RI annual review

AXA IM Real Asset – Industry participation

AXA IM - Real Assets participates in several industry working groups. These are designed to shape an industry response to implementing regulations, or to pool resources and ideas for sustainable innovations.

Major role in ULI European Sustainability Council

AXA IM - Real Assets plays an active role in the Urban Land Institute (ULI), a global non-profit organisation with nearly 40,000 members worldwide. The ULI provides leadership in the responsible use of land and in creating and sustaining thriving communities.

As Chair of the ULI European Sustainability Council, AXA IM – Real Assets Global Head of Sustainability Nehla Krir organises a programme for the Council’s 30 members. Focused on highlighting important sustainability topics across Europe, it includes calls and bi-annual Council Days, which include visits to sustainable properties and developments.

The first of these events in 2017 included a visit to FIRA, a 50,000m² AXA IM - Real Assets office development project under construction in Barcelona.

Wide-reaching involvement in industry groups

In addition to our work with the ULI, in 2017 we participated in the following groups:

  • UNEP FI Property Working Group, a global partnership between UNEP and the financial sector that numbers over 200 institutions, including banks, insurers and fund managers
  • GRESB, an industry-driven organisation committed to assessing the sustainability performance of real estate portfolios around the globe. 850 real estate companies and funds took part in the 2017 benchmark.
  • IIGCC (Institutional Investors Group on Climate Change) – Property Group, an organisation that provides over 120 investor members with a collaborative platform to raise issues on climate change.
  • OID (Observatoire de l’Immobilier Durable), an independent association with around 30 member organisations that brings together professionals from the public and private sectors in France to promote sustainability in commercial real estate, and publishes a yearly benchmark.
"The Urban Land Institute provides an excellent forum to share existing best practice and identify ways for the real estate industry to improve its environmental footprint, and have a positive impact." Nehla Krir, Global Head of Sustainability, Real Assets.