TIME Investments has earned the Sustainability Impact label under the FCA’s new Sustainability Disclosure and Labelling Regime for its TIME:Social Long Income Fund.
The accreditation highlights the fund’s commitment to investing in assets that deliver a positive societal impact.
Following this recognition, the fund has been renamed the ARC TIME Social Impact Property Fund.
It is among the first to achieve this status under the FCA’s Sustainability Disclosure Requirements, introduced earlier this year to combat greenwashing and ensure robust environmental, social and governance (ESG) claims.
The fund focuses on properties within healthcare, housing and education sectors across the UK.
These assets provide essential services such as retirement homes, GP surgeries and nurseries, each designed to enhance societal wellbeing.
For instance, care homes supported by the fund reduce isolation among elderly residents and offer tailored medical care, including dementia support.
Additionally, the fund invests in specialist housing for individuals with long-term care needs and vulnerable groups, promoting independence and improving access to medical services for complex conditions.
By doing so, it aims to address unmet needs and support underserved communities.
To maintain its sustainability objectives, the fund implements rigorous stewardship activities, including tenant engagement and independent valuation.
It also tracks sustainability key performance indicators (KPIs), such as rent affordability, the number of spaces provided and the unique social contributions of its investments.
Roger Skeldon, head of real estate and co-fund manager of TIME:Social Impact Property commented: “It has long been an objective of the fund to deliver a positive impact on the communities in which its assets operate.
“Achieving the FCA’s Sustainability Impact label is a fantastic recognition of the TIME:Social Impact Property’s contribution to society and something we are extremely proud of.”
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