Middle East Daily
    Hot News
    Business

    Impex launches the 2025 Cadillac Escalade in Lebanon: A new standard for luxury and performance

    Lifestyle

    Petros Nearchou Embarks on Mount Kilimanjaro Climb for the Nearchou Foundation’s First Charitable Mission

    Technology

    TECNO Launches CAMON 20 Series: A Steady Night Portrait Master with Groundbreaking Deconstructionist Design

    Important Pages:
    • Privacy Policy
    • Terms & Conditions
    Facebook Twitter Instagram Pinterest
    • Privacy Policy
    • Terms & Conditions
    Wednesday, May 21
    Facebook Twitter
    Middle East Daily
    • Home
    • News

      MENA Effie Thought Leadership Program returns to Dubai with bold conversations on media effectiveness

      FIA PRESIDENT BEN SULAYEM NOMINATES MALCOLM WILSON OBE AS CANDIDATE FOR DEPUTY PRESIDENT FOR SPORT

      Nader Abu-Yaghi appointed Director of Healthcare Services for “Pyramids Health” and “Ability Rehabilitation Medical Center”

      Declaration on longevity and precision medicine launched at Abu Dhabi Global Health Week

      Samsung announces pre-orders for the Bespoke AI Jet Ultra, the world’s most powerful stick vacuum cleaner

    • Business

      From Global Markets to Next-Gen Tech: SBC Summit 2025 Brings a Revamped Conference Programme to Lisbon

      Coworking spaces in luxury real estate developments driving demand in Ras Al Khaimah, according to leading developer

      Huawei Cloud TechWave Summit 2025: Accelerating Intelligence Across Industries and Amplifying Success in the Middle East & Central Asia

      SBC Summit Malta: Payments Innovation Track to Tackle Fraud, Crypto, Open Banking & More

      AUTONOMOUS A2Z Becomes First Korean Company to Obtain Singapore’s M1 Autonomous Vehicle License

    • Technology

      Meta AI App goes live in MENA

      CNTXT AI Unveils Munsit: The Most Accurate Arabic Speech Recognition Model

      New York City Dermatologist Brings Revolutionary Hair Loss Treatments to Dubai

      Samsung announces pre-orders for the Bespoke AI Jet Ultra, the world’s most powerful stick vacuum cleaner

      Terra Drone and Aramco Forge Strategic MOU to Advance Drone Innovation and Localization in Saudi Arabia

    • Lifestyle

      Ajman Department of Tourism Development launches ‘Ride for the Community 2025’ initiative to advance sustainable community goals

      New York City Dermatologist Brings Revolutionary Hair Loss Treatments to Dubai

      Why Endless’s New Platform Is the Fashion Reset Dubai Has Been Waiting For

      Samsung announces pre-orders for the Bespoke AI Jet Ultra, the world’s most powerful stick vacuum cleaner

      UAE’s first-ever Woman Grandmaster Rouda Essa Alserkal to play the Norway Chess Open 2025

    Breaking News:
    • From Global Markets to Next-Gen Tech: SBC Summit 2025 Brings a Revamped Conference Programme to Lisbon
    • Coworking spaces in luxury real estate developments driving demand in Ras Al Khaimah, according to leading developer
    • Huawei Cloud TechWave Summit 2025: Accelerating Intelligence Across Industries and Amplifying Success in the Middle East & Central Asia
    • SBC Summit Malta: Payments Innovation Track to Tackle Fraud, Crypto, Open Banking & More
    • AUTONOMOUS A2Z Becomes First Korean Company to Obtain Singapore’s M1 Autonomous Vehicle License
    • MENA Effie Thought Leadership Program returns to Dubai with bold conversations on media effectiveness
    • The International Pediatric Science conference takes off
    • 10 Korean STEM Fellows Engage with UAE National Experts on Future Cooperation
    Middle East Daily
    Home » Sobha Realty Scores 91, Reaches New Heights in 2024 GRESB Assessment
    Business

    Sobha Realty Scores 91, Reaches New Heights in 2024 GRESB Assessment

    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp

    Dubai, November, 2024: Sobha Realty, a leading global luxury real estate developer, has achieved an impressive score of 91 in the 2024 Annual GRESB Assessment, marking a significant improvement from its 2023 score of 72. This achievement highlights Sobha Realty’s steadfast commitment to Environment, Social and Governance (ESG) pillars, strengthened by its second consecutive year of voluntary participation in the GRESB ESG benchmarking. This advancement positions Sobha Realty among the top 4% of global entities striving for excellence in ESG performance and sustainability leadership.

    In the 2024 GRESB Development Benchmarking Assessment, Sobha Realty outperformed both global and peer averages, attaining an exceptional development score of 65 out of 70. This achievement reaffirms Sobha Realty’s dedication to embedding ESG principles into its design and construction processes, advancing sustainable development across its portfolio.

    Among its peer group of 23 participants from over 14 countries—including the United States, United Kingdom, Europe, and Australia—Sobha Realty ranked ninth, showcasing its rising influence in the global sustainability landscape.

