Globalworth Real Estate Inv Ltd Carbon Emissions Reduction Commitment
December 19 2022 - 2:00AM
RNS Non-Regulatory
TIDMGWI
Globalworth Real Estate Inv Ltd
19 December 2022
FOR IMMEDIATE RELEASE
19 December 2022
Globalworth Real Estate Investments Limited
("Globalworth" or the "Company")
Carbon Emissions Reduction Commitment
Globalworth, the leading office investor in Central and Eastern
Europe, is pleased to announce its commitment to further reducing
its real estate portfolio's carbon footprint by 2030.
At Globalworth, we recognize our obligation to responsibly
manage the Environmental, Social, and Governance impacts of how we
do business. Actively managing the consumption and associated
carbon emissions generated from the construction and operation of
our buildings is an area that we have been increasingly focusing
on.
As Europe is aiming for greenhouse gas neutrality by the middle
of the century, we have also accepted the challenge of further
reducing our carbon footprint across our value chain, from the
business areas under our control to the areas controlled by our
tenants.
Our environmental target is to reduce GHG emissions intensity by
+40% by 2030 versus our baseline 2019 levels (for Scope 1 and 2)
and commit to measuring and reducing Scope 3. In setting this
target, we have used a science-based approach to align with a
1.5(o) C trajectory .
For further information visit www.globalworth.com or
contact:
Enquiries
Stamatis Sapkas Tel: +40 732 800 000
Chief Financial Officer
Panmure Gordon (Nominated Adviser and Tel: +44 20 7886 2500
Broker)
Alina Vaskina
About Globalworth / Note to Editors:
Globalworth is a listed real estate company active in Central
and Eastern Europe, quoted on the AIM-segment of the London Stock
Exchange. It has become the pre-eminent office investor in the CEE
real estate market through its market-leading positions both in
Poland and Romania. Globalworth acquires, develops and directly
manages high-quality office and industrial real estate assets in
prime locations, generating rental income from high quality tenants
from around the globe. Managed by over 240 professionals across
Cyprus, Guernsey, Poland and Romania, a combined value of its
portfolio is EUR3.2 billion, as at 30 June 2022. Approximately
96.3% of the portfolio is in income-producing assets, predominately
in the office sector, and leased to a diversified array of over 660
national and multinational corporates. In Poland Globalworth is
present in Warsaw, Wroclaw, Lodz, Krakow, Gdansk and Katowice,
while in Romania its assets span Bucharest, Timisoara, Constanta,
Pitesti, Arad and Oradea.
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