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Seven companies win “Gold” in inaugural EPRA Sustainability Awards
Seven European listed property firms received the highest Gold position in the first EPRA Sustainability BPR Awards, announced at the industry body’s annual conference in Berlin on Thursday 6th September.
EPRA’s Sustainability BPR (sBPR) are a set of recommendations to help property companies produce comparable and best-in-class annual sustainability reports, by providing a consistent way of measuring sustainability performance. These Awards were launched this year to raise awareness of the recommendations released in 2011 and to give recognition to companies who have started to adopt them.
Eighty four companies were reviewed by Jones Lang LaSalle to check compliance with the EPRA Sustainability BPR. Those companies judged to have the best compliance with this standard have been given gold, silver and bronze awards. Fifteen awards were made in total, including seven gold awards to British Land, Citycon, Cofinimmo, Hammerson, Klépierre, Unibail-Rodamco and Shaftesbury. A further four companies received silver and four bronze awards.
Gareth Lewis, EPRA’s Director of Finance said: “Our thanks to APG for sponsoring these awards, which are key to raising awareness of these important guidelines. We anticipate that over a short period of time, the EPRA Sustainability BPR will become the established reporting standard for property firms and investors, in the same way that EPRA’s financial reporting BPRs are used today.”
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