Page 42 - SOBHA REALTY PR REPORT - NOVEMBER 2024
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11/26/24, 10:47 AM                                            Latest News


        Sobha Realty Scores 91, Reaches New Heights in


        2024 GRESB Assessment


         26/11/2024

        ~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


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