Global Property Research (GPR), a service provider for leading financial institutions, specializing in customized property indices, collaborated with real estate expert La Française to launch a sustainable global real estate index designed for institutional investors called GPR IPCM LFFS Sustainable GRES Index. This index sets new standards in terms of sustainability in the listed real estate sector. La Française member companies, Inflection Point Capital Management UK Ltd. (IPCM) and La Française Forum Securities (LFFS), together with GPR, will maintain the index, which consists of up to 150 global sustainable real estate securities, selected based on their real estate activities, ESG performance and market capitalization.
GPR compiles and administers the Index, while IPCM, the specialist, sustainability-focused investment advisory arm of La Française, uses its proprietary sustainability / ESG model to assess companies in terms of carbon intensity, materials use, water use efficiency, electricity use and energy efficiency, as well as health & safety, human capital management and overall governance. To generate the final IPCM ratings and achieve the best possible accuracy in rankings, IPCM synthesizes data, information, and insights from a variety of sources, including LFFS which will provide IPCM with ESG related company data, information and insights garnered from its research and interviews with management. GPR calculates index performance on the basis of its proprietary methodology on the universe of the top 150 ESG constituents with a quarterly review cycle.
Key Features and Coverage on RIMES
For this data source, RIMES hosts the selection of stocks included in the GPR IPCM LFFS Sustainable GRES Index. These companies have a ranking based on the Inflection Point Capital Management (IPCM) proprietary sustainability/ESG model, in cooperation with the La Francaise Forum Securities team. Companies rated in the top two quartiles of the investment universe are eligible for inclusion and capped at a maximum of 150 constituents in order to keep a differentiated qualitative angle of this subset of the global universe.
Some of the data items available include:
- Index Items – Gross Index, Number of Constituents, Price Index, etc.
- Company Items – Continent Description, Country Description, Currency Code, Daily Dividend Return, Daily Price Return, Date of Portfolio, Float Shares, Free Float Factor, Index Currency Code, Index Identifier, Investable Market Value, Investable Weight, ISIN Code, Last Price Date, Market Capitalization, Opening investable Market Value in Euros, Opening Investable Weight in Index, Sector Code, Price Return (EUR, LOC, USD), Sector Description, Sedol Code, Shares Outstanding, Total Return (EUR, LOC, USD), Unadjusted Price, etc.