Your World of Legal Intelligence
 United Kingdom | +44 (0) 20 7284 8080

Vertical Bridge Becomes Carbon Neutral Certified.

Document Cited in Related
Vincent

INTERNET BUSINESS NEWS-(C)1995-2020 M2 COMMUNICATIONS

Colony Capital, Inc., (NYSE: CLNY), a global investment management firm, has announced that Vertical Bridge REIT, LLC , a portfolio company of Digital Colony, has reached its goal of becoming 100% carbon neutral, the company said.

This milestone marks Vertical Bridge's unprecedented step in the communications infrastructure sector, as it is the first telecommunications tower company in the world to reach net zero emissions. With this accomplishment, Vertical Bridge is now officially a certified CarbonNeutral[R] company in accordance with The CarbonNeutral Protocol, the global framework for carbon neutrality. This was achieved by Vertical Bridge undertaking thorough assessments of its carbon footprint in partnership with Natural Capital Partners, experts on carbon neutrality and climate finance.

Vertical Bridge's carbon-neutral certification further highlights Colony Capital's dedication to environmental, social and governance ("ESG") initiatives at both the Company and asset level. Additionally, Colony Capital recently became a signatory to the United Nations Principles for Responsible Investment ("PRI"), holding the Company accountable for working directly with its portfolio companies to advance ESG performance and providing a framework for integrating ESG principles into ownership practices and investment processes.

Colony Capital, Inc. (NYSE: CLNY) is a global investment firm with a heritage of identifying and capitalizing on key...

To continue reading

Request your trial
COPYRIGHT Normans Media Ltd.

VLEX uses login cookies to provide you with a better browsing experience. If you click on 'Accept' or continue browsing this site we consider that you accept our cookie policy. ACCEPT