Lightpath Announces GRESB Score of 96 and 5-Star Rating
Lightpath has achieved a remarkable score of 96 and a 5-Star Rating in the 2022 GRESB Infrastructure Asset Benchmark Report, ranking first among private data transmission companies in the Americas.
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Rhea-AI Summary
Lightpath has achieved a remarkable score of 96 and a 5-Star Rating in the 2022 GRESB Infrastructure Asset Benchmark Report, ranking first among private data transmission companies in the Americas. This score is significantly above the industry average of 79. The GRESB assessment evaluates environmental, social, and governance (ESG) performance, and Lightpath's score underscores its commitment to these objectives. CEO Chris Morley stated that the company will continue to prioritize ESG initiatives, benefiting both the organization and the wider community.
Positive
- Achieved a score of 96 in the 2022 GRESB report, ranking first among private data transmission companies in the Americas.
- Received a 5-Star Rating, indicating exceptional performance in ESG practices.
- The score is significantly higher than the average score of 79 among all participants.
Negative
- None.
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Score Places Lightpath First in its Peer Group in the Americas
NEW YORK, Nov. 16, 2022 /PRNewswire/ -- Lightpath, an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, received a 5-Star Rating and a score of 96 on the 2022 GRESB Infrastructure Asset Benchmark Report. The score placed Lightpath first among all participating private data transmission companies in the data infrastructure sector in the Americas.
GRESB (the Global Real Estate Sustainability Benchmark) provides a rigorous methodology and consistent framework to measure the environmental, social, and governance (ESG) management and performance of real assets and portfolios based on self-reported data and peer benchmarking. Each year, GRESB assesses and benchmarks the ESG performance of infrastructure assets worldwide and monitors the sector's progress towards global sustainability goals. GRESB Assessments are guided by what investors and the industry consider to be material issues in the sustainability performance of real asset investments and are aligned with international reporting frameworks such as GRI and PRI.
In the 2022 report, Lightpath achieved a GRESB score of 96 out of a possible 100. The average GRESB score among all participants was 79.
"Lightpath's initial GRESB assessment and score of 96 represents the importance that our Board and our management team place on ESG objectives. We intend to continue our efforts in the areas of ESG which we believe will not only benefit our company, but also the communities in which we operate and, of course, hopefully the Earth," said Chris Morley, CEO of Lightpath.
Follow Lightpath on LinkedIn. For more information about Lightpath, visit lightpathfiber.com.
Lightpath is revolutionizing how customers connect to their digital destinations by combining our next-generation network with our next-generation customer service. Lightpath's advanced fiber-optic network offers a comprehensive portfolio of custom-engineered connectivity solutions with unparalleled performance, reliability, and security. Our consultative customer service means we work with you to design, deliver, and support the solution for your unique needs, faster and more easily than ever before. For over 30 years, thousands of enterprises, governments, and educators have trusted Lightpath to power their organization's innovation. Altice USA (NYSE: ATUS) owns a
Learn how Lightpath can connect you to your digital destinations: www.lightpathfiber.com
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