Tritax Big Box REIT PLC (“Tritax Big Box”) has been recognised for its strong ESG performance and disclosures by GRESB, EPRA and ISS.
This includes:
- Achieving four Green Stars by GRESB* for its standing portfolio for the fifth year in a row, with a score of 85/100, surpassing the peer group average of 80.
- Ranking first in its peer group for its Development arm for the sixth year running, retaining a score of 99/100 (peer average 92) and achieving GRESB’s maximum five Green Stars.
- Retaining its EPRA sBPR Gold Level certification, which recognises best practice in corporate ESG disclosures, for the fifth consecutive year.
- Improving its ISS ESG Corporate Rating from C to C+, retaining its ‘Prime Status’.
Petrina Austin, Partner and Head of Asset Management, commented: “We are delighted that Tritax Big Box has been recognised for its commitment to best-in-class sustainability practices and disclosures. Our buildings play an important role in helping our clients achieve their sustainability goals from net zero to biodiversity to social value. We are constantly challenging ourselves to incorporate and embed ESG initiatives. A key focus area is achieving the successful roll out of further solar PV schemes, providing renewable energy to our clients and supporting de-carbonisation ambitions.
We ensure that ESG principles are included in every stage of the investment cycle. It is an approach which aligns the portfolio with the long-term needs of investors, occupiers and communities, and delivers resilient, efficient and sustainable buildings that are fit for the future."
*The annual Global Real Estate Sustainability Benchmark (GRESB) sustainability assessment offers standardised and validated sustainability data to more than 150 financial institutions and investors worldwide.
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For further information, please contact:
Kekst CNC
Tom Climie / Guy Bates
Tel: +44 (0) 7760 160 248 / +44 (0) 7581 056 415
Email: tritax@kekstcnc.com
Notes:
Tritax Big Box REIT plc (ticker: BBOX) 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 clients on long-term leases with upward-only rent reviews and geographic and client diversification throughout the UK. Additionally, having adopted a “power first” approach, the Company has recently secured its first 147MW data centre development opportunity, and a further 1GW pipeline, offering the potential to deliver exceptional returns on an accelerated basis.
The Company is a real estate investment trust to which Part 12 of the UK Corporation Tax Act 2010 applies, is listed on the Official List of the UK Financial Conduct Authority 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: tritaxbigbox.co.uk