Cory tops peer group and achieves 5-star sustainability rating
For the second year running, Cory has achieved the highest rating in its GRESB Infrastructure Asset performance summary. Cory was awarded a 5-star rating and scored 94 out of 100. This compares to an average peer score of 71, placing Cory first out of its nine peer businesses and 22nd out of 551 businesses that GRESB assesses globally.
Cory was ranked favourably amongst peers for nearly all categories, including the health & safety, leadership, stakeholder engagement, and risk management performance indicators.
Dougie Sutherland, CEO at Cory, said:
We are delighted that once again our efforts to be a leader in sustainable business practises have been recognised.
GRESB is an increasingly important benchmarking tool for infrastructure assets, and we welcome this score as a means of demonstrating that we treat our role as a responsible business very seriously.
At this critical juncture for the environment, setting an industry-leading performance in environmental, social and governance performance is hugely significant, and while the result is hugely welcome, we look forward to building on it further.
GRESB is the leading Environmental, Social and Governance (ESG) benchmark for real estate and infrastructure investments across the world. It covers $5.3 trillion in real estate and infrastructure value and the scores are used by more than 120 institutional investors to make decisions that are leading to a more sustainable real asset industry.