Tritax Big Box REIT PLC (“The Company” or “Tritax Big Box”) (ticker: BBOX), a specialist investor in large-scale UK supply chain real assets, has been recognised in Sustainalytics’ 2023 top-rated ESG companies list by region and sector.
The ESG risk ratings measure a company's exposure to industry-specific material ESG risks and how well it is managing those risks. Tritax Big Box has been awarded an ESG risk rating of 8.3, classified as ‘Negligible Risk’, meaning that its exposure to material ESG issues is low, whilst its capacity to manage relevant ESG issues based on The Company’s practices and policies is strong.
Alan Somerville, ESG Director at Tritax Management LLP, commented, “Being recognised as one of Sustainalytics’s top-performing companies in both our region and sector for the first time is testament to the progress we have made in executing Tritax Big Box’s ESG strategy. Since 2020, we have focused on delivering ESG impact across our key pillars of sustainable buildings, climate and carbon, nature and wellbeing, and social impact. This badge demonstrates our role as a responsible investor and our commitment to meet the growing ESG expectations of our investors, customers and communities.”
The inclusion of Tritax Big Box in the Sustainalytics list is a result of The Company’s transparency and public disclosure and ongoing market leading ESG performance. The badges underpin The Company’s ambitious data and evidence led ESG strategy with meaningful targets set across both asset management and development management activities.
The Company is committed to its ambition to create a positive environmental and socio-economic impact by 2030 by developing and managing net zero carbon buildings with high green building standards, enhancing nature and biodiversity, and creating social value through its investments.
Morningstar Sustainalytics provides analytical environmental, social and governance research, ratings and data to institutional investors and companies. Sustainalytics’ ESG Risk Ratings cover more than 15,000 companies across 42 industries.
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About Tritax Big Box REIT
Tritax Big Box REIT plc (Tritax Big Box or the Company) is the largest listed investor in high-quality logistics warehouse assets and controls the largest logistics-focused land platform in the UK. Tritax Big Box is committed to delivering attractive and sustainable returns for shareholders by investing in and actively managing existing built investments and land suitable for logistics development. The Company focuses on well-located, modern logistics assets, typically let to institutional-grade tenants on long-term leases with upward-only rent reviews and geographic and tenant diversification throughout the UK. The Company seeks to exploit the significant opportunity provided by the imbalance between strong occupational demand and constrained supply of modern logistics real estate in the UK.
The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies, is listed on the premium segment of the Official List of the UK Financial Conduct Authority (Ticker: BBOX) and is a constituent of the FTSE 250, FTSE EPRA/NAREIT and MSCI indices.
The Company's LEI is: 213800L6X88MIYPVR714
Further information on Tritax Big Box REIT is available at www.tritaxbigbox.co.uk
+44 (0) 20 8051 5057
Neil Maitland/Tom Climie
+44 (0)7971 578 507 / +44 (0)7760 160 248