Montea is a stock-listed developing investor in logistics real estate. Their sustainability manager approached Quest because Montea wanted to publish its first impact report and they needed someone to help them create a sound reporting framework. We accepted the challenge because we saw a very strong ambition and long-term strategy focused on driving real positive change.
For us, writing an impact report is more about pushing our customers to be as transparent and to-the-point as possible than it is about the actual writing. We build a solid structure for the report, taking into account reporting frameworks like GRI and EPRA. The results:
- Montea’s GRESB score more than doubled from 32 to 69
- They won an EPRA sBPR Silver Award
- Bank Degroof Petercam praised Montea’s sustainability efforts and transparent communications in their report on the logistics sector:
Even if sustainability reporting is becoming a standard in the industry, we observe huge differences in the quality and transparency of companies’ communication. We lack quantified targets and detailed action plans for some players. Although this can be explained by the size of the structures, efforts still need to be made. Especially, most companies lack a tangible action plan clearly stating the way forward. Our view is that Montea stands out in that regard.
– Real Estate Sector Note: Logistics, Bank Degroof Petercam