Our convictions

As part of the Institutional Investment Group the core value proposition for investors and employees of ServiceInvest Kapitalverwaltungsgesellschaft mbH has been based on placing a significant weight on sustainability factors in all actions and services.

Driven by our increased market position and social responsibility – but also by general social developments – we are committed to using our own sphere of influence to make a significant corporate contribution to a sustainable environment and society.

For this reason, ServiceInvest has translated the general principles of sustainable corporate governance into its own corporate sustainability strategy, which makes sustainable action in and by our company binding and also takes into account any potential adverse effects on sustainability factors when making investment decisions.

Central cornerstones for our sustainable actions

Central contents and cornerstones of our actions are:

Promoting of impact fund projects (so-called "article 9 funds" of the EU Regulation 2019/2088), which make it their task to pursue sustainability goals with their actions at least on an equal footing with return goals.
Promoting responsible and sustainable action by our asset and property management partners by anchoring behavioural guidelines in the business relationship.
Promoting investment and management initiatives at properties that positively work towards

  • reducing CO2 emissions and
  • decreasing the overall burden on tenants through reduced heating and ancillary costs.

Promoting responsible use of resources.
Promoting information technology and processes that are designed to make

  • the consumption of resources by fund properties transparent as well as
  • sustainable action measurable.

Sanctioning behaviour that is intended to violate key sustainability principles.

Codices and memberships

UN Global Compact

ServiceInvest Kapitalverwaltungsgesellschaft respectively its group of companies has committed itself to act in accordance with the code “United Nations Global Compact” (UN Global Compact).

The UN Global Compact is the world’s largest and most important initiative for responsible corporate governance. It is based on 10 universal principles in the areas of

  • human rights,
  • labour standards,
  • environmental protection and
  • prevention of corruption

and therefore pursues the vision of an inclusive and sustainable global economy for the benefit of all people, communities and markets through the 17 Sustainable Development Goals (SDGs).

The 17 Sustainable Development Goals are:

Systematic consideration of adverse sustainability impacts

Investment proposals are specifically screened for key negative sustainability impacts and sustainability indicators as part of our Adverse Sustainable Screening (ASS):

Environment & Biodiversity
Signs of poor handling in the compliance with environmental standards or the prevention or remediation of contamination
Emission of gases responsible for the greenhouse effect
Evidence of direct support for production or distribution of ozone-depleting gases without a phase-out scenario
Controversy weapons / armorIndications of direct support for the production or distribution of controversial weapons (cluster bombs, anti-personnel mines) or relevant system components
Human & workers rightsSigns of poor handling of violations of international human rights conventions or ILO core labour standards (child labour, forced labour, discrimination, freedom of association)
Money Laundering PreventionSigns of poor handling in screening or money laundering incidents
Corruption preventionSigns of poor handling of screening or corruption and bribery incidents

The results of the Adverse Sustainable Screening are incorporated into the final investment decision and, if materiality thresholds are exceeded, lead to our veto on sustainability grounds.

Sustainability in the remuneration policy

Our sustainability beliefs have been a central component of our remuneration policy since the company was founded. This is especially true for employees with variable remuneration components, as compliance with our sustainability convictions becomes part of the annual individual targets. Variable remuneration components are not granted in the event of sustainability violations to the extent possible under labour law and depending on the significance of the violations; to this extent, sustainability violations are sanctioned monetarily. In addition, individual bonuses are sometimes agreed upon for the achievement of positively defined sustainability goals. In this way, we also want to give monetary value to significant sustainable action.