20 Oct 2021

NORTEGAS, ONE OF THE LEADING SPANISH COMPANIES IN THE GRESB SUSTAINABILITY RANKING

  • For the second year running, Nortegas has one of the highest scores in the GRESB assessment based on ESG benchmarking
  • Over 558 companies with an international presence took part in the ranking, one of the most prestigious of the sector

Nortegas, the second natural gas distributor in Spain, received five stars in the 2021 Infrastructure Sustainability Ranking, the highest score in annual assessment conducted by GRESB.

In 2021, GRESB analysed over 558 companies, including Nortegas that was awarded the highest score in the International Classification of Infrastructure category. For the second year running, the distributor has been awarded five stars and ranked 4th among gas distribution companies in Europe and internationally. As regards the total score awarded by GRESB, Nortegas obtained 92 out of 100, which is notably higher than last year’s 67 points. Nortegas is also ranked 65th on the GRESB Score on 33rd on the Management Score.

GRESB is an independent organisation that uses environmental, social and corporate governance data to promote sustainable development in the infrastructure and property sectors. Since it was set up in 2009, GRESB has become the go-to benchmark to assess the performance of the real assets of the sector. Each year, it prepares an assessment that provides standardised data validated by the capital markets, along with a scoring system that ranks companies in terms of sustainability.

This recognition showcases Nortegas’s efforts to develop governance, social and environmental good practices. It also highlights the company’s commitment shown through its research projects to offer solutions for the decarbonisation challenge. Nortegas is working, in fact, to drive a socially and economically efficient process to the energy transition.