Environmental, Social and Governance
We aim to conduct our business and manage our asset portfolio in a way that generates sustainable wealth for investors, benefits society as a whole and preserves the environment for current and future generations.
Environmental
As part of our commitment to responsible stewardship of the property assets that we own and manage, we are committed to reducing the environmental impact of our business and consider environmental standards an integral part of the overall business plan for each property.
- We aim to meet or exceed environmental regulations where appropriate. 100% of our portfolio already complies with current MEES (Minimum energy efficiency standards) and we are striving to improve our portfolio to ensure it exceeds the current government targets for the next 10 years.
We do this by:
- Conducting an extensive environmental impact assessment for each project/acquisition.
- Considering current and future environmental issues when making investment decisions and as part of the business plan for individual properties.
- Making long term plans to reduce the consumption of non renewable resources in the buildings we manage and/or occupy.
- Collaborating with clients, tenants, property managers, and other service providers to provide sustainable management of properties.
Social
Ace understands “social responsibility” generally to be the obligation of a company to make decisions and take actions that will enhance the welfare of its own employees and to act in the interests of society as a whole. Ace is committed to being a responsible member of the community. We will continue to pursue actions that support this commitment across the business.
- We respect human rights by avoiding investments and engagements where discriminatory practices may be employed.
- We respect diversity and equality, considering the interests of all stakeholders in our decision making.
Governance
Governance is an essential element of managing our business and we believe compliance contributes to the long-term performance of our organisation and assets under management.
Ace follows the provisions of the UK Corporate Governance Code (the “Code”).
We promote an ESG culture within the organisation by ensuring that responsibility is held at the highest level within the company.
We are committed to incorporating ESG issues into investment analysis and decision-making processes and to be active owners and incorporate ESG into ownership policies and practices.
We aim to be ahead of and prepared for any likely forthcoming regulation.