• Zerin Habitat is a Global ESG Benchmark for Real Assets (GRESB) partner that provides a range of services, from assisting participants with their ESG strategy to helping them complete the GRESB assessment.

KUALA LUMPUR (Aug 8): Property consultancy firm Zerin Properties and Habitat Builders Sdn Bhd on Monday (Aug 8) announced their joint venture in Zerin Habitat Sdn Bhd to venture into the environmental, social and governance (ESG) rating and consultancy sector.

According to a press statement, Zerin Habitat is a Global ESG Benchmark for Real Assets (GRESB) partner that provides a range of services, from assisting participants with their ESG strategy to helping them complete the GRESB assessment.

"To avoid the worst impacts of climate change, the international community has set a goal of reaching net-zero emissions by 2050. As governments, cities and individual companies plan for the future, it’s clear that transitioning to a sustainable world is a challenge that we must face together," said Zerin Habitat chairman Previndran Singhe.

The GRESB is a mission-driven and industry-led organisation that provides actionable and transparent ESG data to financial markets. It collects, validates, scores and benchmarks ESG data to provide business intelligence, engagement tools and regulatory reporting solutions for investors, asset managers and the wider industry.

"We are ready to serve the real estate and infrastructure community in Malaysia with a consistent framework to measure the ESG performance of individual assets and portfolios based on reported data," said Zerin Habitat executive director Rohen Chelliah.

According to the statement, GRESB performance assessments are guided by what investors and the wider industry consider to be material issues, and they are aligned with the Sustainable Development Goals, the Paris Climate Agreement and major international reporting frameworks.

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