In October 2021, Cureus received an ESG Risk Rating by Sustainalytics and was assessed to be at Low risk of experiencing material financial impacts from ESG factors
Hamburg, 16 November 2021. The rating, research and data firm Sustainalytics has assessed Cureus to be at low risk of experiencing material financial impacts from ESG factors in its initial rating. Cureus is an integrated property company for care properties in Germany, which develops properties for its own portfolio. Specifically, in the assessment of its first fiscal year 2020, the company achieved an ESG Risk Rating of 12.2 points according to Sustainalytics' ESG assessment scheme, which runs up to 100 points, and thus falls into the "low risk" category. The abbreviation ESG here stands for the subject areas of environmental, social and governance, and the report was issued on 13 October 2021. The still young company Cureus is thus in the top ten percent worldwide in the "real estate" industry. In the subcategory "real estate management", it was able to reach the top 20.
With the assessment by Sustainalytics, Cureus continues its transparency efforts with regard to the fulfillment of sustainable criteria in relation to its business activities. The company already published its first sustainability report in the summer of 2021 (download here).
"We are very pleased that we have already been assessed as having such a low ESG risk in our first assessment by the independent experts at Sustainalytics," said a delighted Gerald Klinck, Chief Financial Officer (CFO) of Cureus. "This result motivates us to further advance Cureus' already comprehensive ESG efforts and steadily integrate them into our business model and approach for system care homes."
Sustainalytics' ESG Risk Rating provides clear insights into ESG risk at the corporate level by measuring the extent of an organization's unmanaged ESG risk. To do this, it rates the ESG performance of more than 14,500 companies on a risk scale from negligible to severe. The ESG Risk Ratings of all rated companies can be viewed here, filtered by industry: https://www.sustainalytics.com/esg-rating.
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