In its first year of participation, Embassy REIT achieved a Green Star status and an overall score of 80% for its Standing Investments, placing it 7 percentage points above the average. Embassy REIT stood out in particular on the 'Governance' pillar with a score of 19/20, surpassing the peer average, reflecting the best-in-class framework and strong corporate governance standards adopted and followed by the REIT. Embassy REIT also achieved high scores for the 'Environmental' (47/62) and 'Social' (14/18) pillars, taking into account the high proportion of electricity from renewable sources and the strong stakeholder programmes in areas of health, education and public infrastructure which have been running for a number of years.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content