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Cureus GmbH: 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

·4-min read

DGAP-News: Cureus GmbH / Key word(s): Real Estate/Sustainability
16.11.2021 / 07:00
The issuer is solely responsible for the content of this announcement.

Press Release

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.


Image & Download

Image title:
Gerald Klinck (CFO), Cureus
.Download here.
Copyright: Heribert Schindler

Responsibility and Transparency - Sustainability Report 2020
.Download here.

 

Media contact

Christoph Wilhelm
Corporate Communications

Cureus GmbH

T +49 171 56 86 575
E cw@cureus.de
W www.cureus.de

 

About Cureus GmbH

Cureus GmbH is based in Hamburg and is an integrated property company in the German care home sector with more than 15 years of experience and a team of c. 130 employees developing properties for the portfolio managed by Cureus.

With the "system care home" - recently named as "Outstanding Innovation" by the industry association ZIA - Cureus has developed an innovative new standard for full inpatient care and assisted living facilities, which can be implemented as a scalable, location-agnostic solution. Aligned to both current legislative requirements and the needs of operators, residents and local authorities, the senior residences and care homes developed by Cureus GmbH establish new, uniform standards and represent a highly efficient product that combines greater cost effectiveness in care with improved quality of living and service.

The company's care home portfolio consists as at September 2021 of 40 leased properties with 3,901 care places and 237 assisted living units. In addition, Cureus currently has 35 projects under construction and 62 secured projects scheduled for completion by 2025, which will add an additional c. 7,060 care places and 1,677 assisted living units to the portfolio. www.cureus.de

Copyright(c) 2021 Sustainalytics. All rights reserved. This release contains information developed by Sustainalytics. Such information and data are proprietary of Sustainalytics and/or its third party suppliers (Third Party Data) and are provided for informational purposes only. They do not constitute an endorsement of any product or project, nor an investment advice and are not warranted to be complete, timely, accurate or suitable for a particular purpose. Their use is subject to conditions available here.


16.11.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

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