Paris, France, October 2, 2023

Gecina moves up to first place in the GRESB ranking and further strengthens its European leadership for sustainable development

With an overall GRESB rating of 96/100 and 100/100 for development activities, Gecina is ranked first out of 100 listed real estate companies in Europe.

This rating confirms the Group’s leadership on sustainable development issues, as also illustrated by its scores in the MSCI, ISS-ESG and Sustainalytics rankings.

In the GRESB ranking, Gecina increased its overall score by two points to 96/100 compared with 2022. This score reflects an outstanding performance, with significant progress across the criteria covering water management, risk management and greenhouse gas emissions, including a 10% reduction in emissions in 2022. In the “development” section, Gecina finished ahead of its peers by achieving the maximum rating of 100/100.

Beñat Ortega, Gecina’s Chief Executive Officer: “The GRESB evaluation validates our continued commitment to sustainable development and recognizes the major work accomplished by our teams in 2022, in conjunction with our clients and partners. For the future, and from this year, our energy efficiency plan represents a major source of progress. Over the first six months of 2023, this ambitious plan has led to a 17% reduction in energy consumption and a 21% reduction in carbon emissions in office buildings managed by Gecina, including our headquarters, which saw its consumption drop by nearly 28% over nine months, from October 2022 to June 2023. As illustrated by these results, reflecting a proactive approach involving data collection, targeted actions, dedicated teams and close collaboration with tenants, the Group is effectively positioned to continue building on its sustainable performance”.

Excellent results maintained in the MSCI, ISS ESG and Sustainalytics rankings

Against a backdrop of increasingly demanding ratings, Gecina successfully maintained its scores in other ESG assessments:

  • In the MSCI ESG Ratings index, Gecina consolidated its AAA score, maintaining the Group’s position as one of the top 18% of the best performers worldwide.
  • With ISS ESG, Gecina retains its B- score, clearly setting out its position as one of its sector’s best-performing companies.
  • Gecina is still rated “low risk” for the third consecutive year with the prestigious rating agency Sustainalytics.
  • For the 10th consecutive year, Gecina received Gold in the EPRA Sustainability Best Practices Recommendations (sBPR) Awards, highlighting the high standards and quality of its sustainability reporting.
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