MUMBAI, India, Oct. 27, 2021 /PRNewswire/ — Godrej Properties Restricted (GPL) (BSE: GODREJPROP), one in every of India’s main actual property builders, introduced immediately that GRESB, a company that gives Environmental, Social and Governance (ESG) benchmarks for actual property organizations internationally has acknowledged Godrej Properties as a Actual Property Growth Sector Chief globally for listed residential actual property.
Annually GRESB acknowledges and celebrates contributors from internationally who’ve excelled with their management and dedication as actual property sector leaders with the expectation that these organizations will assist drive ESG enhancements throughout the trade. Godrej Properties has participated within the benchmark evaluation since 2013 and achieved its highest rating of 95 factors this yr retaining its management place with the best GRESB rating amongst listed residential builders. Amongst 450 listed actual property corporations throughout the globe, GPL’s Public Disclosure rating too has been improved considerably with a rating of 100 and a score of A. The corporate’s ESG disclosures are ready in accordance with GRI necessities and are externally assured to satisfy the best requirements of transparency and integrity.
Godrej Properties is the one actual property developer in India to attain this international recognition.
Mr. Pirojsha Godrej, Government Chairman, Godrej Properties Restricted, stated, “Delivering environmental sustainability, a optimistic social affect, and good governance have all the time been an integral a part of our values at Godrej. This prestigious international recognition will additional encourage our whole workforce to proceed to enhance our ESG efficiency throughout all points of our enterprise.”
About Godrej Properties Restricted:
Godrej Properties brings the Godrej Group philosophy of innovation, sustainability, and excellence to the true property trade. Every Godrej Properties growth combines a 124 yr legacy of excellence and belief with a dedication to innovative design, expertise, and sustainability. In FY 2021, Godrej Properties emerged as the biggest developer in India by the worth and quantity of residential gross sales achieved.
Godrej Properties has deeply targeted on sustainable growth. In 2010, GPL dedicated that every one of its developments can be third occasion licensed inexperienced buildings. In 2020 and once more in 2021, the International Actual Property Sustainability Benchmark ranked GPL #1 globally amongst listed residential builders for its sustainability and governance practices. In 2017, GPL was one of many founding companions of the Sustainable Housing Management Consortium (SHLC), whose mission is to unfold sustainable growth practices throughout the Indian actual property sector.
Lately, Godrej Properties has acquired over 300 awards and recognitions, together with the Porter Prize 2019, The Most Trusted Actual Property Model within the 2019 Model Belief Report, Builder of the Yr on the CNBC-Awaaz Actual Property Awards 2019, and The Financial Occasions Finest Actual Property Model 2018.
GRESB is a mission pushed and investor led group offering standardized and validated Environmental, Social and Governance (ESG) information to the capital markets. Established in 2009, GRESB has change into the main ESG benchmark for actual property and infrastructure investments internationally.
The 2021 actual property benchmark covers greater than 1,500 property corporations, actual property funding trusts (REITs), funds, and builders. Our protection for infrastructure consists of greater than 700 infrastructure funds and belongings. Mixed, GRESB represents US $5.7 trillion in actual asset worth.
The reported ESG information is utilized by greater than 130 institutional and monetary traders to observe investments throughout portfolios and perceive the alternatives, dangers and selections that have to be made because the trade transitions to a extra sustainable future.
Mr. Anurag David
Godrej Industries Restricted
E mail: [email protected]
Cell: +91-93225 01136
SOURCE Godrej Properties Ltd.