At Ivanhoé Cambridge we are committed to creating living spaces that foster the well-being of people and communities while reducing our environmental footprint. Corporate social responsibility (CSR) is identified as one of the ways we can transform our strategies to achieve long-term financial performance and a positive, sustainable impact for our communities.
At the beginning of 2020, Stéphane Villemain was appointed Vice President, Corporate Social Responsibility, to oversee a transversal team whose mandate is to support and engage Ivanhoé Cambridge’s teams in order to deliver on our impact goals.
Our teams’ collaborative efforts have been rewarded. Today we are proud to share a signal success of 2020: an improvement in our annual GRESB survey score as a result of environmental and social efforts:
- A score of 85/100 (an improvement of one point from our 2019 result) for our global portfolio, which gives us five stars in the GRESB survey and places us in the top 20% of the benchmark participants
- A score of 89/100 for our managed portfolio, which has propelled us to the top of the North American retail group for the second year in a row
- A perfect score (30 points out of 30) for ESG management (leadership, policies and reporting)
- A 31% improvement since our first submission in 2015
Moreover, this result kept us in the top 10% of private real estate companies with a diversified portfolio.
Our participation in GRESB in recent years has allowed us to broaden our corporate social responsibility and accelerate the progress of our initiatives.
We continue to deploy significant efforts to remain in a CSR leadership position within the real estate industry, which is also consistently improving as a whole.
Congratulations to all the teams that contributed to this success!
GRESB
GRESB, which was founded in 2009, is a survey that assesses environmental, social, and governance performance by assigning quantifiable results to portfolios so that businesses can compare themselves with the competitors in their industry. The results enable companies to position themselves but also to determine how they can improve their performance. For more information: gresb.com