US Real Estate investment house Bridge Investment has appointed a new managing director of ESG and sustainability.
Matthew Jensen will oversee the implementation of a firm-wide environmental, social and governance programme, including developing new approaches and refining existing techniques.
Jensen is already a partner at Bridge and was previously the company’s chief operating officer for fund operations.
His new role puts him at the helm of the group’s ESG steering committee, which sets targets and promotes firm-wide adoption of responsible and sustainable investment approaches.
“Environmental, social and governance initiatives have been central to the Bridge approach to sustainable real estate investments, including a focus on community and social programming at our properties to enhance and enable the lives of our tenants and residents,” said Robert Morse, executive chairman at Bridge.
“With Matt’s appointment, we are confident we can continue to amplify our efforts to own and operate assets in the most efficient and responsible manner possible, to the benefit of all constituencies.”
Morse said that the company has already identified opportunities in the environmental space to harness solar capacity at selected assets. The company has also developed a multi-year social and community programming protocol in its workforce and affordable housing division.
The company is a privately held real estate specialist with some $20 billion of assets under management. It operates in several sectors including multi-family residential real estate, office, seniors housing, workforce & affordable housing, opportunity zones, and debt strategies.