The environmental, social and governance performance of a company’s investments is what the GRESB ranking measures. In its sixth consecutive participation Celeo Brazil and Celeo Chile ranked first and second, with Celeo Spain achieving a meritorious result.
GRESB (Global Real Estate Sustainability Benchmark) is an independent organization that provides verified ESG performance data and peer benchmarks for investors and managers to improve business intelligence, industry engagement and decision making. In its sixth consecutive participation Celeo Brazil and Celeo Chile ranked first and second, with Celeo Spain achieving a meritorious result.
As a novelty, it is worth noting that Celeo Spain has entered this ranking, achieving an excellent result in the solar power generation sector in southern Europe.
The ESG concept, which is the data valued by the prestigious Dutch organization, integrates the words Environmental, Social and Governance, grouping the most relevant non-financial factors of a company into these three axes. It is along these lines that Brazil and Chile continue with the systematization and integration of new requirements, such as the integration of the resilience module in the company’s business model.
Hence, the figures are exceptional: on the one hand, Celeo Brazil scored 98 points, reaching first place in the section of power transmission companies in the American region. On the other hand, Celeo Chile, with 94 points, is ranked second in the section of power transmission companies in the region.
In Spain, efforts have been strengthened in order to follow the excellent results of Brazil and Chile, achieving a meritorious result in its sector and geography. Undoubtedly, these results consolidate the leadership and maturity of Celeo’s ESG management and are the result of the work and commitment of all employees.