Eastnine top ranked by GRESB

GRESB (Global Real Estate Sustainability Benchmark) annually conducts an international ranking of the real estate sector with a focus on sustainability. Eastnine receives 92 out of 100 points and five out of five stars in the 2024 GRESB assessment, which ranks Eastnine 10 out of 105 listed European real estate companies.

GRESB, which was founded in 2009, is the leading ESG¹ benchmark for real estate and infrastructure assets worldwide and is used by institutional and financial investors.

This year’s benchmark of the real estate companies’ ESG performance covers USD 7 trillion of gross asset value. Out of 100 possible, Eastnine receives 92 points, which places Eastnine among the top 20 percent in GRESB's global real estate benchmark. This scoring awards Eastnine with the maximum 5-star rating by GRESB. Among European listed real estate companies, Eastnine ranked 10 out of 105 peers.  

”We are extremely happy to once again be in the top in the GRESB benchmark. It proves that our property portfolio performs high from the ESG perspective and that our efforts in this area contributes to the green transition. Eastnine works dedicatedly to maintain a high performance in our properties and to offer inspiring and pleasant workplaces where our tenants will want to continuously be working”, says Kestutis Sasnauskas, CEO of Eastnine.

Eastnine aims to be a leader in sustainability in its regions. The Company works consistently to reduce its carbon footprint and to reach net zero by 2030. In the recent years, the primary focus has been on energy optimisation, where digitalisation is an important aspect. These efforts have resulted in continued improvements in Eastnine’s asset performance and reduced emission intensity per sq.m, which is reflected in the GRESB score. At the same time, new challenges emerge as Eastnine expands its presence in Poland, a market highly dependent on fossil fuels.

“The energy mix in Poland creates new challenges for us and places high demands on optimisation of our property operations. We see ongoing digitalisation of our assets as an important tool to handle this challenge and not compromise on our climate goals”, says Lilia Kouzmina, Head of Sustainability at Eastnine.

Eastnine AB (publ)

¹ ESG stands for Environment, Social and Governance.