Vital recognised as 2023 Sector Leader by GRESB
Vital is proud to be recognised as a 2023 Sector Leader by GRESB, an independent standards organisation that creates global benchmarks to assess the ESG (environmental, social, and governance) performance of property and infrastructure organisations.
Vital has achieved Sector Leader status in both the Standing Investments Benchmark and the Development Benchmark as:
- Global Listed Sector Leader, Healthcare Standing Investments
- Global Listed Sector Leader, Healthcare Development
- Global Sector Leader, Healthcare Development
GRESB Sector Leaders are the best performers (first place) by sector and region, with the top scores.
Vital achieved a 5-Star ESG rating for a second consecutive year in the Development Benchmark demonstrating our ongoing commitment to sustainability initiatives.
Other key achievements within Oceania Listed include second place ranking for Developments and third place GRESB score.
Vital’s Fund Manager Aaron Hockly said: “Our continuous commitment to enhance our environmental performance is underpinned by robust governance measures and ongoing stakeholder engagement which is evident in our GRESB results this year. These results reflect the ongoing work undertaken by our dedicated team in region during the year.”
Managed by Northwest Healthcare Properties, our strategy for Vital is centred around the effective management of a top tier asset portfolio. Our primary objective is to deliver consistent rental income and long-term capital appreciation to our unitholders. Integral to this approach are our strong commitments to ESG considerations, which play a fundamental role. We are dedicated to enhancing the environmentally sustainable features of our existing investments and future developments and this remains a key area of focus.
“With our core business spanning across the healthcare sector, ensuring our assets provide environments that promote wellbeing is pivotal to ensuring lasting value for our investors, operating partners, and team” Aaron Hockly said.
This year the GRESB Real Estate Assessment saw a 15% rise in participation, including 2,084 portfolio submissions. This rise has created a benchmark that spans 75 countries and represents a substantial gross asset value of USD $7.2 trillion. This increase in engagement stands as a strong affirmation of the real estate sectors unwavering dedication to transparency in ESG matters and sustainability.