A group of global institutional investors, including AIMCo, APG, CalPERS, and Ontario Teachers’ Pension Plan, representing US$1.5 trillion, have announced the launch of GRESB Infrastructure, a global sustainability benchmark for infrastructure assets.
The new investor-led initiative has partnered with GRESB to develop and establish a consistent global sustainability framework for the infrastructure sector.
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“Given the long-term horizon and the societal impact of infrastructure investment, sustainability and broader environmental, social and governance considerations are critically important for infrastructure investors,” says Patrick Kanters, managing director, global real estate and infrastructure, with Netherlands-based APG Asset Management.
Data shows that 28% of pension funds now invest in infrastructure, though allocations are still low (below 1% of their total investments, on average) and are expected to increase in the coming years.
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