Our ESG Mission
In alignment with Madison’s Mission Statement, the firm is committed to incorporating environmental, social, and governance (“ESG”) considerations into its investment practices and procedures. Madison engages at a corporate level and investment level on ESG to help ensure a comprehensive approach. Madison believes it must act as a responsible owner and market participant to best fulfil its commitments, in seeking to protect and enhance the value of its investments. Madison further believes that ESG factors can have an impact on investment performance, and that managing ESG risks effectively has the potential to add value.
Madison’s ESG program is run by Katie Cappola, ESG Manager and Ximena Sosa-Chavez, ESG Analyst and supported by the co-chairs of the ESG committee, Michael Siefert, Managing Director and Mark Schein, Chief Operating Officer and General Counsel. Madison’s ESG Committee was established in 2019 to support the advancement of the ESG program and integration of initiatives across the firm. It is an interdepartmental committee made up of colleagues from all offices and levels of seniority. Please see the latest Corporate Responsibility report for the ESG Committee org chart.
ESG Co-Chair | Investments
COO and General Counsel
XIMENA SOSA CHAVEZ
When investing in properties, Madison reviews ESG factors, including green building certifications (LEED or equivalent), energy ratings, approach to building development and operations, and asset utility consumption data. Madison partners with its sponsors in seeking to advance their ESG programs over the hold period through an annual benchmarking and engagement process. Please see our latest Corporate Responsibility report for additional information on the integration of ESG with Madison’s investment process.
INTEGRATING ESG INTO EACH INVESTMENT STAGE
*While Madison may consider ESG factors when making an investment decision, it does not pursue an ESG-based investment strategy or limit its investments to those that meet specific ESG criteria or standards. Any reference herein to environmental or social considerations is not intended to qualify our duty to maximize risk-adjusted returns.