INDIANAPOLIS, Nov. 04, 2021 (GLOBE NEWSWIRE) – Duke Realty Corporation (NYSE: DRE), the leading nationally owned logistics-only REIT (Real Estate Investment Trust) in the United States, ranks first among its peers and four GRESB Green Stars for exceptional performance in environmental stewardship, social responsibility and governance (ESG) and sustainable development practices. The GRESB real estate appraisal is a rigorous assessment of the sustainability performance of real estate companies and funds around the world.
“At Duke Realty, we want to be leaders in the design and development of facilities that create minimal environmental impact – that’s why we are committed to seeking LEED certification for our new developments,” said Megan Basore, Vice President of Corporate Responsibility at Duke Realty. “We are constantly looking for ways to improve and further define our ESG initiatives as a company, developer and owner. It is reassuring to learn that our unwavering commitment to operating our business responsibly and ethically with the utmost respect for our stakeholders is now a standard of excellence for others in our industry.
Duke Realty’s GRESB 2021 submission received top notch recognition, including:
- First among its peers and industry leader in the development benchmark
- Obtain a score well above the GRESB and the peer average
- Second among peers in the Standing Investments Benchmark
- Achieve the highest score for management
GRESB is the benchmark for ESG benchmarking and reporting for listed real estate companies, private real estate funds, developers and investors who invest directly in real estate. It provides systematic assessment, objective scoring and peer benchmarking, and its unique ESG performance data enables investors to better manage risk and improve returns. The assessment contains around 55 indicators, including energy consumption, greenhouse gas emissions, water consumption and waste management.
Sustainability is an integral part of Duke Realty’s commitment to corporate responsibility. Earlier this year, the company released its Corporate Responsibility Report 2020. Additionally, the company issued its second green bond in January 2021, bringing Duke Realty’s total green bond issuance to $ 850 million after being the first industrial REIT to issue a green bond in the United States in 2019. Duke Realty recently filed its Green bond allocation report 2021 describing how the proceeds of the offering were used.
About Duke Realty
Nationally, Duke Realty owns and operates approximately 160 million square feet of leasable industrial assets in 19 major US logistics markets. Duke Realty Corporation is listed on the New York Stock Exchange under the symbol DRE and is part of the S&P 500. More information on Duke Realty is available at www.dukerealty.com. Duke Realty can also be tracked on Twitter, LinkedIn, Facebook, Instagram and Youtube.
Press contact: Gene Miller, Senior Director, Communications and Public Relations, 317.808.6195, [email protected]