Marquette has a simple and direct approach to achieving Environment, Social and Governance (ESG) outcomes.
Marquette has an obligation to our investors, financiers, tenants, staff, and to ourselves as a business to prioritise our people, places, properties, and performance. We see this as our human and corporate responsibility to the social and environmental issues of today.
For our tenants and staff, we ensure we provide quality services, a feeling of community, and a clean and healthy eco-system that promotes wellness, opportunity, prosperity, and equality.
Furthermore, through the properties that we own and manage, Marquette try to reduce the impact on the environment through reductions in energy and water usage, improving emission levels, increasing recycling programs, and lengthening the plan and equipment lifecycles. We prioritise reusing everything we can in our assets and always look for both big and small improvements. Marquette believe the most sustainable thing, we can do in commercial property is to re-use rather than create waste and replace elements that could be re-fashioned or re-imagined.
Key Pillars
People: Prioritise our Investors, Tenants, Staff and External Stakeholders
Places: Preserve and enhance the environment and areas of importance
Properties: Provide aesthetic, efficient, and environmentally conscious real assets
Performance: Ensure each of the elements above are managed and maintained to the highest standards.
Targets
The broader property industry has been committed to targeting high quality ESG outcomes for over 15 years and we appreciate, and like our peers, we target ratings in our assets for:
Wellness
Wired
Green Star
NABERS
UN SDG’s (inc 3, 6, 7, 8, 9, 11, 12 & 13)
Much of what we do is independently assessed to ensure best-in-class governance, we compare ourselves to other assets, managers, and benchmarks at all times.
We firmly believe that proactive and positive ESG initiatives enhance our returns and our asset’s values, whilst improving liquidity and sale opportunities. These are an added bonus for acting responsibly.
Marquette’s Responsible Investment Policy regarding ESG
In its capacity as a fund and investment manager, Marquette Investment Managers has a duty to act in the interests of its investors and investment partners. In this fiduciary and stewardship role, we believe that environmental, social and governance (ESG) factors form an integral part of the management process of our property assets.
Marquette Investment Managers has an organisation-wide sustainability governance framework that provides discipline and focus for our efforts and activities on the matters most important to us and our stakeholders. At the core of this framework are three sustainability imperatives where the impact of our work is greatest: sustainable economic growth, vibrant and resilient communities and cities and healthier people and planet. We acknowledge that achieving safety and sustainability outcomes will deliver long term value for our investors and investment partners, the environment, and our communities, and we utilise this framework in defining our approach to responsible property investment.
We are committed to creating value for all stakeholders in everything we do by delivering positive economic and environmental outcomes whilst operating in an environment that maintains the health and wellbeing of our employees, tenants, customers, and communities.
We commit to the following actions:
Formally evaluate the impacts and risks of ESG issues in our investment and management decision making;
Develop and implement sustainability strategies for each of our funds that are guided by Marquette Investment Managers’ operating principles and key sustainability focus areas;
Measure and report on ESG criteria;
Use green rating tools and labels, where they exist, to benchmark and disclose the ESG performance of our Properties; and
Collaborate with industry bodies, government agencies and stakeholders on tools, labels and incentives which promote sustainable ESG performance in the property and investment industries.