Société de la Tour Eiffel, a benchmark player in office property in Greater Paris and in high-potential regional cities in France, has been included in the Gaïa ESG Rating for 2020. As of its first year, the property company has achieved 3rd place (out of 78 companies) in the listed SME-ETI category (those with turnover below 150 million euros) and is placed 53rd in the overall ranking of the 230 companies assessed.
Based on a questionnaire on performance in Environmental, Social and Corporate Governance (ESG) issues over the past 3 years (2017 to 2019) on 4 main criteria, the Gaïa Rating index has determined the ESG maturity level of the Société de la Tour Eiffel as follows:
- 82/100 (+8 points compared with 2017) for its Governance,
- 75/100 (+9 points compared with 2017) on Social issues,
- 77/100 (+4 points compared with 2017) for the Environment criterion,
- 55/100 (+21 points compared with 2017) for its Relations with external stakeholders.
The constant progress recorded over the past 3 years on ESG issues testifies to the relevance of the strategy deployed by the property company, in particular within the framework of its CSR action plan 2018-2021, and also marks an additional step forward in achieving actual results for the initiatives taken by Société de la Tour Eiffel in 2020.
Since 2009, Gaïa Rating, EthiFinance's ESG rating agency, has carried out an annual data collection campaign covering most of the listed SMEs and mid-cap companies in France. Based on this information, companies are rated on their level of transparency and extra-financial performance. The ranking is used, per category of turnover, to compare peers.
To consult the 2019 Extra-Financial Performance Statement of Société de la Tour Eiffel, please click here.
“This new award, the third in 2020, distinguishes the initiatives taken by Société de la Tour Eiffel on the extra-financial level. That recognition underlines as much the concerted action of our employees to put into practise the commitments made by our property company on a daily basis, as the relevance of our aims in that respect. We are starting 2021 with our focus on performance and are determined to go even further on these issues. Our priorities will be to address Decarbonization, the Circular Economy, the Climate Plan and Biodiversity," commented Bruno Meyer, Deputy Managing Director of Société Tour Eiffel.
|Press relations |
Laetitia Baudon - Advisory Director
Tel. + 33 (0)1 44 50 58 79
|About Société de la Tour Eiffel |
Société de la Tour Eiffel is an integrated commercial real estate company with €1.9 bn in assets and a powerful service culture. It operates across the real estate cycle, supporting companies of all sizes and sectors, and directly manages assets in high-potential regions via a rigorous management process. The real estate company manages its real estate portfolio, which is currently growing fast, for the long term. It is implementing a strategic refocus on 100% office property, 80% in Greater Paris and 20% in high-potential regions and is now established as a leading actor in the sector.
Société de la Tour Eiffel is listed on NYSE Euronext Paris (Compartment B) - ISIN Code: FR0000036816 - Reuters: TEIF.PA - Bloomberg: EIFF.FP - Indexes: IEIF Foncières, IEIF Immobilier France