We are pleased to announce that IMMOFINANZ has been honoured as the 'Rising Star of the Year' at the Austrian Financial Communications Awards (AFCA) during the annual CIRA conference on 11th October in Vienna. This achievement places us among the top 10 in the industry.
The AFCA, established in 2016, sets the standard for best practices in capital market communication in Austria. This award recognizes outstanding achievements and innovations in financial communication. We are delighted to receive the "Rising Star of the Year" award and consider it an incentive for further improvements in our sustainability communication.
The AFCA completes our series of accolades in 2023. This year, we were also honoured with the "EPRA Sustainability Best Practices Recommendations Gold" for our non-financial reporting. In an update of the Sustainalytics rating, we were able to once again reaffirm our risk assessment. The overall ESG risk assessment was categorised as low and showed another improvement for the fiscal year 2022, dropping to 12.5 – compared to 13.1 for 2021 and 15.6 for 2020 (on a scale of 0 to 100). These recognitions underscore that IMMOFINANZ has successfully integrated sustainability and transparency into its corporate practices.