Climate change
Climate change presents one of the most significant challenges for society and the global economy. The financial sector has a critical role to play, alongside government, business, investors and the community to support the transition to a low-carbon and climate resilient economy. Through our advisory and development, asset management and commodities trading activities –
Pareto Real Estate is committed to driving forward the green energy transition. Our work centers around three key areas of activity:
- developing and managing renewable energy projects
- adapting infrastructure for climate resilience
- helping our clients on their decarbonisation pathways.
Alongside the action being taken by our businesses, Pareto Real Estate supports the important work of the Task Force on Climate-related Financial Disclosures (TCFD) and is actively implementing the TCFD recommendations
Sustainability in direct operations
Management of Environmental and Social Issues in Direct Operations
Human Rights
We recognize that managing our operations efficiently and sustainably aligns with stakeholder expectations and contributes to creating workplaces that support the health and well-being of our employees. We actively measure and monitor key metrics of our environmental footprint and strive for continuous improvement in our direct operations.
Pareto's suppliers are critical to our business success. We seek the delivery of high-quality goods and services and are committed to ensuring high standards of environmental, social, and governance performance across our supply chain, as outlined in our Principles for Suppliers.
Our human rights risk management extends to our supply chain. We maintain an ongoing risk-based assurance program that includes in-depth assessments and onsite meetings with suppliers exposed to high human rights risks based on their country of operation and service category. In response to client and market expectations, we engage indigenous and minority suppliers in the countries where we operate.
Client experience
- Client satisfaction
- Responsible ownership
Pareto Real Estate relies on building and maintaining enduring relationships with our clients across all our businesses. In meeting the responsibilities that come with owning and managing public assets, we strive to manage our investments and managed funds’ portfolio companies for long-term success and the benefit of our clients.
We are committed to ensuring that our products are marketed appropriately and that our clients are treated fairly. We have implemented policies and procedures to ensure that consumer complaints are handled efficiently and appropriately, and our agreements do not contain provisions that may be considered abusive or unfair.
We have a Customer Advocate who is responsible for promoting fair and reasonable outcomes for customer complaints, reviewing and assisting with escalated customer complaints, and providing a customer-centric perspective when making recommendations to improve the customer experience.
People and workplace
- Talent attraction and development
- Diversity and inclusion
- Remuneration
- Workplace health and safety and wellbeing
Pareto Real Estate recognizes that our most important assets are our people. We recruit talented individuals and encourage them to realize their potential in an environment that values excellence, innovation, and creativity.
We offer a wide range of programs that reflect our "What We Stand For" principles and support the development and wellbeing of our staff. This ensures our business continues to meet the highest standards and serves the evolving needs of our stakeholders.
As a company operating in over 26 countries, valuing diversity among our people is fundamental to our success. Our broad range of experiences, skills, and perspectives is a key strength, essential for delivering a wide variety of services to our clients globally and understanding the communities in which we operate.
Business conduct and ethics
- Risk culture and conduct
- Management of legal and regulatory environment
- Transparent information and fair advice and dealing
- Political contribution and engagement
- Taxation
- Responsible ownership
- Information security and data privacy
As a global real estate agency, we operate in a highly regulated environment. We are committed to conducting our business in compliance with all applicable laws and regulations, enhancing our market reputation, and supporting local regulators in achieving their objectives. Failure to manage legal and regulatory risks can significantly impact our clients, the markets in which we operate, and our business and reputation.
We place a strong emphasis on ethics, integrating this approach into our daily responsibilities and conduct. The long-held foundations of our risk culture are the principles of "What We Stand For" – Opportunity, Accountability, and Integrity. Our staff are made aware that these principles are expected to guide all day-to-day behaviors and actions.
Community
The Pareto Group Foundation
The Pareto Group Foundation is the philanthropic arm of Pareto Group. The Foundation encourages Pareto staff to give back to their communities by offering service, financial support, and leadership to the community organizations they are passionate about.
Engaging our stakeholders
Clear dialogue with our stakeholders is important to building strong relationships, maintaining trust and enhancing business performance. We regularly engage with a broad range of stakeholders including:
- Clients (corporate, institutional, government and fund co-investors) Global and sector insights and research
- Service and experience
- Transparency and disclosure
Regulatory compliance
Pareto Real Estate provides clients with property sales and and aquisition, property asset management, mortgage and financing, advisory, risk and capital solutions across debt and equity. Our specialist teams engage with our clients through a variety of channels including one-to-one contact, video and online, knowledge-based conferences and events, and other insight-based communications.
