LONDON, United Kingdom (10 November 2020) – Arcus Infrastructure Partners (“Arcus”), is pleased to announce that it has been named Sector Leader in each of the Global Diversified Fund, Global Sector Specific Fund (excluding renewables) and European Fund categories in the 2020 GRESB Infrastructure Assessment.
“We are extremely proud to have been recognised by GRESB for our ESG leadership for a fourth year. ” says Ian Harding, Co-managing Partner. ” The continuous improvement year on year of all Arcus funds and assets is a credit to our Asset Management Teams and Portfolio companies.”
Each year GRESB assesses and benchmarks the ESG performance of real assets worldwide. The GRESB assessments are guided by what investors and the industry consider to be material issues in sustainable performance of real asset investments and are aligned with international reporting frameworks, goals and emerging regulations.
Arcus continued its strong GRESB performance with the Tivana Investor Vehicles (the TDF holding partnerships) ranking first of the 75 infrastructure funds which completed the full GRESB assessment, scoring 96 out of 100 possible points (compared to 77/100 in 2019) while the average GRESB fund score was 65 out of 100. This strong score also meant Tivana has been named GRESB Infrastructure Sector Leader for European Funds and Sector Specific (Non-renewables).
For the fourth year in a row, Arcus European Infrastructure Fund 1 (‘AEIF1′) was ranked top of the European diversified Infrastructure Funds (against 23 peers) and second overall. AEIF1 scored 95 out of 100 possible points (compared to 87/100 in 2019). Arcus’ most recently raised fund, Arcus European Infrastructure Fund 2 (‘AEIF2′), with smaller and less mature assets, showed significant improvement in 2020, with 86 out of 100 points (compared to 62/100 in 2019) and ranked 3rd in the European diversified fund peer group.
Overall, all five Arcus managed vehicles received a 5-star GRESB rating and ranked in the top 10 of the 75 funds which completed the full GRESB assessment, with Tivana Investor Vehicles, AEIF1 and Arcus European Trains (the Alpha Trains’ holding partnership) ranked first, second and third respectively.
Additionally, Arcus’ underlying assets scored extremely well when benchmarked against their peers with all Arcus’ six participating assets receiving a 5-star rating. Brisa, GTC, Swiss4net and TDF were ranked first in the respective sub-sector peer groups.
Arcus joined GRESB as a member in March 2017, with all Arcus investee companies participating since 2017, and it has been a member of the GRESB Infrastructure Benchmark Committee (IBC) since October 2018. 2020 is the fifth year GRESB has run the infrastructure benchmarking process with 118 Infrastructure Funds and 417 infrastructure assets participating (compared to 107 Funds and 393 assets in 2019).
“We are proud to recognise the 2020 Sector Leaders for their clear commitment and meaningful action to improve their ESG performance.” says Sander Paul van Tongeren, Managing Director at GRESB. “Your efforts continue to shape the future of sustainability leadership and play a critical role in accelerating the transition towards sustainable real assets”.
“In 2020 more than ever before, the importance of sustainability to long term value is clear and the Arcus ESG management approach, especially to the “S” factors in ESG, have been critical to Arcus and our portfolio companies agility in responding to the Covid-19 pandemic, and our portfolio-wide resilience to its effects ” says Neil Krawitz, Arcus Head of ESG. “The GRESB assessment process is an important tool in our asset management approach to measure and review the sustainability our investee company’ operations. We are also pleased to have continued taking a leading role on driving improvements in infrastructure ESG management on the GRESB IBC, promoting ESG best practices and the adoption of GRESB across the infrastructure sector, and we are particularly pleased with the growth again in GRESB participant numbers in 2020, notwithstanding the challenges of participation during the Covid-19 pandemic.”
About Arcus
Arcus Infrastructure Partners is an independent fund manager focused solely on long-term investments in European infrastructure. Arcus invests on behalf of institutional investors through discretionary funds and special co-investment vehicles and, through its subsidiaries, currently manages investments with an aggregate enterprise value in excess of EUR 19bn (as of 30 September 2020). Arcus targets mid-market, value-add infrastructure investments, with a particular focus on businesses in the transportation, energy and telecommunications sectors.
About GRESB
GRESB is a mission-driven and investor-led organization providing standardized and validated Environmental, Social and Governance (ESG) data to the capital markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world. In 2020 alone, more than 1,200 real estate portfolios reported to GRESB covering more than 96,000 assets. Our coverage for infrastructure includes more than 540 infrastructure portfolios and assets. Combined, the reported assets represent US $5.3 trillion AUM. The data is used by more than 100 institutional and financial investors to monitor investments across portfolios and navigate the strategic choices needed for the industry to transition to a more sustainable future.
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