New Head of ESG at Invesco for real strategies

Invesco Real Estate’s efforts to integrate ESG into its business model have been recognized with a GRESB rating of 5 out of 5 green stars, signifying the company has achieved outstanding results in 2020. As part of this recognition, The Company updated its sustainability objectives at the start of 2021 and will be pursuing Net Zero greenhouse gas emissions by 2050 with interim targets for energy, water and waste by 2030.

Invesco’s ESG ETFs are designed to help investors align their portfolios with their environmental, social or governance (ESG) preferences. The funds invest in global equity securities from across sectors and geographies excluding weapons manufacturers, tobacco producers, nuclear power generators and companies involved in human rights abuses or corruption. Instead, their focus is on the Triple Bottom Line for companies and investors.They have been awarded four stars by Morningstar for each of the last five years based on risk adjusted performance relative to peers over three-, five- and 10-year periods as well as other criteria including low volatility, strong liquidity levels and investment stewardship practices.

Invesco has appointed Maximilian Kufer to the role of Head of ESG – Private Markets, responsible for the strategy and integration of ESG into Invesco’s real assets and private alternative strategies globally.

Prior to joining Invesco, Kufer was Global Sustainability Manager at AXA Investment Managers – Alts, leading the development and integration of responsible investment for real estate, infrastructure and private debt since 2016.

Kufer is an active member of industry working groups and sits on the GRESB Benchmark Committee, ULI Sustainability Council as well as the GRI ESG & Impact Investment committee. He holds a double BSc degree in Finance and Environmental Science from the American University of Paris and a MSc degree in Finance from L’Institut des Hautes Etudes Economiques et Commerciales. He will also lead Invesco real estate’s Global ESG+R Committee.

Kufer says: “ESG has been become the defining investment criteria of this decade and will likely dominate the market approach for all investment firms across asset classes. Invesco has already developed an extensive and detailed programme and I’m honoured to be part of the team focused on delivering on our commitments for the benefit of all stakeholders.”

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