Vicinity Centres
Industry Group: Real Estate
Country/Region: Australia
Identifier: ASX:VCX
Vicinity Centres was created after the merger of Federation Centres and Novion in June 2015, creating one of Australia's largest retail REITs. Its directly and indirectly owned assets have a book value of about AUD 15 billion at the end of June 2024. The assets are skewed to large, high-end shopping centers, with about half in major regional malls, a fifth in subregional, 15% in CBD locations, and about 15% in outlet centers.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Real Estate 16 out of 1009
Universe
Global Universe 49 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Covivio SA |
5
Negligible
|
4 out of 1009 |
| Vicinity Centres |
7
Negligible
|
16 out of 1009 |
| MERLIN Properties SOCIMI SA |
8.7
Negligible
|
52 out of 1009 |
| STAG Industrial, Inc. |
13.8
Low
|
271 out of 1009 |
| Healthcare Realty Trust, Inc. |
17.7
Low
|
540 out of 1009 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Vicinity Centres
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Vicinity Centres's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
