Carbon Emissions Reduction Commitment

About this update from Globalworth Real Estate Investments Limited

[{"type":"text","content":"\n \n \n FOR IMMEDIATE RELEASE\n \n \n  \n \n \n 19 December 2022\n \n \n \n Globalworth Real Estate Investments Limited\n \n \n \n \n (\"Globalworth\" or the \"Company\")\n \n \n \n \n Carbon Emissions Reduction Commitment\n \n \n \n Globalworth, the leading office investor in Central and Eastern Europe, is pleased to announce its commitment to further reducing its real estate portfolio's carbon footprint by 2030.\n \n \n At Globalworth, we recognize our obligation to responsibly manage the Environmental, Social, and Governance impacts of how we do business. Actively managing the consumption and associated carbon emissions generated from the construction and operation of our buildings is an area that we have been increasingly focusing on.\n \n \n As Europe is aiming for greenhouse gas neutrality by the middle of the century, we have also accepted the challenge of further reducing our carbon footprint across our value chain, from the business areas under our control to the areas controlled by our tenants.\n \n \n Our environmental target is to reduce GHG emissions intensity by +40% by 2030 versus our baseline 2019 levels (for Scope 1 and 2) and commit to measuring and reducing Scope 3. In setting this target, we have used\n a science-based approach to align with a 1.5oC trajectory\n .\n \n \n  \n \n \n For further information visit\n \n www.globalworth.com\n \n or contact: \n \n \n  \n \n \n \n \n \n \n \n Enquiries \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Stamatis Sapkas\n \n \n Chief Financial Officer\n \n \n  \n \n \n \n \n Tel: +40 732 800 000\n \n \n \n \n \n \n Panmure Gordon (Nominated Adviser and Broker)\n \n \n Alina Vaskina\n \n \n  \n \n \n \n \n Tel: +44 20 7886 2500\n \n \n \n \n \n \n \n About Globalworth / Note to Editors: \n \n \n \n Globalworth is a listed real estate company active in Central and Eastern Europe, quoted on the AIM-segment of the London Stock Exchange. It has become the pre-eminent office investor in the CEE real estate market through its market-leading positions both in Poland and Romania. Globalworth acquires, develops and directly manages high-quality office and industrial real estate assets in prime locations, generating rental income from high quality tenants from around the globe. Managed by over 240 professionals across Cyprus, Guernsey, Poland a...

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