Page 40 - SOBHA REALTY PR REPORT - NOVEMBER 2024

Sobha Realty Scores 91, Reaches New Heights in 2024

GRESB Assessment

November 25, 2024

~The company features amongst top 4% of global entities striving for excellence in ESG
Performance~

Dubai, November 25, 2024: 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.

https://propertytime.ae/archives/1876