Icade Maintains Top ESG Ratings and Sustainability Leadership in 2024

Icade Maintains Top ESG Ratings and Sustainability Leadership in 2024

(IN BRIEF) Icade has been recognized as a top performer in sustainability by leading ESG rating agencies in 2024. GRESB awarded Icade a score of 90/100, Sustainalytics ranked its ESG risk as “negligible,” placing it among the top 4% of real estate companies globally, and EPRA granted Icade a Gold Sustainability Award for the 10th consecutive year for its CSR reporting. These recognitions underscore Icade’s continued leadership in sustainability and corporate responsibility.

(PRESS RELEASE) PARIS, 21-Oct-2024 — /EuropaWire/ — Icade has once again been recognized as a leader in its sector by top ESG rating agencies in 2024, reinforcing its strong commitment to corporate social responsibility (CSR). The Global Real Estate Sustainability Benchmark (GRESB) awarded Icade a score of 90/100, an increase of two points from 2023, highlighting its continued excellence in sustainability performance. This places Icade among the top companies assessed globally.

In addition, Sustainalytics evaluated Icade’s ESG risk exposure as “negligible,” the lowest possible rating, ranking the company 20th out of 428 listed real estate investment firms worldwide. This places Icade in the top 4% of its peers. Furthermore, for the 10th consecutive year, Icade received a Gold Sustainability Award from the European Public Real Estate Association (EPRA), recognizing the quality of its CSR reporting. Icade was one of 91 companies to earn this distinction out of 170 members assessed by EPRA.

These accolades from GRESB, Sustainalytics, and EPRA highlight Icade’s ongoing leadership in sustainability and transparent reporting within the real estate sector.

ABOUT ICADE

Icade is a full-service real estate company with expertise in both property investment (portfolio worth €6.6bn as of 06/30/2024 – 100% + Group share of joint ventures) and property development (2023 economic revenue of €1.3bn) that operates throughout France. Icade has forged long-term partnerships to respond to emerging trends in the industry. It has made climate issues and the preservation of biodiversity central to its business model to reinvent real estate and contribute to more sustainable cities. It is listed as an “SIIC” on Euronext Paris and its leading shareholder is the Caisse des Dépôts Group.

The text of this press release is available on the Icade website: www.icade.fr/en

Media Contacts:

Anne-Violette Faugeras
Head of Finance and Investor Relations
+33 (0)7 88 12 28 38
anne-violette.faugeras@icade.fr

Marylou Ravix
External Communication Manager
+33 (0)7 88 30 88 51
marylou.ravix@icade.fr

SOURCE: ICADE