with a strong presence in a number of European countries and Japan. With all our employees the Group offers retirement services, pensions, insurance, investments and banking to approximately 17 million customers. NN Group’s main brands are Nationale-Nederlanden, NN, Delta Lloyd, NN Investment Partners, ABN AMRO Insurance, Movir, AZL, BeFrank and OHRA. NN Group is listed on Euronext Amsterdam (NN).
  • All figures in this document are unaudited. Certain of the statements contained herein are not historical facts, including, without limitation, certain statements made of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation: (1) changes in general economic conditions, in particular economic conditions in NN Group’s core markets, (2) changes in performance of financial markets, including developing markets, (3) consequences of a potential (partial) break-up of the euro or European Union countries leaving the European Union, (4) changes in the availability of, and costs associated with, sources of liquidity as well as conditions in the credit markets generally, (5) the frequency and severity of insured loss events, (6) changes affecting mortality and morbidity levels and trends, (7) changes affecting persistency levels, (8) changes affecting interest rate levels, (9) changes affecting currency exchange rates, (10) changes in investor, customer and policyholder behaviour, (11) changes in general competitive factors, (12) changes in laws and regulations and the interpretation and application thereof, (13) changes in the policies and actions of governments and/or regulatory authorities, (14) conclusions with regard to accounting assumptions and methodologies, (15) changes in ownership that could affect the future availability to us of net operating loss, net capital and built-in loss carry forwards, (16) changes in credit and financial strength ratings, (17) NN Group’s ability to achieve projected operational synergies, (18) catastrophes and terrorist-related events, (19) adverse developments in legal and other proceedings and (20) the other risks and uncertainties contained in recent public disclosures made by NN Group.

    Any forward-looking statements made by or on behalf of NN Group speak only as of the date they are made, and, NN Group assumes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information or for any other reason.

    This document does not constitute an offer to sell, or a solicitation of an offer to buy any securities.

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