Keppel Ltd. (Keppel) is pleased to announce that the Company, its private funds and listed REITs have been recognised for their strong Environmental, Social and Governance (ESG) efforts in the latest 2024 GRESB Assessment.
Keppel’s Real Estate Division retained its GRESB Green Star designation and GRESB Star rating. Concurrently, the private funds, including Alpha Asia Macro Trends Fund III, Keppel Asia Macro Trends Fund IV and Keppel Education Asset Fund, as well as listed entities Keppel REIT and Keppel DC REIT all attained the GRESB Green Star designation. The GRESB Green Star recognises entities with commendable scores across the benchmark’s ESG components.
Mr Louis Lim, CEO, Real Estate of Keppel, said, “We are heartened by GRESB’s recognition of Keppel’s ESG performance across the Company’s fund management, investment and operating platforms. By harnessing Keppel’s deep domain expertise and sustainable urban renewal initiative, we will continue to enhance the built environment while providing compelling investment and real estate solutions that create enduring value for our stakeholders.”
GRESB is a mission-driven and industry-led organisation providing standardised and validated ESG data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 150 institutional and financial investors to inform decision-making.