Mumbai, India, October 27, 2021 /PRNewswire/ — Godrej Properties Restricted (GPL) (BSE: GODREJPROP), one of many of India Main actual property builders at present introduced that GRESB, a corporation that gives Environmental, Social and Governance (ESG) benchmarks for actual property organizations throughout the globe, has listed Godrej Properties as a world actual property vacation spot for listed residential actual property. Acknowledged as a Growth Sector Chief.
Annually GRESB acknowledges and celebrates individuals from all over the world who’ve excelled with their management and dedication as leaders in the true property sector, with the hope that these organizations will assist drive ESG reforms throughout the trade. will assist. Godrej Properties has participated in benchmark analysis since 2013 and achieved its highest rating of 95 factors this yr whereas sustaining its management place with the best GRESB rating amongst listed residential builders. Out of 450 listed actual property corporations worldwide, the GPL’s Public Disclosure Rating has additionally improved considerably with a rating of 100 and a ranking of A. The corporate’s ESG Disclosures are ready in accordance with GRI necessities and are externally assured to fulfill the best requirements. of transparency and integrity.
Godrej Properties is the one actual property developer in India India To attain this world identification.
Mr. Pirojsha Godrej, Government Chairman, Godrej Properties Ltd.Informed, “Offering environmental sustainability, optimistic social affect and good governance has at all times been an integral a part of our values at Godrej. This prestigious world recognition will encourage our whole crew to proceed to enhance our ESG efficiency in all elements of our enterprise.”
About Godrej Properties Restricted:
Godrej Properties brings Godrej Group’s philosophy of innovation, sustainability and excellence to the true property trade. Every Godrej Properties improvement combines a 124-year legacy of excellence and belief with modern design, expertise and dedication to sustainability. Godrej Properties emerges as largest developer in FY21 India From the worth and quantity of residential gross sales obtained.
Godrej Properties has a deep give attention to sustainable improvement. In 2010, GPL dedicated that each one of its developments can be third-party licensed inexperienced buildings. In 2020 and once more in 2021, the World Actual Property Sustainability Benchmark ranked GPL #1 globally amongst listed residential builders for his or her 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 improvement practices within the Indian actual property sector.
Lately, Godrej Properties has obtained over 300 awards and recognitions, together with Porter Awards 2019, Most Trusted Actual Property Model within the 2019 Model Belief Report, Producer of the 12 months at CNBC-Awaaz Actual Property Awards 2019 and Financial. Instances Finest Actual Property Model 2018.
GRESB is a mission-driven and investor-led group that gives standardized and validated environmental, social and governance (ESG) information to capital markets. Established in 2009, GRESB has grow to be the main ESG benchmark for actual property and infrastructure investments worldwide.
The 2021 actual property benchmark consists of greater than 1,500 property corporations, actual property funding trusts (REITs), funds and builders. Our protection for infrastructure consists of over 700 infrastructure funds and property. United, GRESB represents the US $5.7 trillion in actual property worth.
Reported ESG information is utilized by greater than 130 institutional and monetary buyers to watch investments in portfolios and to know the alternatives, dangers and choices that could be thought of because the trade transitions to a extra sustainable future. must be made in.
Mr. Anurag David
Godrej Industries Restricted
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