Tritax EuroBox plc (“the Company” or “Tritax EuroBox”), a specialist investor in large-scale supply chain real assets across Continental Europe, today announced that it has been awarded five stars and named the Leader in Sustainability for European Industrial Distribution Warehouses Listed Sector by GRESB, the global ESG benchmark for real estate and infrastructure.
The Company achieved a GRESB score of 88/100 for its portfolio, above the peer group average of 79 and an improvement on the Company’s 2021 GRESB score of 82. Notably, the Company achieved the maximum score for the criteria of Leadership, Policies, Reporting, Risk Management and Stakeholder Engagement.
EuroBox has also been awarded EPRA Gold Level certification for sustainability best practice in its first year of inclusion in the EPRA Sustainability Best Practices Recommendations Report.
Phil Redding, Fund Manager at Tritax EuroBox, commented: “We are proud to be named leader in our sector and awarded the maximum 5-star rating by GRESB. This follows our recent Gold level certification from EPRA and reflects the focus and integration of our ESG strategy throughout the property portfolio and wider business. A culture of responsibility is embedded in every aspect of our work as we fundamentally believe better ESG performance will create more value for our shareholders, customers, local communities and other stakeholders.”
Alan Somerville, Director of ESG at Tritax Management LLP, commented: “Our ambitious ESG programme is focused on meaningful targets where we believe we can make the greatest impact. At Tritax EuroBox, our focus is working in partnership with our customers and supply chain to deliver measured ESG performance, including solar energy and low carbon operations. Our EPRA gold certification and GRESB score demonstrate that we are making strong progress and helping to set a new standard for ESG in our sector.”
ESG is fundamental to the Company’s strategy and integrated throughout its investment process and operations. The Company focuses on four key priorities, aligned with the United Nations’ Sustainable Development Goals (SDG), where it believes it can make the greatest difference: sustainable buildings (aligned with SDG 11), climate and carbon (aligned with SDG 13), nature and wellbeing (aligned with SDG 15) and social value (aligned with SDG 8).
To discover more about Tritax EuroBox’s ESG activities, visit www.tritaxeurobox.co.uk/sustainability.
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About Tritax EuroBox
Tritax EuroBox plc (ticker: EBOX (Sterling) and BOXE (Euro)) invests in and manages a well-diversified portfolio of well-located Continental European logistics real estate assets that are expected to deliver an attractive capital return and secure income to shareholders. These assets fulfil key roles in the logistics and distribution supply-chain focused on the most established logistics markets and on the major population centres across core Continental European countries.
The Company's Manager, Tritax Management LLP, has assembled a full-service European logistics asset management capability including specialist "on the ground" asset and property managers with strong market standings in the Continental European logistics sector.
Further information on Tritax EuroBox plc is available at www.tritaxeurobox.co.uk
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Neil Maitland/Tom Climie
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