PGGM working with managers to quantify social impact
The Dutch pension fund is working with investment managers to make the social impact of property investing more quantifiable on a per fund basis even as poor measurement remains a challenge for the sector.
Poor measurement and data continue to frustrate investing that is socially impactful, investors say, as they underscore a need to improve social performance nonetheless.
Maarten Jennen, senior director and strategist in private real estate at PGGM Investments, the €277 billion Dutch pension fund, noted continuing challenges in achieving standardised data for social impact, contrasting it with progress on emissions data, which was available in a format that could be compared acros…
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