Tuesday, 24th September, 2019
Cory scores 72 out of 100 in this year’s GRESB annual assessment
Cory Riverside Energy (Cory) has scored 72 out of 100 in this year’s GRESB Infrastructure Asset performance summary. This compares to an average peer score of 52, placing Cory third out of its seven other peer businesses.
Cory was ranked favourably amongst peers for nearly all categories, including its management, policies and disclosure, risks and opportunities, monitoring, stakeholder engagement and performance indicators.
Among the top strengths recognised by the report was Cory’s recently published sustainability report, its management structure and reporting on safety and environmental metrics.
Commenting on the results, Chief Executive of Cory Riverside Energy, Dougie Sutherland, said: “I’m delighted that we have been recognised as a leader in sustainable business practises. The result is a clear vote of confidence in the work we’ve done already to make the business more sustainable, and we will use these results to benchmark the work we’ll be doing throughout the coming year.”
GRESB is the leading Environmental, Social and Governance (ESG) benchmark for real estate and infrastructure investments across the world. Their ESG data and benchmarks covers $4.5 trillion in real estate and infrastructure value and the scores are used by more than 100 institutional investors to make decisions that are leading to a more sustainable real asset industry.
The result is a clear vote of confidence in the work we’ve done already to make the business more sustainable.