Fibra Uno and Terrafina Lead the Development of ESG Strategies
- Fibra Uno and Terrafina lead in ESG strategies among real estate investment trusts, while Nova, Storage, and Upsite lag behind in their sustainable initiatives, according to Miranda Partners.
Fibra Uno and Terrafina lead the development of ESG (Environmental, Social, and Corporate Governance) strategies among their peers, according to Miranda Partners. The report identifies Nova, Storage, and Upsite as the most lagging real estate investment trusts in the development and communication of their sustainable initiatives.
Within the Real Estate Investment Trust (REIT) sector, Fibra Uno and Terrafina stand out in the development of ESG strategies, as stated in the report "The New Leaders and Laggards of ESG" by Miranda Partners. "Terrafina has caught up with Fibra Uno as the leader in the REIT sector.
The laggards are the only companies in the sector that have not yet started developing ESG strategies," the report states.
On the other hand, the report identifies Nova, Storage, and Upsite as the most lagging real estate investment trusts in the development and communication of their ESG initiatives.
"Measuring and comparing ESG performance among companies from different sectors (even within the same sector but with different corporate structures) is not an easy task.
