The Church Commissioners for England have appointed British Land’s Paul Jaffe to head ESG for its real estate portfolio.
As Real Assets ESG lead, Jaffe will oversee ESG-related activities for the Church Commissioners’ property, land and infrastructure investments, working closely with the responsible investment team.
While at British Land, Jaffe oversaw the execution of placemaking and environmental initiatives and community projects across the £1.8bn Regent’s Place campus, bringing parts of the campus to BREEAM Outstanding.
Prior to British Land, Jaffe was a fund management director at LaSalle Investment Management. He is a chartered surveyor and has a master’s degree from the University of Cambridge’s Institute for Sustainable Leadership.
John Weir, head of real estate at the Church Commissioners, said: “Paul’s appointment underlines the Church Commissioners’ commitment to responsible investment, outlined in the pillars of respect for the planet and respect for people, putting best practices at the heart of our investments in real assets. Paul will enhance our focus on environmental stewardship and the creation of social value across our diverse real assets portfolio.”
The Church Commissioners’ real assets portfolio includes significant UK land holdings, including agricultural land, strategic land and forestry operations, in addition to commercial and residential real estate, infrastructure and indirect investments. It is believed to hold more than 100,000 acres, valued at more than £2bn.
In a post on LinkedIn, Jaffe said: “Thank you to British Land for an amazing 6 years. You will miss my football skills!!”
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