Dexus recognised as global sustainability leader

Dexus recognised as global sustainability leader

Sustainability benchmark GRESB has recognised Dexus once again as a global leader in sustainability. 

The Dexus group achieved the following rankings:

• Dexus Office Trust named as the Global Sector Leader for listed office entities
• Dexus Wholesale Property Fund (DWPF) named as the Regional Sector Leader for diversified office/retail entities in Oceania
• Healthcare Wholesale Property Fund (HWPF), which participated for the first time, named as a Global Development Sector Leader for healthcare entities

Dexus CEO, Darren Steinberg said: “Our strong sustainability performance is a result of the effective integration of environmental, social and governance factors across our business operations. These GRESB results build on our recent recognition as the global real estate leader in the Dow Jones Sustainability Index (DJSI) for 2020 and reinforce the long-term value that we are creating for Dexus and our third party capital partners.”

David Yates, Executive General Manager, Sustainability said: “We have delivered on our ambitious 2020 sustainability targets that were set in 2015, which leverage the progress we’ve made over the past 10 years and the new targets we have set help further progress our net zero emissions ambition.

“Dexus’s science-based emissions reduction target, combined with our continued focus on collaborating with our customers to improve resource efficiency, all contributed to our GRESB results this year. The high scores achieved across social and governance factors demonstrate that we are focused on creating long-term value for our people, customers and communities, supported by an inclusive workplace culture.”

In 2020, GRESB assessed more than 1,200 real estate portfolios, covering more than 96,000 assets. Real estate and infrastructure assets reported to GRESB represent US$5.3 trillion in assets under management.

GRESB is the international benchmark for environmental, social and governance (ESG) performance of real assets, and its results are an important standard used by investors to monitor their investments and understand performance across ESG factors.