A Spanish real estate company in the top 1% in Sustainalytics rating
Inmobiliaria Colonial, one of the leaders in the European Prime office market, goes one step further in the improvement of the company’s sustainability performance after ranking in the top 1% of best ESG companies in the world, according to Sustainalytics*.
The company has considerably improved its ESG risk rating from 9,7 to 6,2, positioning itself as leader both globally and in the real estate sector. In addition, with the updated rating,the company ranks #1 of the Ibex 35 Index.
The Real Estate Industry is exposed to the environment and society changes and the implementation of a strong ESG strategy is key for the actors across the sector.
Among its peers, Inmobiliaria Colonial now ranks 5 out of 443 in the REITs Global Ranking and 7 out of 1.052 in the Global Real Estate Ranking. An achievement that further reinstates its commitment to actively contribute to a more sustainable world.
Societe Generale acted as ESG Advisor for Inmobiliaria Colonial in this achievement.
This achievement highlights our ESG leadership both in the sector and in general, being nº1 on the Spanish Blue Chip Index IBEX35. It has been also the excellent advice from Societe Generale that has enabled us to fully showcase the merits of our Climate Strategy in the Sustainalytics Rating.
We are proud to support Inmobiliaria Colonial in its intention to further improve its ESG strategy.
* Sustainalytics, a Morningstar company, is a leading independent provider of ESG research, ratings and data that supports investors around the world with the development and implementation of responsible investment strategies.