Hines appoints European core fund leader as global head of ESG

US-based privately held developer-investor Hines has appointed senior managing director Peter Epping as global head of ESG as part of a strategy to step up its commitments to environmental, social and governance issues.

For the past eight years, Epping served as fund manager for Hines’ European Core Fund (HECF). He was instrumental in HECF being recognized by GRESB as the most sustainable fund in Europe of all diversified portfolios and as a GRESB Global Sector Leader for an unprecedented four years in a row, with the most recent being 2020.
In addition to Epping, the firm established a dedicated new global ESG team for to lead its focus on furthering ESG commitments across Hines’ investments, properties, communities and stakeholders. A new Hines ESG Leadership Council also includes Global head of Management Services Adil Noorani; Chief People Officer Steph Biernbaum; Chief Legal Officer Richard Heaton and Global Sustainability Officer Clayton Ulrich. This council will work holistically to drive innovation and positive change including new initiatives focused on addressing carbon emissions and social equity across the built environment.   
‘We all have a part to play in one of the largest challenges of our collective lifetime as we strive to create a healthier, inclusive and more sustainable planet,’ said Hines Chairman and Chief Executive Officer Jeffrey Hines. ‘Our long-term vision is to continue leading the industry by further embedding ESG excellence across the company—from our people, through our investments, construction, management and engineering around the globe.’
Working with Regional ESG Leaders in Asia, Europe, North America and South America, Epping will relocate to New York, reporting to Global Chief Investment Officer David Steinbach. Adam Slakman, global sustainability manager, will report to Epping.
Deputy Fund Manager Simone Pozzato will succeed Epping as HECF’s Fund Manager.


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