For the fifth year running the nation’s leading retirement village operator achieved a 5-star Global Real Estate Sustainability Benchmark (GRESB), this year for its development portfolio and a 4-star for its existing villages in the non-listed residential category for the Oceania region.
The GRESB Real Estate Assessment is the global standard for environmental, social, and governance (ESG) benchmarking and reporting. The assessment is based on environmental, social and governance performance and best practices for real estate funds and companies worldwide.
Keyton’s year on year environmental performance across its operational villages, achieved:
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A 8.4% increase in the percentage of waste diverted from landfill.
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A 6.8% reduction in Scope 1 and Scope 2 GHG Emissions,
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A 2.7% reduction in potable water consumption,
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A 3% reduction in total waste generation.
“What does it mean to be a GRESB Sector Leader? It’s an acknowledgment of leadership and a demonstration of the deep dedication and excellence that is driving the industry forward,” Nathan Cockerill, Keyton CEO, said.
Keyton’s GRESB performance recognises it has the policies, procedures, and structures in place to drive good environmental and social performance and governance practices. It is important to Keyton and its investors, as it provides a globally consistent and transparent framework to measure ESG outcomes in the real estate sector,” Keyton’s Head of Safety, Sustainability and Wellbeing Kara Pisani (pictured) said.
Check out Keyton’s villages and their availability on the #1 website villages.com.au.