Orchard Street’s Social and Environmental Impact Partnership Fund adopts Financial Conduct Authority’s ‘Sustainability Impact’ Label

One of the few real estate funds to adopt the ‘Sustainability Impact’ label under the Financial Conduct Authority’s new Sustainability Disclosure Requirements (SDR)

Orchard Street Investment Management LLP (‘Orchard Street’ or ‘the Firm’), the UK based commercial Real Estate Investment Manager, is proud to announce its adoption of the FCA Sustainability Impact Label on behalf of the Orchard Street Social and Environmental Impact Partnership (‘OSSEIP’ or ‘the Fund’), a key initiative designed to recognise and promote sustainable investment practices. This strategic move underscores the Fund’s unwavering commitment to impactful environmental, social, and governance (ESG) principles and its active role in creating positive and measurable sustainability improvements to both its assets and surrounding communities.

Orchard Street launched the Fund in October 2022 with a cornerstone investment from Brunel Pension Partnership, one of the UK’s eight Local Government Pension Scheme pools. The Fund’s investment objective is to deliver positive and measurable social and environmental change through direct intervention in UK real estate, whilst simultaneously delivering a Value-Add, financial return. The adoption of the FCA Sustainability Impact Label reinforces Orchard Street’s commitment to offering investment products that create measurable positive Impact while supporting the transition to a low-carbon and inclusive economy.

Coupled with the recent appointment of Orchard Street as an Impact Real Estate Manager by the ACCESS Pool, a manager of LGPS assets, for which it has been provided with an initial allocation of £100m, Orchard Street continues to target the delivery of attractive financial returns within a formal Impact investment framework focused on the decarbonisation of buildings. 

Sarah O’Connell, Assistant Portfolio Manager of the Orchard Street Social & Environmental Impact Partnership said: “The Fund has adopted the label in order to align with the broader regulatory drive for better disclosure and will be one of only a handful of real estate strategies to use it since the SDR’s new regime came into force earlier this year. 

“As an early adopter of the Sustainability Impact label, we welcome new and robust standards that better quantify genuine real estate transition strategies.  Adoption of the Sustainability Impact label will help our clients to identify an investment strategy that contributes to both financial returns and meaningful societal impact, we are excited to align ourselves with this framework and continue to build a portfolio that reflects our commitment to sustainability.”