In 2023, Varia US was evaluated by GRESB for the second time. The 2023 assessment result shows a significantly improved performance in terms of Environmental, Social and Governance dimensions compared to the initial 2022 rating:

Benchmark Report Score: 83/100 (2022: 64/100), Peer Average: 79/100 (2022: 79/100)

GRESB Model:

  • Management Score: 30/30 (2022: 27/30), Benchmark Average: 27/30 (2022: 26/30)
  • Performance Score: 53/70 (2022: 37/70), Benchmark Average: 51/70 (2022: 44/70)

ESG Breakdown:

  • Environmental: 45/62 (2022: 29/62), Benchmark Average: 43/62 (2022: 37/62)
  • Social: 18/18 (2022: 18/18), Benchmark Average: 17/18 (2022: 17/20)
  • Governance: 20/20 (2022: 17/20), Benchmark Average: 19/20 (2022: 18/20)

Peer Comparison: Ranked 4th out of 10 (2022: 8th out of 11), USA, Residential, Multi-Family, Listed

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Varia US Properties AG published this content on 10 October 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 October 2023 05:11:08 UTC.