    Francis Alfred, Managing Director of Sobha Realty, said: “Our significant progress in the GRESB assessment exemplifies Sobha Realty’s dedication to sustainability and climate leadership. By centring our ESG goals on sustainable developments, we create meaningful and positive impact, especially in environmental sustainability. Our ambition is to set new standards for sustainable development that benefits our communities, stakeholders, and the planet.”

    Sobha Realty’s GRESB Assessment success exemplifies its leadership in sustainability and further reinforces its commitment to UAE’s vision for a sustainable future, such as the UAE Net Zero by 2050 strategic initiative, UAE circular economy policy and UAE’s Green Agenda. Over the past years, the developer has continuously pioneered high-quality climate reporting with its three comprehensive ESG reports and two Greenhouse Gas (GHG) assessments, which form the basis of its systematic emissions reduction strategy, further supporting the UAE’s climate goals.

    Moreover, Sobha Realty’s Task Force on Climate-related Financial Disclosures (TCFD) report provides valuable insights into climate change impacts outlining robust governance and risk management strategies for a sustainable future.

    GRESB is an independent organization providing validated ESG performance data and peer benchmarks, enhancing industry-wide engagement, decision-making, and business intelligence.

    Its rigorous process consists of data validation, scoring, and peer comparison, ensuring Sobha Realty’s performance is held to the highest global standards.

    About Sobha Realty:

    Sobha Realty is an international luxury developer committed to redefining the art of living through sustainable communities. Established in 1976 as an interior decoration firm in Oman by PNC Menon – a visionary entrepreneur – the company has grown its presence with developments and investments in the UAE, Oman, and India. For nearly five decades, Sobha Realty has been redefining the real estate value chain through ‘Backward Integration’ by leveraging its inherent in-house capabilities of conceptualisation, design, and development. Today, the firm has developed into one of the most prominent and premium real estate developers in the UAE and aims to become a global real estate developer with its essence, the ‘Art of the Detail,’ remaining deeply embedded in the organisation’s DNA. With a proven track record of delivering projects ahead of schedule, the company has eleven masterplans across the UAE and is continually expanding its presence in the city with a number of other prominent projects. The flagship community of Sobha Realty (Sobha Hartland) is a thriving community that is home to over 11,000 residents.

    Sobha Siniya Island, Sobha Realty’s masterplan and it’s very first-ever luxury island project, features luxury villas, mansions, and resorts in a serene island setting.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp

    Related Posts

    Business

    From Global Markets to Next-Gen Tech: SBC Summit 2025 Brings a Revamped Conference Programme to Lisbon

    Business

    Coworking spaces in luxury real estate developments driving demand in Ras Al Khaimah, according to leading developer

    Business

    Huawei Cloud TechWave Summit 2025: Accelerating Intelligence Across Industries and Amplifying Success in the Middle East & Central Asia

    Business

    SBC Summit Malta: Payments Innovation Track to Tackle Fraud, Crypto, Open Banking & More

    Business

    AUTONOMOUS A2Z Becomes First Korean Company to Obtain Singapore’s M1 Autonomous Vehicle License

    Business

    MENA Effie Thought Leadership Program returns to Dubai with bold conversations on media effectiveness

    Business

    The International Pediatric Science conference takes off

    Business

    10 Korean STEM Fellows Engage with UAE National Experts on Future Cooperation

    Add A Comment

    Leave A Reply Cancel Reply

    Follow Us
    • Facebook
    • Twitter
    Top Posts
    Lifestyle

    Unforgettable Eid Concert: Hadise to Perform Live at Rixos Radamis Sharm El Sheikh

    Egypt: Rixos Hotels Egypt is thrilled to announce a spectacular concert featuring the internationally acclaimed…

    Lifestyle

    VC Wear Expands Its Luxury Sportswear Line to New Sports with Innovative Product Range

    Abu Dhabi, UAE – September, 2024 – VC Wear, the premier luxury sportswear brand known…

    Business

    EuroTech ME Launches a Series of Internship Programs Kicking Off with Summer 2024 Internships

    Michael Andersen, Founder & CEO of EuroTech ME, is accelerating his support and empowerment of…

    Business

    Emirates Islamic named ‘Best Overall Islamic Bank’ and ‘Most Innovative Islamic Bank’ at Islamic Finance News Awards 2024

    Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been honoured…

    Business

    10 Steps to a Successful Career in the UAE- A Comprehensive Guide

    The United Arab Emirates (UAE) has developed into a centre that attracts people from all…

    Welcome to Middle East Daily, your daily dose of news and insights from the heart of the Middle East. Explore the latest headlines, delve into thought-provoking analysis, and engage with stories that define our region's narrative.

    Facebook Twitter
    Categories
    • Business (227)
    • Lifestyle (104)
    • News (109)
    • Technology (68)
    Top Insights
    Business

    Storyderm Launches the Renewed Gold Micro Needle Therapy “Princess Peel”

    Lifestyle

    DoubleTree by Hilton Dubai M Square Hotel & Residences Donates 26 Boxes of Clothes to Beit Al Khair Society

    © 2025 Middle East Daily.
    • Home
    • Privacy Policy
    • Terms & Conditions

    Type above and press Enter to search. Press Esc to cancel.