Investa Office Fund (ASX:IOF) has been awarded a position on the A-List of the CDP Climate Performance Leadership Index 2014, for its actions to reduce carbon emissions and mitigate the risks of climate change.IOF is one of only six Australian ASX listed companies to make the A-list of 187 global companies, which recognises those demonstrating a superior approach to climate change mitigation.

The index is the first of its kind and has been produced at the request of 767 investors who represent more than a third of the world’s invested capital. Information provided by nearly 2,000 listed companies was independently assessed against CDP’s scoring methodology and ranked accordingly. Scores are communicated to investors and other decision makers to help them assess corporate preparedness for changing market demands and emissions regulation.

Ming Long, Fund Manager, IOF said: “Making the A-list of the CDP Climate Performance Leadership Index is an endorsement of Investa’s approach and we are proud to be amongst such future-focused global leaders. It inspires us to continue to actively manage our assets to become more resilient against climate change, which will benefit our clients, stakeholders and investors and enhance our business practices. Ultimately we would like to see carbon disclosure and management as standard operating practice throughout the business world.”

Companies were assessed on four key criteria – the ability to yield win-win results, apply a business lens to climate change, raise the bar on investment approaches and demonstrate a shift away from short termism. Of the financial services companies on the A-list, IOF’s scope 1 emissions were amongst the lowest, at only 1628 tons of CO2 for 2013.

Paul Simpson, CEO, CDP said: “Global greenhouse gas emissions continue to rise and we face steep financial risk if we do not mitigate them. The business case for action to mitigate climate change has never been stronger or more urgent. For this reason, we congratulate those businesses that have achieved a position on the A-List of the CDP Climate Performance Leadership Index. These companies are responding to market demand for environmental accountability and at the same time are making progress towards the realisation of sustainable economies.”

Investa Office has a long track record of proactive environmental leadership with each of its funds achieving continuous improvement in environmental performance over the last ten years. The company has exceeded industry norms in many practices; such as green leasing, precinct level energy solutions (including Australia’s first tri-generation precinct), mandatory environmental certifications, timely data management, online building scorecards, community investment programs and innovation and research projects through the Investa Sustainability Institute.

Jason Leong, Chief Operating Officer, Investa Office said: “At Investa, carbon emission reduction is integrated into the core of our business and an index like this is a critical tool to assist businesses to address climate risk. In the property sector, active, sustainable asset management creates a win-win situation for tenants and owners alike, delivering more efficient buildings that are more economical to operate. This approach enables us to remain the first choice for tenants, while outperforming on sustainability benchmarks.”

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