Abu Dhabi – Mubasher: Aldar Properties entered the top quartile of MSCI ESG Rating, ranking among global real estate companies after securing an upgrade to ‘A’ rating in the latest assessment, according to a press release.

The rating aligns with the company’s continued progress in strengthening its environmental, social, and governance practices across its operations, in line with global sustainability standards.

Faisal Falaknaz, Group Chief Financial and Sustainability Officer at Aldar, said: “Achieving an ‘A’ rating from MSCI is a strong endorsement of our actions and a motivating step to advance our position within the top quartile of our sector globally.”

The MSCI upgrade adds to Aldar’s strong performance across a wide range of indices and ratings.

In 2024, Aldar ranked first on the S&P Dow Jones Sustainability Index in the regional real estate sector and recorded a ‘low risk’ ESG Risk Score of 15.75 from Sustainalytics, outperforming the peer average.

Last year, the group’s low-carbon design led to a 34% reduction in average energy use intensity, while separately achieving a 24% cut in scope 1 and a 19% reduction in scope 2 emissions.

Aldar contributed AED 18 million in community investment during the same year, and its employees delivered over 3,300 volunteering hours.

Supporting the local economy, the ADX-listed real estate developer reinvested AED 10 billion as part of the national In-county value program.

Aldar became the first developer in the MENA region to implement hydrogen-based steel rebar in a development project, supplied by EMSTEEL Building Materials.