REVCAP HAS A WELL ROUNDED ESG STRATEGY
MANAGEMENT OF OUR ENVIRONMENTAL IMPACT
- Revcap itself is targeting being Net Zero Carbon by 2030
- Annual measuring and monitoring of GHG emissions, energy, waste, water and biodiversity data alongside social and governance metrics for KHCP V, WHCP and WBP assets
- Focus on smaller, transitional assets where there is significant opportunity to improve energy efficiency, biodiversity and asset resilience
- Risk Committee established to help mitigate and adapt to the physical, transitional and regulatory risks of climate change
REVCAP’S COMMITMENT TO A SUSTAINABLE SOCIETY
- Look to invest in place based solutions which generate social value for our tenants, residents and investors whilst creating meaningful job creation for the local communities we work within
- Industry engagement and collaboration through various bodies including the UK Green Building Council, Carbon Accounting Alliance and INREV
- A continued focus on charitable giving, raising £959,000 for various charities to date
ETHICS AND GOVERNANCE PRACTICES
- UNPRI Signatory since 2021, reflecting our commitment to measuring and transparently disclosing our sustainability performance to investors
- We maintain comprehensive policies and processes to identify and manage ESG risks during acquisition, development and operation of our real estate
- B Corp application in progress, demonstrating the highest standards of social and environmental performance, transparency and accountability
OUR COMMITMENT TO OUR EMPLOYEES
- We encourage a respectful, inclusive culture where people feel comfortable expressing all aspects of their identity at work
- Working to improve accessibility to the real estate industry for underrepresented groups through paid internships and mentoring
- Our remuneration programme is competitive and fair, aiming to attract, retain and motivate employees with ESG aligned objectives
- We aim to educate and enable our employees to support our ESG strategy
REVCAP IS COMMITTED TO TRANSPARENT AND MATERIAL ESG REPORTING
UN PRI SIGNATORY
Revcap is a signatory to a the UNPRI, demonstrating our commitment to responsible investing, ESG best practice and transparent reporting to our investors
ESG FRAMEWORKS & INDUSTRY COLLABORATION
Revcap is an active member and signatory to a number of industry bodies including UNPRI, INREV and IPF. Revcap is engaged with various sustainability working groups including the UKGBC Circular Economy Task Force and the Carbon Accounting Alliance to help advance net zero initiatives across industry.
CHARITABLE GIVING AND PHILANTHROPY
Each year, Revcap is committed to supporting a variety of charities and causes whether that be by members of the team taking part in a charity event, organising company challenges or through corporate donations. The team aims to continue to support those in the long term, while also encouraging employees to raise awareness of causes they are personally committed to.
Since 2005 Revcap has organised and sponsored the annual property walk / Thames towpath challenge and has raised over £959,000 for various charities.
Will Killick serves as a Trustee for the Elifar Foundation, a charity that aims to help improve the care, facilities and equipment available to profoundly disabled children and young adults
In 2021, Harrison Bees was admitted to the Board of Trustees for Trekstock; a charity which provides support to young adults diagnosed with cancer
Andrew Pettit is a Founder Patron of the Horizon Youth Zone in Grimsby. This charity develops modern youth clubs in deprived areas of the UK
Georgina Elliott is Co-Founder of Eco Brixs, an environmental NGO using a circular economic model to address plastic pollution and high unemployment in Uganda
Revcap is a member of the Academy of Real Assets which seeks to improve access for underrepresented students to the real estate industry through volunteering and mentoring.
Revcap is participating in the Mayor’s Business Climate Challenge (BCC) – a voluntary energy efficiency programme developed to support businesses in reducing their energy consumption, costs, and carbon emissions. We have pledged to reduce our energy consumption by 10% within a year and will receive complimentary customised technical advice from consultants to aid in creating a more energy efficient workplace, as well as future-proof the business against rising energy prices. Findings from the BCC pilot indicate that in the first 9 months of the programme, participants reduced their energy consumption on average by 16%, saving £8,300 in energy costs.
DOWNLOAD REVCAP’S ESG POLICY HERE. REVCAP’S ANNUAL ESG REPORT IS AVAILABLE VIA THE INVESTOR LOGIN