Aegis Asset Management Ranks No.1 in Asia for Global ESG Office Evaluation

Aegis Asset Management ranked first in the ‘Asia Office’ category in the global ESG (Environmental, Social, and Governance) evaluation. Since 2017, it has been recognized for the best eco-friendly performance in Asia through consistent ESG assessments.

Aegis Asset Management announced on the 14th that the fund managing Autoway Tower (Daechi-dong, Gangnam-gu, Seoul) received the highest rating of ‘5 Star’ for seven consecutive years in the GRESB evaluation, an international ESG assessment organization.

GRESB is an international organization that annually evaluates and publishes the sustainability of real assets such as real estate and infrastructure. In 2023, over 2,000 entities including real estate leasing companies, REITs, funds, and developers participated, providing ESG information on assets totaling $7.2 trillion.

Aegis Asset Management has been receiving the GRESB evaluation annually since 2017 for the fund with Autoway Tower as the underlying asset. This year, it achieved a record high score of 97 out of 100 in the sustainability assessment. It ranked first in the Asia Office GRESB scores, significantly surpassing the average score of 74 for GRESB evaluation targets. This marks the seventh consecutive year of receiving the highest rating.

Additionally, funds including Twin Tree Tower (Jung-hak-dong, Jongno-gu, Seoul), Signature Tower (Supyo-dong, Jung-gu, Seoul), and Centerfield (Yeoksam-dong, Gangnam-gu, Seoul) also earned the GRESB 5 Star rating for two consecutive years, following last year.

Aegis Asset Management is a pioneer in the domestic asset management industry in setting goals to reduce energy and water usage as well as greenhouse gas emissions from assets while managing funds. It continuously adopts various eco-friendly facilities and technologies and monitors environmental performance.

An Aegis Asset Management representative stated, "Since 2017, we have consistently undergone GRESB evaluations, and the Autoway Tower fund has achieved the highest score among Asia offices, a remarkable accomplishment. We will continue to operate urban real estate assets in an eco-friendly manner and pursue sustainable growth."