Beacon, the rail leasing provider offering the broadest UK and European rolling stock solutions, has been awarded a 5 Star rating in the Global Real Estate Sustainability Benchmark (GRESB).
Established in 2009, GRESB is the leading Environmental, Social and Governance (ESG) benchmark for real estate and infrastructure investments across the world.
Beacon’s score of 91 points out of 100 places it 25th out of 406 participants, in only the third year it has participated. It scored 100% in the Health and Safety, Leadership and ESG Governance metrics and was above the peer group average score in every single GRESB metric.
Beacon’s Sustainability Strategy is supported by a five year plan with company, team and individual targets designed to ensure it excels at the factors scored by GRESB. These measures reflect the long term view Beacon takes on investment decisions and its commitment to transparency for stakeholders.
Beacon ESG Leader, Elizabeth Mircicā, said:
“We are thrilled to be awarded 5 stars from GRESB. This has been a fantastic team effort at Beacon, with every one of our staff contributing to it. We look forward to further improving our ranking thanks to the priority we attach to ESG across all our projects and to working closely with our stakeholders.”
Beacon CEO, Adam Cunliffe, said:
“Being awarded GRESB’s highest rating is welcome recognition of our commitment to investing in sustainable rolling stock solutions, so that railways remain an attractive option for future generations.
“We will strive to hit 100 per cent in all of the GRESB metrics. These reflect how we work with our people, our efforts to improve the environment in which we operate and to deliver our financial targets.”