INVESTMENT ACTIVITIES
Financing a more sustainable built environment
We’re funding the development and repositioning of sustainable, green buildings for the benefit of investors, building occupants, and the broader community.
As we navigate an increasingly interconnected and complex world, the need for sustainable and responsible business practices has become paramount. We are committed to integrating ESG considerations across our business operations and investment activities. By embracing ESG principles, we strive to not only create long-term value for our stakeholders but also contribute positively to the communities we serve, and the environment in which we operate.
ESG Approach
MaxCap considers that the assessment of ESG factors in our investment activities is a natural extension of our disciplined approach to risk management and is consistent with our central mission of delivering superior risk-adjusted returns to investors.
ESG integration forms a key part of our approach to responsible investment in our CRE credit investment activities and in the way we operate our business. We believe the consideration of ESG risks and opportunities in our investment processes and business activities will contribute to the long-term performance and resilience of our portfolio and our business.
At MaxCap, we are and improving our ESG approach, working towards best practice in our operations and investment activities in the non-bank lending and real estate investment management market.
Investment-level
Financing a more sustainable built environment.
MaxCap is a signatory to the United Nations-supported Principles for Responsible Investment (PRI). One of the six key Principles of the PRI is the integration of ESG factors into our investment analysis and decision-making processes.
Firm-level
We operate with strong corporate values and demonstrate our commitment to ESG principles in our operations and engagement with stakeholders.
Our commitment
We are committed to delivering a strategy that exceeds investors’ expectations and we measure ourselves against higher standards than those proscribed by regulatory requirements. We continue to drive best practice approaches in our operations and originations. MaxCap are signatories to the:
- United Nations Principles for Responsible Investment
- Responsible Investment Association of Australasia
- Investor Group on Climate Change
- Climate Active: Certified Carbon Neutral Organisation For Our Business Operations
ESG Advisory Committee
Governance & Responsible Leadership
Our ESG Policy and strategy is supported by robust governance structures that promote effective oversight and management of ESG risks and opportunities. The MaxCap Board has ultimate accountability for ESG strategy and risk management and is supported by our recommendatory ESG Advisory Committee (“ESG AC”). The ESG AC supports the advancement of MaxCap’s ESG strategy and consists of members from diverse disciplines, including experts in responsible investment practices and climate change. The ESG AC aims to support MaxCap as it continues to develop and execute a leading policy position and strategy in this dynamic area, which in turn supports our status as a leading commercial real estate manager. Management is responsible for the discharge and implementation of MaxCap’s ESG Policy.
The ESG Advisory Committee (EAC) was established in 2021 by MaxCap Group’s Board to support the development and advancement of its ESG strategy across the MaxCap Group business.
The EAC meets quarterly and consists of members from diverse disciplines including experts in responsible investment practices and climate change.
Sustainability & Climate Change
Green Buildings Credit Portfolio
The built environment is a major consumer of energy, with buildings accounting for around half of Australia’s electricity use (see here). MaxCap has demonstrated its commitment to exploring ways we can help decarbonise the sector, with the launch of our first transaction with the Clean Energy Finance Corporation (CEFC).
The CEFC has committed up to $75 million to a new investment mandate with MaxCap to help decarbonise investments in key parts of the commercial property sector – offices, hotels, and retail. Further details on this transaction can be viewed here.