Investa makes G100 list
Listed property business, Investa Property Group, has been named among the Global 100 (G100) list of the most sustainable corporations in the world.
Announced by research group Innovest Strategic Value Advisors at the World Economic forum in Davos, Switzerland, Investa was one of three Australian companies recognised on the annual list. The other two local companies were Insurance Australia Group and Westpac Banking Corporation.
Investa Property Group managing director John Arthur said: “Our inclusion in the G100 is a further recognition of Investa’s continued commitment to sustainability and reinforces the company’s corporate leadership on climate change and sustainability issues more broadly”.
Arthur said the group’s addition to the G100 list is the second such recognition in the past 12 months, with Investa named the leading company on the Dow Jones Sustainability World Index in both the property and financial services ‘super sector’ in September last year. And in December it was rated by Citigroup as the equally best placed company on the ASX 100.
Investa’s general manager, sustainability, safety and environment Craig Roussac said the company’s energy and water programs are delivering annual savings of $1.7 million with a combined return on investment of 61.7 per cent.
“Over the past two years alone, Investa has reduced water consumption in our commercial office buildings by 28 per cent through a number of new initiatives,” Roussac said.
“We have been able to demonstrate a ‘hard dollar’ increase in a property valuation due to improvements in a building’s environmental performance. This supports our long-held view that superior environmental performance can create value over and above mere cost savings,” he said.
The G100 list is now in its third year. It includes companies from 16 countries in sectors ranging from oil and gas to wireless telecommunication services that were evaluated according to how effectively they managed environmental, social and governance risks and opportunities, relative to their industry peers.
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