Divercity earns IFC EDGE Champion recognition
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- 13 September 2023
Divercity Urban Property Group has received the EDGE Champion recognition from IFC, the private sector arm of the World Bank Group as part of its commitment to certify 100% of its portfolio with the EDGE certification.
Divercity is committed to partnering with IFC to foster the decarbonisation of the built environment in South Africa
An innovation of IFC, EDGE is an online platform, a green building standard and a certification system available in more than 150 countries. EDGE was created in response to the need for a measurable solution to prove the financial case for building green and help jumpstart the mainstreaming of green buildings. EDGE empowers building professionals to quickly and easily determine the most cost-effective ways to build green based on occupant behaviour, building type and the local climate.
As an EDGE Champion, Divercity has shown a remarkable commitment to reshaping the affordable housing market through sustainable practices. Following their EDGE certified projects in Johannesburg, Divercity plans to build an additional 3,000 EDGE certified units in South Africa over the next three years.
Carel Kleynhans, CEO of Divercity Urban Property Group, says, “Divercity is dedicated to creating mixed-use precincts that enhance urban living, with a focus on sustainability and inclusivity. It is our aim to transform South Africa’s cities by providing affordable and high-quality rental accommodation options that embody urban excellence, environmental sustainability and contribute to societal good.”
He adds, “Becoming an Edge Champion and certifying with Edge gives credence to our unequivocal commitment to carbon reduction.”