ESG Strategy

We are committed to sustainable investments, strengthening social cohesion, and promoting transparency and responsible governance, to create lasting value for our tenants and investors.

Focus on sustainability

Rockfield is committed to promoting a sustainable living environment and housing products, ensuring a sustainable future for stakeholders and the communities it serves. This dedication is considered essential for generating long-term value. Specializing in managing living spaces (including various communal areas) for students and young professionals, Rockfield offers innovative housing concepts such as ‘The Cohesion,’ ‘Stunest,’ and ‘Heppy.’ These concepts are specifically designed to encourage interaction among tenants and contribute to the well-being of the community and personal development.

To reinforce this commitment, Rockfield has implemented a comprehensive ESG policy. This policy ensures that our investment decisions align with our broader environmental, social, and governance objectives. Rockfield has established an ESG team responsible for overseeing various ESG aspects, setting goals, and monitoring progress.

In line with these objectives, Rockfield aims to contribute to the United Nations Sustainable Development Goals (SDGs), focusing on relevant goals that align with its operations.

Rockfield is also committed to conducting its business in a way that respects and promotes human rights and dignity. This commitment aligns with our core values of integrity, respect, and accountability, reflecting our responsibility towards our employees, clients, suppliers, and the communities in which we operate.

Sustainability information (SFDR)

Rockfield acknowledges the European Commission’s ‘EU Action Plan on Sustainable Finance,’ established in 2018 to encourage the financial sector to invest sustainably and for the long term. The ‘Sustainable Finance Disclosure Regulation (SFDR)’ is a direct result of this initiative, aimed at increasing transparency around sustainable investments in the financial sector. In accordance with SFDR Level 2 and the EU Taxonomy, the Dutch Urban Living Venture fund is classified as an Article 8 fund:

Sustainable Financial Disclosure Regulation – DULV

PAI Statement

Rockfield takes into account the impact of its investment decision-making processes on sustainability factors.

Net Zero Strategy

In light of global climate challenges and the need for action in the near future, Rockfield recognizes its responsibility as a real estate investor to comply with the Paris Agreement and achieve net-zero carbon emissions by 2050. Rockfield has set ambitious targets to reduce both operational and embedded carbon emissions across its residential portfolios. In line with the Paris Agreement and the Carbon Risk Real Estate Monitor (CRREM), it employs a data-driven approach. Rockfield is committed to improving energy and carbon performance by investing in buildings that meet the latest energy efficiency standards. The key targets for achieving net-zero carbon emissions are:

  • Meeting CRREM Scope 1 and 2 targets by 2035, and CRREM Scope 3 targets by 2050, based on annual reduction goals in line with the Paris Agreement.
  • By 2030, at least 80% of apartments should have an energy label of A or higher (currently, this is over 90%).

GRESB

Rockfield’s investment funds are actively engaged in the prestigious GRESB benchmark, a leading global ESG benchmark for real assets. In 2023, Rockfield’s housing funds maintained their excellent reputation by again receiving a five-star rating. The DSYPH and DULV funds, which together manage around 3,500 operational housing units, achieved an impressive score of 90 points. This score represents an improvement from 2022 and places Rockfield’s funds among the top participants. In the sustainability ranking, these funds were within the top 15% of the 157 participating European housing funds. Additionally, their performance significantly exceeded the average GRESB score of 75, emphasizing Rockfield’s strong commitment to sustainability and operational excellence.

The five-star rating represents the highest distinction awarded by GRESB and demonstrates that the DSYPH and DULV funds are within the top 20% of the best-performing funds globally that participate in this benchmark.