AGIV Wins GRESB Sector Leadership Prize: Showcasing Global Excellence in Sustainability

ESG

AGIV Wins GRESB Sector Leadership Prize: Showcasing Global Excellence in Sustainability

This achievement solidifies AGIV’s position as a leader in sustainable industrial real estate and reflects Aliro’s commitment to embedding ESG excellence in everything we do.

James Cahill / 23 October, 2024

Aliro Group Industrial Vehicle (AGIV) Wins GRESB Sector Leadership Prize: Showcasing Global Excellence in Sustainability

Aliro Group is proud to announce that its core plus industrial vehicle, AGIV (Aliro Group Industrial Vehicle) has received a Sector Leadership prize and been ranked #1 in its peer group [1] by the Global Real Estate Sustainability Benchmark (GRESB) for 2024. This achievement solidifies AGIV’s position as a leader in sustainable industrial real estate and reflects Aliro’s commitment to embedding ESG excellence in everything we do.

AGIV scored 86/100 for the Real Estate Assessment, a 6-point increase from 2023, climbing to 1st place for the first time since the inception of the Fund.  In the Development Assessment, AGIV earned an exceptional score of 98/100, up 4 points from last year, securing a Regional Sector Leader prize for the Oceania-Industrial category. [2]

AGIV’s outstanding rankings across both components of the assessment highlight Aliro Group’s continued dedication to achieving sustainability excellence across its industrial portfolio and development pipeline.

Established in 2009, the GRESB Real Estate Benchmark is used by financial markets to measure the ESG performance of listed property companies and private property funds. The Assessments evolve each year to reflect what investors and industry consider to be material issues in the sustainability performance of real estate investments.

“This is a historic moment for Aliro Group and AGIV,” said Daniel Wise, CEO of Aliro Group. “Achieving a Sector Leadership prize and the #1 ranking in our peer group for the first time is a testament to our ongoing commitment to remain at the forefront of the industry by delivering leading sustainability outcomes for our customers whilst creating high-quality, institutional-grade real estate for our investors. We are immensely proud of this achievement and will continue pushing the boundaries to set new sustainability standards.”

Oscar Zerbst, Asset Management & ESG Director at Aliro Group, added, “AGIV’s Sector Leadership prize and top ranking demonstrates the success of Aliro’s unique approach to ESG, which involves empowering all teams to understand Aliro’s ESG Strategy and work collaboratively to convert its goals into action. It also reflects the value of actively engaging with our tenant and investor customers, which helps us implement strategies that support their sustainability needs and aspirations. This recognition by GRESB energises us to keep innovating and enhancing our performance across the portfolio.”

 

Driving ESG Excellence in the Industrial Sector 

AGIV’s outstanding performance can be attributed to the successful delivery of our strategic objectives. Over the past 24 months, we have focused on our portfolio-wide rollout of data monitoring systems, launching a new climate risk management platform, installing new solar PV systems, elevating our Design Brief, and certifying new assets and developments with Green Star rating tools.

As our customers continue to prioritise ESG, Aliro Group and AGIV are proud to continue to set the benchmark for a more sustainable industrial real estate sector.

For more information, contact James Cahill, Senior ESG Manager at Aliro Group – jcahill@aliro.com.au

[1] Australia | Industrial: Distribution Warehouse | Value-added | Non-listed

[2] Regional Sector Leader | Oceania | Industrial

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