What Does This Ranking Mean?
The S&P Global CSA evaluates over 7,690 companies worldwide, assessing their ESG performance across various industries. To be ranked as #1 among REITs signifies exceptional leadership in integrating sustainable practices into core business operations. This recognition positions GPT as a leader among global real estate companies dedicated to minimizing environmental impact.
How Is The Assessment Conducted?
The CSA employs a comprehensive methodology, scoring companies on a scale from 0 to 100. Each company is evaluated based on up to 1,000 data points, covering areas such as:
- Environmental Impact: Energy efficiency, carbon emissions, and waste management.
- Social Responsibility: Employee engagement, community involvement, and diversity initiatives.
- Governance: Board structure, ethical conduct, and transparency.
These assessments are conducted annually, with GPT's consistent performance reflecting its dedication to continuous improvement in ESG practices.
Why Did GPT Rank #1?
GPT's top ranking is attributed to several key initiatives and achievements:
- Carbon Neutral Certification: GPT achieved its 2024 target of 100% carbon-neutral certification for all owned and managed assets by December 2024.
- Sustainable Debt Framework: Since 2021, GPT has issued over $2.3 billion in green loans and bonds, financing projects that meet stringent environmental criteria.
- Diversity and Inclusion: GPT was ranked in the top five globally for gender equality in the 2024 Equileap report, highlighting its commitment to workplace diversity.
- Governance and Transparency: The robust governance framework employed by GPT ensures accountability and ethical decision-making, reinforcing stakeholder trust.
Sustainability Principles at GPT
GPT's sustainability strategy is guided by several core principles:
- Long-term Value Creation: Implementing initiatives that are commercially sound over the medium to long term, aiming to minimise risk and maximise opportunities.
- Environmental Stewardship: Focusing on decarbonization, energy efficiency, and resilience to climate change impacts.
- Social Responsibility: Engaging with communities, promoting diversity and inclusion, and ensuring fair labour practices.
- Governance Excellence: Maintaining high standards of ethical conduct, transparency, and accountability in all operations.
GPT Group's #1 ranking in the 2025 S&P Global CSA Yearbook reflects our comprehensive and integrated approach to sustainability. Through continuous innovation and commitment to ESG principles, we're setting a benchmark for the global real estate industry, demonstrating that sustainable practices can drive both environmental and financial success.