Since start 2021, we joined the “Principles of Responsible Investment” (UN PRI) initiated by the United Nations. The PRI initiative is aimed at achieving a sustainable international finance system. We therefore reinforce our commitment to sustainably aligning our corporate governance and Real I.S.'s fiduciary mandate in accordance with our ESG mission “We combine real estate and the future”.
Real I.S. put its signature to the UN Global Compact in September 2021. BayernLB and its Group subsidiaries DKB, BayernInvest also joined. As signatories to the UN Global Compact, we making a visible commitment to observing and upholding fundamental human rights, to ensuring fair working conditions, to combating corruption and to fostering sustainable development. We identify with the ten principles set out under UN Global Compact and stand behind promoting their implementation.
In embracing the ZIA sustainability code, we are guided by the obligation of the German real estate industry. We also collaborate in work on the ECORE initiative, which has the aim of developing standard benchmarks for sustainable real estate asset management.