Constant Energy Singapore Holding Pte. Ltd. demonstrates its continuing commitment to ESG transparency and improved performance by participating in the 2020 Infrastructure Assessment. It has achieved a GRESB 5-star rating which is at the top 20% of the benchmark of overall global solar independent power provider. Constant Energy accomplished a total score of 82 out of 100, while a peer average score is at 69.
Each year GRESB assesses and benchmarks the ESG performance of real assets worldwide. The GRESB Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of real asset investments and are aligned with international reporting frameworks, goals and emerging regulations.
The 2020 ESG benchmark covers more than US $5.3 trillion AuM (2019: 4.5 trillion), giving clarity and direction to the real asset investment market as a means to address complex sustainability challenges. GRESB data is used by hundreds of capital providers and thousands of asset managers to benchmark investments across portfolios and understand the opportunities, risks and choices that need to be made as the industry transitions to a more sustainable future.
Franck Constant, CEO of Constant Energy, said: “Constant Energy is continuously striving to have a positive impact on the environment, working in partnership with the communities where we operate. We thank our financial partners, suppliers and team members for their contribution in achieving this important goal in record time. Achieving GRESB 5-star rating in Global Solar Power Generation Sector reflects our commitment to transparency and accountability in all our business practices – this underpins our reputation as a trusted partner and how we achieve sustainable growth.”
“With accelerating sustainability risks, accessing standardized and reliable ESG data and benchmarks has never been more important to investors,” said Sander Paul van Tongeren, Co-founder and Managing Director at GRESB. “It’s inspiring to witness the collective industry effort from around the world to improve ESG transparency and advance sustainable real assets.”
About Constant Energy
Constant Energy is a renewable electricity generation and storage investment platform which invests in and manages high-quality power assets in selected countries. As a solar developer and Independent Power Producer (IPP), we develop, design, finance, build, own and operate utility-scale and large industrial rooftop-based solar PV power plants. Regionally headquartered in Bangkok, Constant Energy operates in Asia with a primary focus in Southeast Asia. We produce clean and reliable electricity to our clients for the long term, enabling them to reduce their energy bill, increase profitability and enterprise value while focusing on their core business activities.
Learn more at constantenergy.net
GRESB is a mission-driven and investor-led organization providing standardized and validated Environmental, Social and Governance (ESG) data to the capital markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world. In 2020 alone, more than 1,200 real estate portfolios reported to GRESB covering more than 96,000 assets. Our coverage for infrastructure includes more than 540 infrastructure portfolios and assets. Combined, the reported assets represent US $5.3 trillion AUM. The data is used by more than 100 institutional and financial investors to monitor investments across portfolios and navigate the strategic choices needed for the industry to transition to a more sustainable future.
Learn more at GRESB.com.