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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