Starwood European Real Estate Finance Limited
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Environmental Risk
- Social Responsibility
- Corporate Governance
Environmental Achievements
- Improved environmental impact of real estate through refurbishment projects
Social Achievements
- Loan portfolio significantly funded in sectors with positive social impact such as hospitality and healthcare
Governance Achievements
- Board comprising 50 per cent women, one of whom is the Senior Independent Director
- Orderly realisation strategy approved by 99 per cent of shareholders
Climate Goals & Targets
Long-term Goals:
- Orderly realisation of assets and return of capital to shareholders over 3-4 years
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Financial Market Volatility
- Strategic Risk (achievability of orderly realisation strategy)
- Market Deterioration Risk (economic stagnation or recession)
- Interest Rate Risk
- Foreign Exchange Risk
- Cybercrime
- Regulatory Risk
- Operational Risk
- Climate Change
Mitigation Strategies
- Monitoring estimates and assumptions underpinning targeted returns
- Share buyback program (past)
- Orderly realisation strategy to return capital over time
- Cash reserves and high-quality loan portfolio
- Diversification of investments (geographically and by sector)
- Regular reviews of operational and financial control environment
- Constant monitoring of regulatory changes
- Close contact with service providers
- Consideration of physical and transitional impact of climate change in valuation and credit loss assessments
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: AIC Code of Corporate Governance
Certifications: Null
Third-party Assurance: PricewaterhouseCoopers CI LLP
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed