EQS-News: SIGNA Prime Awarded ‘Prime’ Status in ISS ESG Sustainability Rating

EQS-News: SIGNA Prime Capital Market GmbH / Key word(s):
   Sustainability/ESG
   SIGNA Prime Awarded ‘Prime’ Status in ISS ESG Sustainability Rating

   08.02.2023 / 11:00 CET/CEST
   The issuer is solely responsible for the content of this announcement.

   ══════════════════════════════════════════════════════════════════════════

   SIGNA Prime Awarded ‘Prime’ Status in ISS ESG Sustainability Rating
    

   Vienna, February 8, 2023 — SIGNA Prime Selection AG (“SIGNA Prime”) has
   been awarded ‘Prime’ status in the sustainability rating by ISS ESG, a
   leading global research and rating agency. SIGNA Prime achieved a ‘C+’
   score in the ESG Corporate Rating. This positions the company within the
   top 10% in the global real estate peer group rated by ISS ESG. ‘Prime’
   status is awarded to companies that exceed the industry-specific threshold
   for sustainability and meet the stringent environmental, social, and
   governance criteria.

   It was only in September of last year that SIGNA Prime achieved an ESG
   risk rating of 9.7 (“negligible risk”) provided by rating agency
   Sustainalytics following a prior rating of 11.3 (“low risk”) in December
   2020 (scale from 0 to 100, with 0 representing a negligible ESG risk).

   Timo Herzberg, CEO of SIGNA Prime: “The ISS ESG Corporate Rating is a
   recognition of our long-standing sustainability efforts and will be a
   major contributing factor in further strengthening our investor base. It
   validates the excellent ESG rating we received from Sustainalytics and
   confirms that SIGNA Prime is committed to meeting high standards when it
   comes to acting responsibly.”

   ISS ESG rates companies based on approximately 100 different and mainly
   industry-specific indicators. ISS ESG applies stringent standards to
   ensure companies are meeting the environmental (E), social (S), and
   governance (G) requirements and assigns them one of twelve grades on a
   scale from ‘A+’ to ‘D-’. ‘Prime’ status is applied when a company achieves
   a grade of ‘C’ or better in the international Real Estate benchmark group.

   Further information about ISS ESG and the ESG Corporate Rating can be
   found at [1]https://www.issgovernance.com/esg/ratings/.

   About SIGNA Prime Selection AG
   SIGNA Prime Selection AG (“SIGNA Prime”) is one of the largest European
   non-listed commercial real estate groups with a Gross Asset Value of
   €18.8b as of year-end 2021.

   SIGNA Prime exclusively owns and manages properties with a long-term
   perspective. The portfolio is concentrated on the largest cities in
   Europe, focusing on the German-speaking region. In 2022, SIGNA Prime
   acquired the world-renowned luxury retail property Selfridges in London.
   The company also owns the luxury department store KaDeWe and the UPPER
   WEST office tower in Berlin, Goldenes Quartier as an extension of Vienna’s
   downtown pedestrian area, and other well-known buildings in major cities,
   such as Berlin, Vienna, Hamburg, Munich, and Zurich.

   Centrally located, established properties are characterized by
   persistently high demand. In order to expand the resilient portfolio and
   continue to generate high value, SIGNA Prime is actively repositioning,
   modernizing, and redeveloping further city-center assets over the next
   years. All new projects will be certified to international green building
   standards.

   Additional information is available at [2]www.signa.at

   Questions?
   Robert Leingruber
   [3]r.leingruber@signa.at
   +43 1 5329848-0

   ══════════════════════════════════════════════════════════════════════════

   08.02.2023 CET/CEST This Corporate News was distributed by EQS Group AG.
   www.eqs.com

   ══════════════════════════════════════════════════════════════════════════

   Language:    English
   Company:     SIGNA Prime Capital Market GmbH
                Freyung 3
                1010 Wien
                Austria
   E-mail:      investor@signa.at
   Internet:    www.signa.at
   ISIN:        AT0000A0WPF1
   WKN:         A1HAYF
   Listed:      Luxembourg Stock Exchange (Euro MTF), Vienna Stock Exchange
                (Vienna MTF)
   EQS News ID: 1554101


    
   End of News EQS News Service


   1554101  08.02.2023 CET/CEST

References

   Visible links
   1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=ca928c0b7200c449cfe7e43a47305d6d&application_id=1554101&site_id=apa_ots_austria&application_name=news
   2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=376889d983b9aeba98804ca44e357e23&application_id=1554101&site_id=apa_ots_austria&application_name=news
   3. mailto:r.leingruber@signa.at

OTS-ORIGINALTEXT PRESSEAUSSENDUNG UNTER AUSSCHLIESSLICHER INHALTLICHER VERANTWORTUNG DES AUSSENDERS - WWW.OTS.AT |

print