Covivio continues its progression in the GRESB 2020 ranking (Global ESG Real Estate Benchmark) rankings, and obtains the status of global “Sector Leader” in the “Diversified Office/Residential – Listed Companies” category. A score that once again confirms the performance and relevance of the group’s CSR policy.
Each year, the GRESB evaluates and ranks the ESG (Environmental, Social and Governance) performance of real estate companies around the world. An analysis guided by a questionnaire that rates companies on their sustainability performance.
With a score of 85/100, 5 points up on 2019, Covivio obtains the “5 star” and the status of global “Sector Leader” in its category. A particularly remarkable performance while the average score fell by two points overall this year. At the same time, Covivio obtained the maximum score of 100/100 in the “Public Disclosure” category for the high quality and transparency of its reporting.
Covivio: improving scores in an ever more demanding environment
Covivio also retains its “Sector Leader” status in the Vigeo-Eiris classifications in 2020, obtaining the maximum score of A1+ for the second consecutive year. Covivio ranks 5th worldwide (vs. 7th in 2019) out of all companies rated by Vigeo-Eiris across all sectors.
Covivio is also making progress with ISS-ESG score this year, with a B- (C+ in 2019), putting it in the global top 5% of the 358 real estate companies rated by the agency.
In October 2020, Covivio was also awarded an excellent ESG Risk Rating by Sustainalytics, the results are available on its website.
The results of the Corporate Sustainability Assessment (CSA/DJSI), conducted this year by Standard & Poor’s, were announced in November. Covivio progressed 5 points this year to a percentile score of 96, confirming its place among the industry leaders in the DJSI World and Europe indices.
Finally, Covivio retained its AA rating from MSCI and its 81/100 score from EcoVadis, keeping it among the 1% top-rated companies by EcoVadis.
“All these results testify to the exemplary and relevant nature of our CSR policy and confirm our position as a benchmark company in terms of sustainability development at the international level. For many years, CSR has been at the heart of Covivio’s strategy with a strong commitment across all our European activities – Jean-Eric Fournier, Sustainability Development Director,Covivio.
To find out more about the group’s sustainable development strategy and action taken, see our 2019 Annual Report on Sustainable Performance.