FORE achieves top ESG rating for 4th year
[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” column_border_width=”none” column_border_style=”solid” bg_image_animation=”none”][vc_column_text]We’ve done it again! FORE has received a 5 Star rating in the prestigious GRESB Real Estate Assessment for the 4th year in a row.
We are particularly proud to have also been top of our peer group in two separate categories, beating out many much larger, well-known firms. This is the second year in a row we’ve been top of the class.
GRESB is the property industry benchmark for best practice in achieving positive environmental and social impact. In the 2021 survey, we maintained the maximum 5-star rating we have achieved each year since 2017 and obtained our highest overall score yet of 91/100.
FORE was awarded Sector Leader status in the Diversified – Office/Residential category both regionally and globally – a recognition of outstanding leadership in sustainability. As Sebastien Roussotte, CEO of GRESB remarked: “Sector Leaders are the organizations setting the pace and driving progress toward a net zero future.”
FORE has also taken the top ranking in our peer group for Development, recognition of our exemplary ESG credentials, net zero carbon design standards, and stakeholder engagement.
FORE’s Managing Partner, Basil Demeroutis, said: “We are always striving to do and be better and having this certification helps us do that. Through FORE’s continuing sustainable investment, we are not only aligning profit with purpose but improving the lives of those around us in our communities and buildings.”
We are especially proud of our ratings given FORE’s modest size compared to our peer group of entrants, which include larger firms like Aviva, Canary Wharf, Threadneedle, Legal & General, and Hermes.
Overall, GRESB’s 2021 survey covered 1,520 funds and companies, generating a benchmark that covers $5.7 trillion of AuM and nearly 117,000 assets across 64 countries.
FORE has made an industry leading commitment to become zero carbon by 2025 and is among only a handful of real estate companies to certify as a B Corporation, which binds us to purpose alongside profit.