Godrej Properties ranked #1 amongst listed global residential developers by the Global Real Estate Sustainability Benchmark (GRESB)

24 Dec 2020

GRESB recognizes Godrej Properties as a Real Estate Development Sector Leader Globally and in Asia

Godrej Properties Limited (GPL) (BSE scrip id: GODREJPRP), one of India’s leading real estate developers, announced today that GRESB, an organization that provides Environmental, Social and Governance (ESG) benchmarks for real estate organizations across the world has recognized Godrej Properties as a Real Estate Development Sector Leader both globally and in Asia for listed residential real estate.

Each year GRESB recognizes and celebrates participants from across the world who have excelled with their leadership and commitment as real estate sector leaders with the expectation that these organizations will help drive ESG improvements across the industry. Godrej Properties has participated in the benchmark assessment since 2013 and achieved its highest score of 95 points this year. The 2020 GRESB Real Estate Assessment report has ranked GPL #1 amongst listed residential developers globally and amongst Asian residential developers.

Godrej Properties is the only real estate developer in India to receive this global recognition.

Mr. Pirojsha Godrej, Executive Chairman, Godrej Properties Limited, said, “Delivering environmental sustainability, a positive social impact, and good governance have always been an integral part of our values at Godrej. This global recognition will motivate our entire team to continue to improve our ESG standards across all parts of our operations.”