ICADE PRESS RELEASE
Paris, 9 September 2015
ICADE MAKES CLEAR PROGRESS IN CSR RANKINGS BY RATING AGENCIES
A number of extra-financial assessment institutions have rewarded Icade's Corporate
Social Responsibility.
No. 2 in GRESB
Assessed for the first time under the framework of the Global Real Estate Sustainability
Benchmark (GRESB), Icade was ranked in the top Green Star category with a score of
62/100. Icade ranked no. 2 out of 18 European companies in the "diversified assets" category. The GRESBis an international organisation specialised in the assessment of environment, social and governance performances in the property sector.
An 11-place climb in the Vigeo ranking
Icade moved up from 18th to 7th position in the Vigeo ranking assessing 33 European
companies. Its score rose by 14 points relative to the previous ranking in 2013 and stood at 49 out of 100 for 2015. Vigeois a reference European agency in assessment of corporate social responsibility.
Icade also saw the quality of its reporting rewarded by a Gold Sustainability Award from the EPRA. After not being selected in 2014, Icade integrated the EPRA's recommendations for 2015, in particular by communicating its environmental indicators on a like-for-like basis. The European Public Real Estate Association (EPRA) establishes its recommendations and awards prizes based on the quality of environmental reporting of companies in the property sector.
CSR at the heart of Icade's strategy
Olivier Wigniolle, who is proud to see Icade's commitment in terms of sustainable development recognised by extra-financial rating agencies, stated:
"I would like to further strengthen Icade's commitment in favour of energy transition, sustainable development and CSR, by relying on all of the city's players with concrete and innovative initiatives."
Icade's CSR policy is set out in the CSR chapter of our 2014 reference document.
Environmental indicators in the EPRA format are available in a specific reportingdocument.
Icade is a listed company, a subsidiary of the Caisse des Dépôts and a major player in Greater Paris and regional development , capable of providing comprehensive, sustainable and innovative solutions that are tailored to customer needs and the
challenges of tomorrow's cities. Leading commercial real estate company in Europe, Icade recorded an EPRA Earnings of 270 million euros in 2014. On 30 June 2015, its EPRA triple net asset value reached 5,340 million euros, or 72.4 euros per share.
The text of this press release is available on the Icade website:
CONTACTS Marianne de Battisti, Member of the Executive Committee in charge of key accounts, corporate relations and communication
Tel.: +33 (0)1 41 57 70 30
marianne.de.battisti@icade.fr
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