Additional information

We benchmarked our online report against the Global Reporting Initiative Sustainability Reporting Guidelines GRI G3.

We believe our report to be in line with level C of GRI G3.

Advisors statement
Upstream Sustainability Services have been advising Hermes on their Responsible Property Investment Strategy for over 10 years.

We advise and support Hermes on all elements of the RPI programme, from supporting the property managers to developing the Emissions Trading Scheme. A significant part of our work is assisting Hermes to measure and monitor the performance of their portfolio by developing bespoke tools, guidance and minimum requirements.
Due to this long term and extensive relationship with Hermes and their Property Managers, we can confirm that in assisting Hermes with this report, all is being done to ensure that the data and information contained within are correct at the time of publication. Whilst this report has not been subject to a full and independent audit, we believe that the report is an accurate representation of Hermes’ approach to Responsible Property Investment and its evolving performance.

Hermes continues to be one of the leaders in the field of RPI, constantly challenging the status quo, and moving the industry forward. This is especially commendable considering the current market conditions, and we particularly recognise the company’s efforts to demonstrate how it creates real value from RPI in this Report.

The 2009 report is engaging and informative and, yet again, is an improvement on the previous year. We look forward to another year of working together with Hermes to achieve ever more exacting RPI standards.

Alex Edds
Associate Director, Upstream Sustainability Services, Jones Lang LaSalle

Important Information
This document has no regard to the specific investment objectives, financial situation or particular needs of any specific recipient. This document is published solely for informational purposes and is not to be construed as a solicitation or an offer to buy or sell any securities or related financial instruments. Prospective investors must rely on their own examination of the legal, taxation, financial and other consequences of an investment in the funds, including the merits of investing and the risks involved. Prospective investors should not treat the contents of this document as advice relating to legal, taxation or investment matters. Before entering into an agreement in respect of an investment referred to in this document, you should consult your own professional and/or investment advisers as to its suitability for you and should understand that statements regarding future prospects may not be realised. No action should be taken or omitted to be taken in reliance upon information in this document.

Hermes Real Estate Investment Management Limited has its registered office at Lloyds Chambers, 1 Portsoken Street, London E1 8HZ.

This document may include a list of Hermes Real Estate Investment Management Limited clients. Please note that inclusion on this list should not be construed as an endorsement of Hermes Real Estate Investment Management Limited services.