Detlef Schön, CEO of Aquila Capital Green Assets
Aquila Capital | 02.11.2011
AC signs up to Principles for Responsible Investment in Farmland
Aquila Capital Green Assets, part of the Aquila Group, is pleased to announce today that it has become an official signatory to the recently launched Principles for Responsible Investment in Farmland.
The Principles provide a framework for incorporating environmental, social and governance considerations into farmland investment policies and practices. They outline commitments to promoting environmental sustainability and respecting labour, human, land and resource rights as well as maintaining business and ethical standards.
Detlef Schön, CEO of Aquila Capital Green Assets, said:
“As a global farm investment manager, Aquila Capital Green Assets is committed to investing in an environmentally and socially responsible manner. We are delighted about the opportunity to back the UN’s drive towards sustainability, transparency and accountability of investments in farmland.”
Aquila Capital Green Assets and its partners manage a portfolio of 49 pastoral farms in Australia and New Zealand with approximately 220,000 stock units, plus six sugar cane farms in Brazil, amounting to an investment value of around $480m, and is preparing to make significant further investments in the sheep and beef sector.
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