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.
GIC doesn't insist on the most up-to-date ESG data before investing in a target, as long as it has the potential to improve how it measures its risks in the area.
Measuring the environmental impact of investments is difficult, and measuring the social impact is harder still. However, this hasn’t stopped asset owners and managers from searching for better measurement techniques.
The Singapore state fund recently bought into impact investing specialist LeapFrog, and is eyeing more investments that combine strong financial returns with a positive social effect.