Abu Dhabi – Mubasher: Aldar Properties has recorded a surge in its environmental, social, and governance (ESG) ratings in two global benchmarks, the Dow Jones Sustainability Index (DJSI) and Sustainalytics.
The company saw 58 points on the Dow Jones Sustainability Index in 2021, up 53% from 38 scored in 2020, according to a recent press release.
Meanwhile, Aldar registered 16.6 points on Sustainalytics' ESG risk assessment scale, reflecting a low level of ESG risk.
The company also occupied the ninth position in the global ranking of 107 diversified real estate companies analysed.
The Chief Financial and Sustainability Officer, Greg Fewer, commented: “We have taken concrete steps to monitor and tackle ESG issues and risks related to climate change, energy usage, and social impact, and the latest rankings show that this approach is working.”
Meanwhile, Fewer added: “We believe that making business decisions that incorporate the views of multiple stakeholders and that optimise for both, near and long-term outcomes, will continue to deliver the best value for Aldar’s shareholders.”
