“We help our customers with advice and financing to make buildings more sustainable and joining the fund as a co-financier is a logical step for these efforts.”The fund, which started in 2014, has now provided approximately €600 million in financing for making real estate more sustainable.
The goal for customers to comply with the Paris Climate Agreement has an end date of 2050, “but we think it is important to accelerate this, so we commit to reaching this goal 10 years earlier.”Commercial real estate is also part of our Terra approach, which focuses on the Netherlands, as that’s where over 40% of our portfolio is.