GPE publishes Sustainable Bond Allocation & Impact Report
Great Portland Estates plc (‘GPE’ or ‘the Group’) today announces the publication of its Sustainable Bond Allocation and Impact Report, which allocates the net proceeds of its inaugural £250 million Sustainable Bond, issued in September 2024.
In line with GPE’s Sustainable Finance Framework, originally published in May 2021 and updated in September 2024, the proceeds have been fully allocated to either eligible green or social projects including our HQ schemes 2 Aldermanbury Square, EC2, 30 Duke Street, SW1 and Minerva House, SE1, as well as Fully Managed schemes. This reflects GPE’s commitment to embedding sustainability across its operations and investment strategy.
This report provides our stakeholders with a clear view of allocated proceeds against our sustainability related successes, including the funding of our best-in-class central London schemes which form part of our pathway to becoming net zero by 2040.
