GLP Real Estate Funds Achieve Green Star Status in 2020 GRESB Assessment
GLP J-REIT achieved a five-star ranking, the highest level of achievement for ESG performance
Singapore, 8 December 2020 – GLP, a global investment manager and business builder with US$97 billion of assets under management in real estate and private equity funds, continues to be recognized for its sustainability efforts. GLP real estate funds consistently achieved four or five-star ratings as well as 'Green Star' status in the 2020 Global Real Estate Sustainability Benchmark (“GRESB”) assessment.
In particular, GLP J-REIT (3281:TSE) received five out of five stars for the first time and was recognized as Global Sector Leader and Asia Sector Leader, titles given to participants who achieved the highest GRESB Overall Score and who are within 1.0 point from the top performer. Other GLP real estate funds that participated and received Green Star status included GLP Japan Income Partners I, GLP Japan Development Venture I, GLP Japan Development Venture II and GLP Europe Development Partners I.
GRESB is the leading global environmental, social and governance (“ESG”) benchmark for real estate and infrastructure investments across the world and evaluates performance against more than 50 performance indicators such as energy consumption, greenhouse gas emissions, water consumption and waste.
GLP’s GRESB results follow the release of its annual ESG report, presenting a comprehensive overview of the company's commitments and achievements in ESG performance for 2019. Notable achievements last year include achieving the certification to The Planet Mark in Europe for the firm’s commitment to reduction in carbon emissions every year, achieving greater efficiency through the integration of data and technologies, and issuing unsecured green bonds to attract environmentally-conscious investors and achieving LEED® Gold certifications for two new ground-up developments in Japan. Read the full report at glp.com/global/impact.
About GLP
GLP is a leading global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies. Our combined investing and operating expertise allows us to create value for our customers and investors. We operate across Brazil, China, Europe, India, Japan, the U.S., and Vietnam and have US$97 billion in assets under management in real estate and private equity funds. Learn more at glp.com/global.
About ESG at GLP
GLP is committed to a broad range of environmental, social and governance commitments that elevate our business, create value for our shareholders and investors, support our employees and customers, and show respect to the local communities in which we work. We focus on improving efficiency across our businesses through the use of data and technology and are able to reduce consumption, better manage assets and invest capital more efficiently.
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Media Contact: Meredith Balenske |
Investor Contact: Craig A. Duffy Managing Director, Fund Management Tel: +852 3959 7009 Email: cduffy@glp.com |
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