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11/26/24, 10:47 AM Sobha Realty Scores 91, Reaches New Heights in 2024 GRESB Assessment - Middle East News 247
Sobha Realty Scores 91, Reaches New Heights in
2024 GRESB Assessment
By News Desk 1 25/11/2024
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.
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