In a significant nod to its sustainability efforts, Constant Energy has been recognized as a top performer in the GRESB ESG assessment, securing a full 5-star rating with an impressive score of 95 out of 100. This achievement represents a substantial leap from its previous score of 79, underscoring the company’s deepening dedication to environmental, social, and governance (ESG) principles and transparent operations.
Understanding the GRESB ESG Assessment
GRESB, formerly known as the Global Real Estate Sustainability Benchmark, is the leading global standard for evaluating and benchmarking the ESG performance of real estate and infrastructure portfolios. The GRESB Infrastructure Assessment, in particular, serves as the premier tool for institutional investors to gauge the ESG performance of infrastructure funds and assets, focusing on the most material issues within the sector.
The assessment’s robust and universal framework is crucial for investors, who use it to monitor their portfolios, engage with asset managers, and make well-informed decisions. For infrastructure fund managers and asset operators like Constant Energy, it provides a clear pathway to measure, report, and enhance their ESG performance, as a high score is a powerful signal to the investment community.
Constant Energy’s Commitment to the GRESB ESG Assessment
Constant Energy’s outstanding score is a direct reflection of its robust commitment to ESG principles and its strategic alignment with the UN Sustainable Development Goals. This commitment is not just about compliance; it’s about leading the way. The company’s achievement comes at a time when impressive solar ESG standards are becoming increasingly critical for global trade and investment, particularly concerning ethical production and supply chain transparency, which includes the responsible sourcing of solar panel raw materials.
Franck Constant, CEO of Constant Energy, expressed his pride in the company’s progress: “Our improved GRESB score is a testament to our ongoing commitment to ESG principles and our alignment with the UN Sustainable Development Goals. We are proud to be a trusted partner in the energy transition, and we remain committed to continuous improvement and transparent reporting.”
This achievement highlights Constant Energy’s dedication to ESG excellence and its vital role in the global energy transition, a movement exemplified by nations like Costa Rica generating 98% of its power from clean sources. The company’s ongoing efforts to improve and report transparently solidify its leadership position in the sustainable energy industry.
Constant Energy Overview
Constant Energy is a prominent renewable energy company that specializes in developing, owning, and operating solar power plants and energy storage solutions for commercial and industrial (C&I) clients. The company has a strong portfolio of projects across Southeast Asia, including in Thailand, Malaysia, the Philippines, and Vietnam, with strategic plans for expansion into Europe. This planned European expansion aligns with ambitious regional goals, such as France’s bold renewable target for 2025.
The firm’s commitment to delivering clean and reliable energy has made it a trusted partner for businesses aiming to transition to sustainable energy sources. Constant Energy’s focus on innovation and quality ensures that its projects, from the basics of solar panel manufacturing to the complete solar panel manufacturing process, meet the highest standards of performance and environmental stewardship.
GRESB Overview
Founded in 2009, GRESB provides standardized and validated ESG data that is mission-critical for financial markets. Today, GRESB is the global standard for ESG benchmarking, covering over $8.9 trillion in real asset value. Its data is utilized by more than 200 institutional investors to guide investment strategies, engage with managers, and drive sustainable financial performance.
GRESB’s mission is to enhance and protect shareholder value by promoting the integration of ESG considerations into business practices, thereby improving resilience and creating positive social and environmental impacts. The assessments are meticulously designed to provide actionable insights for both investors and companies dedicated to improving their ESG performance.
Constant Energy’s recognition as a top GRESB performer is a clear indicator of its leadership in sustainability. With a steadfast focus on ESG principles, the company is exceptionally well-positioned to drive positive change in the energy sector and contribute meaningfully to a more sustainable global future.
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