Lisbon, December 23rd 2009

In the 5th edition of the "ACGE Sectorial Index 2009"

Sonae Sierra leads Corporate Climate Responsibility ranking for the 4th time

  

  • Sonae Sierra ranked 1st among 50 companies analyzed
  • The company has its environmental management system certified since 2005, and 19 certified centres in Portugal
  • Second environmental distinction in 2009

 

Sonae Sierra is, for the fourth time in the study's five years of existence, the leader of the "Corporate Climate Responsibility: ACGE Sectorial Index 2009" ranking, published by "Euronatura - Centre for Environmental Laws and Sustained Development", reinforcing the national and international acknowledgment of the Company in the Sustainability area.

To reach this position, the results achieved in terms of administrative structure, supervision of environmental issues, environmental management and audits, dissemination of climate changes and inventory of greenhouse effect gases were decisive.

In its 5th edition, the "Corporate Climate Responsibility: ACGE Sextor Index 2009" ranking evaluates the performance of about 50 companies which, as a whole, represent the financial, transport and energy sector, and are committed to fighting the climate change phenomenon.

The Index allows the comparison of the results of management policies of the different companies, from a perspective of competitiveness and improvement of environmental performance, and assumes a dimension of public awareness and information.

Environmental acknowledgement

Sonae Sierra's strong commitment to the sustainability area has been widely acknowledged internationally. In 2009, the company was distinguished at the "Sustainable Energy Europe Awards" (SEE), an initiative of the European Commission, aimed at rewarding the best and most innovative programs in terms of energetic sustainability at a European level. This distinction, in the "Market Transformation" category, acknowledges the company's innovation in the energetic sustainability area, through the implementation of the pioneer "green centre" concept in the development and management of its centres.

In 2008, Sonae Sierra had already been distinguished with the "Green Thinker Award", from Expo Real and Dutch magazine PropertyEU, acknowledging Sierra's pioneer attitude in this subject, and labelling the company as the "most sustainable developer in Europe", in the real estate sector.           

About Sonae Sierra

 

Sonae Sierra, http://www.sonaesierra.com/, is an international shopping centre specialist, with a passion for bringing innovation and excitement to the shopping centre industry. The Company owns 52 Shopping Centres in Portugal, Spain, Italy, Germany, Greece, Romania and Brazil, with a total Gross Lettable Area (GLA) of more than 2 million m2. Currently, Sonae Sierra has 2 projects under construction and 10 new projects in different phases of completion in Portugal, Italy, Germany, Greece, Romania and Brazil. In 2008 our Shopping Centres had more than 429 million visits.