Page 30 - SOBHA REALTY PR REPORT - NOVEMBER 2024

11/27/24, 10:52 AM Sobha Realty reaches new heights in 2024 GRESB assessment
Sobha Realty reaches new heights in 2024 GRESB assessment with score of 91
The company features amongst top 4 percent of global entities striving for excellence in
ESG performance

In the 2024 GRESB Development Benchmarking Assessment, Sobha Realty outperformed both global and peer averages,
attaining a development score of 65 out of 70
Published: Tue 26 Nov 2024, 6:38 PM
Luxury real estate developer Sobha Realty has achieved an impressive score of 91 in the 2024
annual GRESB assessment, marking a significant improvement from its 2023 score of 72. This
achievement highlights Sobha Realty’s steadfast commitment to environment, social and
governance (ESG) pillars, strengthened by its second consecutive year of voluntary participation in
the GRESB ESG benchmarking. This advancement also positions Sobha Realty among the top 4
percent of global entities striving for excellence in ESG performance and sustainability leadership.
In the 2024 GRESB Development Benchmarking Assessment, Sobha Realty outperformed both
global and peer averages, attaining a development score of 65 out of 70. This achievement reaffirms
Sobha Realty’s dedication to embedding ESG principles into its design and construction processes,
advancing sustainable development across its portfolio.

Read: Sobha Group launches energy solutions vertical for cooling services
Leading among peers
Among its peer group of 23 participants from over 14 countries — including the United States,
United Kingdom, Europe, and Australia — Sobha Realty ranked ninth, showcasing its rising
influence in the global sustainability landscape.
“Our significant progress in the GRESB assessment exemplifies Sobha Realty’s dedication to
sustainability and climate leadership. By centring our ESG goals on sustainable developments, we
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