JSE-listed real estate investment trust Redefine Properties has achieved an environmental, social and governance (ESG) risk rating of 6.5 from ESG research and data company Sustainalytics, positioning Redefine thirty-fifth out of 15 111 companies rated by Sustainalytics worldwide and twelfth globally in the real estate category.

A rating of 6.5 places Redefine in the lowest negligible-risk bracket, meaning that the company's exposure to ESG issues is low, while its ability to manage any issues with the help of its practices and policies is high.

It also earned recognition as a Regional Top-Rated ESG Company across the Middle East and Africa and an Industry Top-Rated ESG Company in the real estate sector, Redefine said in a statement.

As part of its ESG work, Redefine integrates several sustainable design practices into its office parks and properties. Energy-efficient buildings, green spaces and eco-friendly materials are standard, which showcases its dedication to operational efficiency and environmental responsibility.

These efforts translate into tangible benefits, from lower utility costs and healthier workspaces to increased tenant satisfaction, it said.

Further, demand for responsible and sustainable real estate is growing, Redefine added.

Blue Route Mall, in the Western Cape, is advancing its sustainability efforts by working toward becoming a plastic-free mall, while Matlosana Mall, in North West, has implemented waste reduction and energy conservation initiatives to minimise its impact, the company noted.

Redefine is dedicated to ESG in the South African real estate sector. Its strategy embeds ESG principles into every decision, thereby ensuring long-term value creation through sustainable investment and operations.

Its environmental strategy is defined by clear policies, measurable impact and accountability across key focus areas, it said.

“ESG factors are increasingly shaping investment decisions, and Redefine’s achievements reinforce its status as a responsible real estate investment trust. The company remains focused on advancing its ESG strategy, continuously improving sustainability measures, and driving meaningful change in the real estate sector,” said the company.

“Sustainability is embedded in everything we do. Our negligible-risk ESG rating of 6.5 reflects the strength of our policies, governance and environmental initiatives, as well as emphasising our ability to manage ESG risks effectively,” Redefine Properties ESG head Ursula Mpakanyane said.

As the company continues to integrate sustainability into its operations, from energy-efficient buildings to waste reduction and green design, it remains focused on creating long-term value for its stakeholders while shaping a more resilient and sustainable built environment, she said.