Stoneweg European Reit outperforms global peers in sustainability rankings: report
The trust scores full marks in the performance aspects of targets as well as data monitoring and review, but fares the worst in the areas of waste, water and energy
[SINGAPORE] Mainboard-listed Stoneweg European Real Estate Investment Trust (Sert) bagged an above-average overall score and a four-star rating in a widely recognised environmental, social and governance (ESG) benchmarking framework for property investment.
The trust’s manager announced the release of its 2024 sustainability report last Thursday (May 29). The report details its progress across key ESG metrics with two years of externally assured performance data from 2023 and 2024.
This marks Sert’s seventh consecutive year of participating in the GRESB Real Estate Assessment, with GRESB seen as the global standard for listed property companies, private funds, developers and direct real estate investors.
Copyright SPH Media. All rights reserved.
