London, 01 November – Arcus Infrastructure Partners (“Arcus”) is proud to celebrate another year of strong results in the 2024 GRESB assessment and benchmarking initiative, with excellent scores achieved at both a fund and asset level. The scoring is a demonstration of Arcus’ deep commitment to ESG, achieved through a disciplined and systematic implementation of targeted ESG initiatives in our portfolio assets, underpinned by our asset management framework.
AEIF2 and Portfolio Assets
Constellation, which was sold by the fund in October 2024, scored 99 out of 100 points, an increase of six-points compared to 2023, and received a 5* rating, up from a 4* rating received in 2023. This compares to a score of 67 out of 100 received in the first year of the company’s participation in GRESB. This result reflects Arcus’ dedication to continuously improving Constellation’s ESG approach over the fund’s ownership and represents the significant change that can be generated by the point of exit.
Peacock ranked first out of 695 assets for the Performance module, with 60 out of 60 points. The asset scored 93 out of 100 points overall.
Other AEIF2 assets performed very well, with Horizon, SMA and Swiss4net all receiving 93 out of 100 points. Momentum received a score of 95 out of 100 points, and the HB and Opus scores increased to 77 and 86 points respectively (both out of 100 points).
AEIF3 and Portfolio Assets
AEIF3’s GRESB score increased by 18 points, from 67 to 85 out of 100 points in 2024, the second year of participation. Workdry’s score improved by 35 points, reflecting many of the initiatives Arcus has implemented with the management team during the last year, scoring 89 out of 100 points. The asset improved from a 1* rating in 2023, to a 3* rating in 2024. Officium and Portus participated for the first time in 2024, scoring solid first year results of 67 and 75 points (out of 100) respectively.
Sector Leader
Once again, Arcus European Trains (the Alpha Trains holding partnership) was named Sector Leader in the Infrastructure Fund category, and ranked first in the Transport Sector, scoring 98 out of 100 points. Alpha Trains also received a Sector Leader Award, scoring 100 out of 100 points, ranking first in the Rail Companies category for the third year in a row.
Arcus’ ESG and external benchmark approach
Given Arcus’ singular focus on investments in infrastructure assets, which are often public or community-facing, sustainability is a key area of focus and an important component of the firm’s investment strategy for all managed funds. We believe that our role as a controlling shareholder is deeply custodial in nature and that a thoughtful and active approach to ESG can have significant societal benefits. Importantly, external benchmarking initiatives, such as GRESB, allow Arcus to track performance year-on-year and hold both our team, and portfolio company management, accountable for the delivery of pre-agreed and budgeted ESG plans.
This year represents the eighth year of Arcus’ commitment to the GRESB assessment for both the firm’s funds and underlying assets, having joined GRESB in 2017. All investee companies have been assessed over this period. Arcus is also a member of the GRESB Infrastructure Standards Committee, having joined in October 2018. As best practice in ESG management continues to rapidly evolve, Arcus works hard to uphold the high standards already set and is continuously assessing where further improvements can be made.
For any queries, or if Limited Partners would like to receive a summary of the GRESB benchmark report, please contact the Arcus IR team at investor.relations@arcusip.com.
About GRESB
GRESB is a mission-driven and industry-led organization providing standardized and validated Environmental, Social, and Governance (ESG) data to financial markets. Established in 2009, GRESB has become the leading ESG benchmark for real estate and infrastructure investments across the world, used by 150 institutional and financial investors to inform decision-making. For more information, visit GRESB.com.
