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11/27/24, 10:52 AM Sobha Realty Scores 91, Reaches New Heights in 2024 GRESB Assessment | Web Release
BUSINESS AND ECONO…
Sobha Realty Scores 91, Reaches New Heights In 2024 GRESB
Assessment
By Editor_wr On Nov 25, 2024
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Sobha Realty, a leading global luxury real estate developer, 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 positions Sobha
Realty among the top 4% 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 an exceptional 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.
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.
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