CTP in “Low-Risk“ Category: CTP Places in top 1.5% of ESG Risk Rankings Worldwide
■ Very solid first ESG rating for CTP N.V. by Sustainalytics Inc.
■ RRisk score of 11.0 puts CTP NV the top 1.5% of over 11,000 corporates internationally that have a Sustainalyt-ics score; among real estate companies, CTPs score puts it in the top 5% over 1,000 scored
■ Sustainalytics rates CTP NV Management as ‘strong’ on ESG matters
CTP N.V. is pleased to announce that in its first-ever ESG Risk rating, carried out by Sustainalytics Inc., the company achieved a low-risk score of 11.0. The ESG Risk score measures the degree to which the enterprise value of a company is exposed to material financial impacts from ESG (environmental, social and governance) factors. A score of 11.0 places CTP in the lower end of the “low-risk” category, which on the Sustainalytics scale ranges from 10–20. Additionally, CTP was ranked in the highest category—“strong”—for ESG Management, evidencing CTP’s ability to adequately manage ESG-related matters in terms of policies and programmes as well as through quantitative performance measurement.
During 2021, CTP will further seek external validation for its ESG profile. Currently, CTP is being evaluated to determine if its operations are already carbon-neutral, which is CTP’s objective for 2021 throughout the geographies where it operates.
CTP, a top-five industrial and logistics real estate developer in Europe and the largest in CEE, with over 6.3 million m² of logistics space in 8 countries, targets carbon neutral operations by 2023. At the beginning of 2021, the company became the most environmentally friendly developer in the region, thanks to 100% BREEAM certification of the company’s entire portfolio and achieving carbon neutral operations during 2021. In March this year, CTP was floated on Euronext Amsterdam, the world’s oldest stock exchange.
For more information about CTP, visit https://www.ctp.eu.