Assessment ranks KingSett a Canadian sector leader for CREIF
KingSett is pleased to share its Global Real Estate Sustainability Benchmark 2023 results for our $5B core income fund:
2nd in the North America Diversified Office/Residential/Non-listed sector for our Standing Investments
1st and Global Sector Leader in the Residential/Non-listed/Core sector for the Development Benchmark
We remain on track to reducing carbon emissions by 35% of 2019 baseline emissions across this portfolio by 2027, with two office properties receiving Canada Green Building Council Zero Carbon Performance Standard Certification this year, taking our net zero carbon footprint to over 2.1M square feet.
About GRESB
Global Real Estate Sustainability Benchmark Report (“GRESB”) is the global industry standard for ESG benchmarking. It assesses and compares the management attributes and performance across real estate companies (public, private and direct) globally. GRESB collects information on material ESG issues aligned with what investors and the industry care about. In 2023, over 2,000 property companies, REITs, funds, and developers with USD 7.2 trillion in assets participated, covering 170,000+ assets across 75 countries.
