Judge's report

APG is undoubtedly a leader in sustainable investing and most importantly has influenced the real estate industry to improve its sustainability credentials by being at the cradle of various initiatives and organisations that have helped set global standards, such as GRESB, CRREM, EPRA and INREV.

ESG and responsible investment are fully integrated into the investment strategy and process, and APG’s recent move from ESG to impact investing could be an influential next step – particularly when combined with its growing focus on new technology to drive improvements. ESG and responsible-investment demands are communicated to outside partners, progress is monitored by a specialist team and results communicated to clients via dedicated reports.