Varia US Properties demonstrates its continuing commitment to ESG transparency and improved ESG performance by participating in 2022 for the first time in the global ESG benchmark for the real estate industry, GRESB (Global Real Estate Sustainability Benchmark). The annual GRESB assessment is guided by what investors and the industry consider to be material issues in the sustainability performance of asset investments and are aligned with international reporting frameworks, goals and emerging regulations.
Patrick Richard, Delegate of the Board of Directors of Varia US, says: “We are very pleased with the strong results that we received in the 2022 GRESB ranking as you have to consider that the peer group consists of companies much larger stock-listed companies than Varia US and that we participated in this assessment for the first time. What differentiates Varia US from its GRESB peer group is our mission to serve the American workforce with safe, good-quality, and market-rate affordable apartment communities to call home.”