Tuesday, 18th October, 2022

Cory achieves 5-star sustainability rating for third year running

For the third year running, Cory has achieved the highest rating in the GRESB Infrastructure Asset Assessment. Cory was awarded a 5-star rating and scored 98 out of 100. This places the business first out of 10 peer businesses, and 21st out of the 649 businesses that GRESB assesses globally.

Cory scored 38 out of 40 in the management component, which measures strategy and leadership management, policies and processes, risk management and stakeholder engagement approach, and 60 out of 60 in the performance component which measures performance across 12 aspects including Health and Safety, energy use and water. Cory was also named an Infrastructure Sector Leader, making it one of the top-performing organisations to be assessed.

Dougie Sutherland, CEO at Cory, said: “Now, more than ever, businesses must play their part in averting the climate crisis. As the owner and operator of a major infrastructure asset in the UK we are acutely aware of this, and it is hugely gratifying that our ongoing efforts to be a leader in environmental, social and governance performance have once again been recognised.

“Robust reporting is essential if we are to have a meaningful impact as a sustainable business. GRESB is an increasingly important benchmarking tool for infrastructure assets, and we remain committed to building on our consistently strong performance in the years to come.”

Sebastien Roussotte, CEO of GRESB said, “ESG reporting is now more important than ever before. To achieve the Paris Agreement goals and move closer to a net-zero future, transparency and accountability are key. GRESB Sector Leaders are the top-performing organizations leading the way to a net-zero future and pulling the industry forward. We applaud this year’s Sector Leaders for their commitment, leadership and dedication to ESG and sustainability.”

GRESB is the leading Environmental, Social and Governance (ESG) benchmark for real estate and infrastructure investments across the world.