Klépierre, the European leader in shopping malls, has been recognized as Global Retail Sector Leader by GRESB, the leading ESG benchmark for real estate and infrastructure investments.
Klépierre has been named 2020 “Global Retail Listed Leader”, “Europe Listed Leader” and “Europe Retail Leader”, ranked #1 in these categories among hundreds of real estate portfolios assessed by GRESB on their ESG (Environmental, Social and Governance) performance. With a score of 97/100, representing a 4-point increase from 2019, the Group has maintained its Five-Star level.
The Leader awards and the high score testify both to the outstanding environmental performance of Klépierre shopping centers and to the ambition of Act for Good®, the CSR strategy pursued by the Group since 2018. Based on quantified commitments for the planet, people and territories to be met by 2022, Act for Good® also contains long-term goals for 2030 such as reaching carbon neutrality for the entire Klépierre portfolio across Europe.
In this latest GRESB assessment, Klépierre scored the maximum mark in “building certifications” thanks to the BREEAM In-Use sustainable certification of all its shopping centers last January. The whole portfolio certification was achieved two years ahead of plan as part of an innovative partnership with the BRE and Longevity Partners. The Group also posted the maximum score in the following categories: “leadership,” “policies,” “reporting,” “risk management,” “risk assessment,” “targets” and “data”. The Group has achieved critical improvements in “stakeholders engagement” and “performance and indicators” thanks to the remarkable environmental results achieved so far: −29% in energy consumption and −73% in greenhouse gas emissions since 2013, 93% of renewable electricity consumption, and 93% of waste diverted from landfill.
“This is a fantastic result. I knew that Act for Good® was a very ambitious strategy when we launched it—to be fair, it was not an easy plan to achieve. Thanks to the daily commitment of our on-site teams to reducing energy consumption, recovering all waste, promoting local employment and caring for our communities, we are delivering our promise. This GRESB Global Leader Award says it all,” commented Jean-Marc Jestin, Chairman of the Klépierre Executive Board. “I recognize that ESG is a long road, but I know that I can rely on our exceptional teams who all rally under the Act for Good® banner to continue making our shopping malls even more environmental, more local and more social places in the coming years.”
Source : Company