Investa Office Fund (IOF) has been named in the A-List of the CDP Climate Performance Leadership Index, for the second year running, for its actions to reduce carbon emissions and mitigate the risks of climate change.
Recognising those companies demonstrating a superior approach to climate change mitigation, the 2015 A-List consists of 113 companies globally out of around 2,000 participating companies worldwide. The index has been produced at the request of 822 global investors representing over A$133 trillion in assets. Information provided by companies was independently assessed against CDP’s scoring methodology and ranked accordingly.
Jason Leong, Chief Operating Officer, Investa Office said: “We are proud to continue to be recognised as a global leader in sustainability. We have an ongoing commitment to responsible property investment and the ongoing pursuit of sustainable building ownership and management.
In our Financial Year 2015 Sustainability Report released this week, we reported Investa has made significant progress in environmental measures over the past decade. Of significant importance is a 55% reduction in greenhouse
gas emissions intensity1 since 2004 which represents a reduction of over 130,000 tonnes of CO2 emissions per year.”
Additionally, last night IOF won the Award for Best Environment, Social & Governance (ESG) in the Real Estate sector at the East Coles Corporate Performance and Investment Banking Awards held in Sydney.
The awards night acknowledges the outstanding achievements of management teams and boards of ASX200 listed companies.
Ming Long, Fund Manager, IOF said: “We’re proud to win the East Coles Award for best ESG, which recognises Investa’s leadership in a critical component of long term investment in real estate. ESG principles are embedded across our platform, where we engage all our stakeholders including tenants and suppliers to improve outcomes. We’re confident this approach positions IOF strongly into the future.”
1.Greenhouse gas emissions intensity is a measure of tonnes of CO2 released per square metre of net lettable areas annually.