The GRESB Report 2011 is out now!
At the request of a global consortium of institutional investors, 340 of the worldʼs largest property funds have disclosed detailed data on the environmental performance of their portfolio. A report launched today shows that reporting on environmental metrics has improved substantially. Frontrunners in the commercial property sector reduced their energy consumption by three percent in 2010.
More than 340 property funds and companies, with real estate assets worth nearly US$1 trillion, have responded to a call for action by the GRESB Foundation, which is backed by US$1.7 trillion in institutional capital, to disclose information on environmental management and performance.
Download the GRESB Report 2011 or click on the report below to read about the results online.
The assets covered by the 2011 GRESB survey illustrate that the scope of the commercial property sector is large by all standards: on aggregate, the respondents manage approximately US$ 928 billion in commercial real estate assets, with an estimated aggregate emission of 34 million tons of carbon per year (the equivalent of 6 million cars on the road in a year).
To provide respondents with information on their environmental performance, the collected data is graphically represented in an online scorecard, in which companies and funds can observe their relative performance against peers. GRESB members can use this information as a basis for an informed and meaningful dialogue with the funds managing their real estate allocations. For institutional investors with direct property allocations, the scorecard provides insight into the performance of their portfolio as well.
GRESB in the press
2013 GRESB Survey Results Press CoverageNovember 28, 2013
You can view a selection of the articles here:
NAREIT Names 2013 Leader in the Light Award WinnersNovember 15, 2013
The National Association of Real Estate Investment Trusts (NAREIT) today announced the winners of its annual Leader in the Light Awards, which honor NAREIT member companies that have demonstrated superior and sustained
energy use practices.
U.S. REITs Making Headway on SustainabilitySeptember 24, 2013
Nils Kok, co-founder and director with Global Real Estate Sustainability Benchmark (GRESB), joined REIT.com for a video interview at NAREIT’s headquarters in Washington.
Cultivating Green DataJuly 26, 2013
REIT Magazine July 2013. To access the article click here
Bringing Benchmarking to the C-SuiteJune 21, 2013
National Real Estate Investor, July 2013. To access the article click here
Benchmarking on trackJune 19, 2013
IP Real Estate Magazine May/June 2013. GRESB has launched its latest survey on sustainability performance in the real estate sector. Philippa Shire and Elsbeth Quispel explain.
To access the article click here.
Green Leases Go MainstreamJune 10, 2013
Property EU Magazine, June 2013. GRESB’s Head of Sustainability Elsbeth Quispel contributes to an article about the implementation of green leases.
Click here to view the article.
REIT.com Commercial Real Estate Sustainability Progressing in the United StatesApril 2, 2013