Responsible Property Investment

To ensure we realise our sustainability aspirations in practical and measurable ways, we have produced and published formal objectives and targets that will help embed responsible practices in our investment process.
RPI in Action

RPI in Action

Summary of Sustainability Objectives

Lothbury Investment Management’s objectives and targets for 2019 are to:

  1. Monitor and report on year-on-year performance trends for our key performance indicators.
  2. Review and develop the governance structure for our sustainability programme, to ensure it is clear and effective.
  3. Identify and engage with a representative cross-section of business stakeholders, such as suppliers and employees, as well as at the fund level such as investors and occupiers, to assess the significance of environmental, social and governance (ESG) issues to Lothbury.
  4. Develop and deliver an employee satisfaction survey and monitor feedback to gauge overall satisfaction.
  5. Review the efficacy of the current pre-acquisition checklist and the guidance for its use by Investment Managers.
  6. Assess the ESG risk profile of the standing investment portfolio and establish risk reduction and resilience enhancement strategies through the asset management process (including with reference to risk thresholds within the pre-acquisition screening process).
  7. Develop and improve the existing fund level occupier engagement programme, initially at multi-let / managed assets.
  8. Procure Energy Performance Certificates (EPCs) for the remainder of the Lothbury Property Trust portfolio. As part of this process, we will review all EPCs to produce an outline for prioritising and planning potential improvements, in the context of risks associated with minimum energy efficiency standard regulations.
  9. Introduce Green Energy contracts across all Landlord controlled space.
  10. Investigate the feasibility of, and identify assets for, introducing onsite renewable electricity generation and supporting low carbon technologies.
  11. Set appropriate improvement targets in energy consumption (carbon), water and waste at multi-let assets, initially for landlord-controlled services.
  12. Review and where possible improve efficiency of Building Management Systems.
  13. Review new sustainability requirements in Property Management Agreements (PMAs), as part of contract renewal ahead of implementation.
  14. Communicate our sustainability requirements to key external suppliers and review our process for monitoring progress.
  15. Communicate best practice guidance to occupiers of fund assets on fit-out, with reference to available industry toolkits.
  16. Ensure that all refurbished and new assets are built to BREEAM Very Good or higher, where feasible to do so.
  17. Target at least 90% of construction waste diverted from landfill.
  18. Target 15% reduction in energy consumption across portfolios.
  19. Target 15% reduction is CHG emissions across portfolios.
  20. Target 10% reduction in water consumption across portfolios.
  21. Target a zero accident rate on site at development projects.

The following case studies highlight some of the specific practices we are introducing in our developments, to meet our sustainability targets.


Sustainability Case Studies

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Important notice


This is the website of Lothbury Investment Management Limited of 155 Bishopsgate, London EC2M 3TQ, United Kingdom, a company registered in England with registered number 04185370. Lothbury Investment Management Limited (or “LIM”) is authorised and regulated by the Financial Conduct Authority in the United Kingdom.

Lothbury Investment Management Limited is the manager of the Lothbury Property Trust ("LPT") and the Lothbury Global Feeder LP ("LGF") (together, the “Funds”). LPT is a sub-fund of the Lothbury Global Institutional Funds, which is regulated by the Central Bank of Ireland. LGF was established as a limited partnership in Jersey under the Limited Partnerships (Jersey) Law 1994 through the filing of a declaration of limited partnership. The Funds are alternative investment funds (“AIFs”) for the purposes of the Alternative Investment Fund Managers Directive (2011/61/EU) (the “Directive”). LIM has been appointed and acts as alternative investment fund manager (“AIFM”) in respect of the AIFs. For these purposes, LIM is authorised and regulated in the United Kingdom by the Financial Conduct Authority for the purposes of managing unauthorised AIFs (and for various other activities). The Funds are also unregulated collective investment schemes for the purposes of the United Kingdom Financial Services and Markets Act 2000 (the “Act”).

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  1. persons who are outside the UK;
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Purpose

The purpose of this website is to provide general information about Lothbury Investment Management Limited and the Funds. The Funds and Lothbury Global Feeder Limited but not any investors in these entities are clients of Lothbury Investment Management Limited. Nothing on this website is investment, tax or legal advice, nor is anything on this website a placement or offering to buy or sell units or any other investment. Tax treatment depends on individual circumstances and may be subject to change in the future. You should take your own independent investment, tax and legal advice as you think fit.

Please be aware that ultimately interests in the Funds may only be acquired by professional investors. A professional investor, for the purposes of LGF, is every investor that is considered, or may be treated, based on a request to LIM (as the AIFM), as a professional client or an eligible counterparty as those terms are used in exemption 7 of COB 4.12.4 of the Handbook of rules and guidance issued by the Financial Conduct Authority of the United Kingdom. A professional investor, for these purposes of LPT, is every investor that is considered, or may be treated based on a request to LIM (as the AIFM), as a professional client within the meaning of Annex II of the Markets in Financial Instruments Directive (2011/61/EC).

Subject to applicable law and satisfaction of any relevant notification or other requirement the Funds may be marketed (within the meaning of the Directive) within certain jurisdictions in the European Economic Area ("EEA"). Potential investors can request details of such jurisdictions from LIM. LGF is intended for persons who are not established or resident in the United Kingdom.

The information contained in this section does not constitute an offer or solicitation to any person or entity which is United Kingdom Resident for tax and investment purposes, to buy or sell shares or any other security whatsoever in other jurisdictions where it would be unlawful to do so, including but not limited to, Ireland and the United States of America.

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