Reduction of CO₂ emissions and energy savings for Altera Retail Fund in 2024
Real estate investor Altera Vastgoed (hereinafter: Altera) has once again obtained great results in the Global Real Estate Sustainability Benchmark (GRESB) with its funds.
The Altera retail fund, with a focus on food and convenience, has been named the Netherlands’ most sustainable retail fund in this category for the third year in a row. The Altera residential fund has managed to maintain its strong position in the Netherlands.
Since the star rating was introduced by GRESB both funds have received a rating, and the maximum rating of five stars since 2019.
Altera CEO
Jaap van der Bijl
: “GRESB allows us to evaluate and compare our strategy and the results we have achieved. Over the last 13 years, we have been participating in the GRESB benchmark with our funds. The 2024 results have once again confirmed that Altera has been making a valuable contribution for many years and we are very proud of this fact. Our strategy focuses on achieving returns in two ways: financially and with respect to ESG.
We are committed to developing sustainable buildings and making existing real estate more sustainable, while at the same time creating value for all our stakeholders: our investors, our tenants and society as a whole.”
Rudy Verstappen
, Team Lead ESG: “At Altera we are striving to make our portfolios Paris Proof by 2040. An important part of this is improving data quality. Participation in benchmarks helps us in this process. The results show that we, in cooperation with our tenants and business partners, consistently work to reduce energy usage, water usage, and waste production.”
GRESB
Altera has been participating in the GRESB benchmark since 2012. The GRESB benchmark is an independent and leading metric. GRESB studies worldwide ESG factors of property and infrastructure. The recently published GRESB benchmark is based on data received from over 2,200 property investors worldwide (representing a total of €7.0 trillion AUM).
