The HIP Sustainable Real Estate Portfolio invests in firms that own or manage properties that seek efficiency of water, energy, emissions, and zero waste.
Trees capture carbon, cleaning our environment, and providing places for birds and fauna to live. We invest in firms that manage forests as long term contributors to the health of Nature and biodiversity.
Buildings with more natural light, cleaner air, green walls, and LEED-certified features can result in healthier people who can be more productive, leading to higher rents.
Jones Lang Lasalle (JLL) is a professional services firm headquartered in Chicago, IL, USA, that specializes in real estate and investment management. JLL provides leasing, property and facilities management, project and development, capital markets, and related real estate services. In 2018, JLL provided advice on renewable energy projects that are estimated to have averted more than 239,749 metric tons of CO2e. In addition, JLL is committed to using science-based targets to guide its carbon emissions reduction goals. In 2018, the Ethisphere Institute named JLL as one of the World’s Most Ethical Companies for the 11th consecutive year, was included in the Dow Jones Sustainability index in 2019 for the 4th consecutive year, and in 2020 earned a spot on Bloomberg's Gender-Equality Index.
CBRE Group Inc
CBRE is a commercial real estate firm headquartered in Los Angeles, CA, USA. CBRE provides services to occupiers and investors, including facilities management, project management, property sales and leasing transactions, consulting services, capital markets, investment management, and property management, among others. In 2018, CBRE registered more properties (6,418 buildings) under the U.S. ENERGY STAR program than any other firm, and is outpacing reductions in its scope 1 and 2 science-based targets for CO2e emissions. Ethisphere Institute named CBRE as one of the World's Most Ethical Companies for the 6th consecutive year in 2018, Fortune World’s named CBRE the #1 Real Estate Company in 2019, and Forbes named CBRE to its America’s Best Employers for Diversity list in 2018 and 2019.
Prologis is a multinational logistics real estate investment trust headquartered in San Francisco, CA, USA. Across its portfolio, Prologis has installed 1186 MW of renewable energy, and 88% of its total operating portfolio has efficient lighting. Prologis is the first logistics real estate company to issue a green bond. ProLogis science-based target for GHG reduction is to reduce absolute scope 1 and 2 GHG emissions 21% by 2025, and 56% by 2040 from a 2016 base-year. Prologis also commits to reduce absolute scope 3 GHG emissions 15% by 2025 and 40% by 2040 from a 2016 base-year. The Prologis Community Workforce Initiative addresses customers’ labor needs by providing logistics career training and job placement opportunities, with a focus on creating job pipelines in underserved communities to the logistics industry.
Hannon Armstrong Sustainable Infrastructure Capital Inc
Hannon Armstrong Sustainable Infrastructure (HASI) Capital is a sustainable infrastructure investment company headquartered in Annapolis, MD, USA. Hannon Armstrong invests in climate change solutions by providing capital to the leading companies in the energy efficiency, renewable energy and other sustainable infrastructure markets. HASI's investments reduce 2.8 million cumulative metric tons of carbon dioxide (CO2) annually, and the company has a CarbonCount® score of 0.42 metric tons of CO2 emissions avoided per $1,000 invested. Internal to their operations, 100% of Hannon Armstrong's energy demands are met through renewable energy sources. In 2019, Hannon Armstrong Chairman and CEO Jeff Eckel was named the Responsible CEO of the Year – ESG Leadership by Corporate Responsibility magazine.
American Tower Corporation (REIT)
American Tower Corporation is a real estate investment trust that owns, operates, and develops wireless and broadcast communications infrastructure in several countries worldwide and is headquartered in Boston, MA, USA. American Tower leases antennae sites on multi-tenant towers for a diverse range of wireless communications industries, including personal communications services, paging, and cellular. Core to their business is improving reliable communications and internet technology across the world. In 2018, American Tower invested over $30 million in energy solutions, increasing the number of lithium battery storage sites to 1,800 and the number of solar assist sites to 3,000 across the world. American Tower's board is comprised of 50% women or ethnic minorities.
Equinix, Inc. (REIT)
Equinix, Inc. is a global data center REIT headquartered in Redwood City, CA, USA. Equinix specializes in internet connection and data centers, and is active in 52 markets across five continents. Equinix has committed to a goal of 100% clean and renewable energy across their global operations. In 2018, 90% of Equinix's global energy use was met by renewable energy sources, and the company achieved a 71% reduction in its market-based carbon footprint since 2015. In 2018 Equinix's employee commitment and satisfaction levels were above industry average at 85% (compared to 73% benchmark), and Equinix expanded its parental leave policy from 1 week to 8 weeks of paid time off for U.S.-based employees. Equinix ranked #4 on the U.S. EPA’s National Top 100 list of green power users in 2019.
Host Hotels & Resorts Inc
Host Hotel & Resort is a lodging REIT headquartered in Bethesda, MD, USA. Host specializes in luxury and upscale hotels, with 93 lodging properties and over 52,000 rooms worldwide. In 2018, Host invested over $30 million in sustainable projects that generated energy and water utility savings, and issued the lodging REIT sector's first green bond. Host made CDP's Climate Change A list for the fifth consecutive year in 2019, was named #1 in GRESB's Overall Global Sector Leader in Hotels, and received a score of 80% on the Human Rights Campaign Foundation’s 2020 Corporate Equality Index (CEI), which measures corporate policies and practices related to LGBTQ workplace equality.
Healthpeak Properties Inc
Healthpeak Properties, Inc. is a diversified REIT headquartered in Irving, CA, USA that owns and develops healthcare real estate for life science, senior housing and medical office tenants. Healthpeak has exceeded its environmental goals in recent years, reducing its greenhouse gas (GHG) emissions by 26.7% since 2011, and its landfill waste disposal by 8.8% since 2011. Healthpeak's Board of Directors is 50% female, and 57% of their female employees are in leadership positions. Healthpeak was named to Corporate Responsibility (CR) Magazine’s 100 Best Corporate Citizens List in 2019, has been selected as GRESB's Global Healthcare Sector Leader 3 times, and has been on the FTSE4Good Index for 7 consecutive years.
Kilroy Realty Corp
Kilroy Realty Corporation is a REIT headquartered in Los Angeles, CA, USA that focuses on the ownership, acquisition, development, and operation of Class A office properties. Kilroy builds all new office developments to a minimum of LEED's Gold Certification standards, and has committed to carbon neutral operations by the end of 2020. In 2018, Kilroy issued $400 million in green bonds, and was named #1 in GRESB's North American Listed Office sector. Kilroy ended 2018 with 15 Fitwel building health certifications, the greatest number of certifications of any non-government real estate owner in the world. Kilroy's workforce is 57% female and was included in the 2020 Bloomberg Gender-Equality index.