Aberdeen Asset Management Plc is a global investment management group, managing assets for both institutional and retail clients from offices around the world. The group manages USD 40 billion (at February 28, 2014) of property assets across Europe, Asia and North America. Its mission is to deliver strong fund performance across diverse asset classes in which the group has a sustainable competitive edge. It is committed to responsible investment and to delivering more sustainable properties coupled with sound investment returns.
Australand is one of Australia’s leading diversified property groups. Sustainability is at the heart of the group’s operations and covers a wide range of topics from energy and water efficiency, waste management to urban planning, sustainable construction and fostering the local community.
Bentall Kennedy is one of North America's largest real estate investment advisors. The company serves the interests of more than 500 clients across 145 million square feet of office, retail, industrial, and residential properties throughout North America. As a leader in Responsible Property Investing, Bentall Kennedy is committed to best-in-class environmental, social and governance practices in developing, leasing and managing commercial real estate.
Bouwfonds Investment Management is the real asset investment management division of Rabo Real Estate Group, one of Europe’s leading real estate companies. Bouwfonds’ investment philosophy is based on dedicated teams, responsible investing, standardized processes and integrated risk management. Its guiding principle for investing and managing real estate and infrastructure sustainably is to find the right balance between economic, social and environmental aspects.
Corio is a European retail property company with a strong commitment to corporate social responsibility. It is committed to integrating sustainability into its operations and measures a broad range of sustainability indicators for its centres. To find out more about Corio’s approach, visit its dedicated CSR website.
The Dutch Green Building Council has joined GRESB as a Partner. A network organization for real estate and sustainability, the DGBC’s mission is to bring sustainability to the Dutch real estate market.
Invesco is one of the largest asset management companies in the world, managing USD 778.7 billion globally, of which USD 55.7 billion is invested in real estate. Invesco is committed to responsible corporate citizenship of which environmental management forms an important part. You can read more about Invesco’s approach here.
GRESB looks forward to working with all its new members.
In 2013, 550 property companies and funds participated in the GRESB Survey, managing USD 1.6 trillion in value. The database covers 49,000 assets in 46 countries and is actively used by more than 100 institutional investors, fund managers and property companies managing USD 6.1 trillion in assets.
This is the fifth year that GRESB will undertake its annual benchmarking process. Since it began collecting sustainability data in 2009, GRESB has seen rapid development in the real estate sector’s reporting on environmental, social and governance (ESG) issues. Following pressure from investors, regulators and building occupants, the real estate industry has started to look more closely at sustainability issues, with many property companies and fund managers integrating sustainability into their overall business strategy. The pension funds (and their fiduciaries) that use GRESB data are increasingly scrutinizing the quality of sustainability disclosure. They want credible, quantitative data, based on relevant metrics that they can use in their investment decision-making process.
The 2014 GRESB benchmark is aligned with other globally recognized reporting frameworks such as the Global Reporting Initiative (GRI), the Principles for Responsible Investment (PRI) and the Dow Jones Sustainability Index (DJSI). GRESB examines sustainability-related strategies, policies and objectives, actions to implement those policies and to reach defined objectives. It measures environmental performance data regarding energy and water consumption, GHG emissions and waste and investigates the use of voluntary standards and certification schemes and compliance with mandatory regulations.
Useful Tools: Webinar, Participant Guide, and Data Portal.
This year, GRESB has launched a new online data collection platform. The system is fully integrated with its online benchmark results platform and has been designed to make the data input process as smooth as possible. GRESB now operates a unified system for the entire data collection, analysis and benchmark results process.The following are useful tools for property companies and fund managers participating in the 2014 GRESB Survey:
The Participant Guide explains GRESB’s mission and background, as well as the practicalities of submitting a Survey response;
GRESB hosted two webinars to briefly explain the Survey process and to highlight the changes in the Survey as compared to 2013. You can view the recorded webinar here.
GRESB’s data collection portal remains open for three months from April 1 until July 1. Click here to contact the GRESB team with enquiries about the 2014 benchmark.
The Global Real Estate Sustainability Benchmark (GRESB) is an industry-driven organization committed to assessing the sustainability performance of real estate portfolios (public, private and direct) around the globe. The dynamic benchmark is used by institutional investors to engage with their investments to improve the sustainability performance of their investment portfolio, and the global property sector.