GRESB is an investor-driven organization committed to assessing the environmental, social and governance (ESG) performance of real assets globally, including real estate portfolios, real estate debt and infrastructure.
GRESB’s objective is to provide real assets investors and managers with the tools they need to accurately monitor and manage sustainability performance of participating funds and companies, and to prepare for increasingly rigorous ESG obligations.
Institutional investors 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.
Since 2009, many real estate investors have come to see GRESB participation as a sign of a fundamental commitment to ESG performance. They know that they can access information about GRESB participants and recognize that participants have taken a significant step toward leadership on ESG issues. In 2015, GRESB began applying similar methodology and benchmarking to enable institutional investors to extend ESG integration to their real estate debt investments, and in 2016 to infrastructure investments.
GRESB results help investors understand the sustainability related strengths and weaknesses of their investments. Similarly, participating companies and funds can use the information to identify specific opportunities for improvement. In both cases, GRESB’s information provides both absolute and relative measures of performance, including key performance metrics such as greenhouse gas emissions and rankings within peer groups. This information supports engagement with critical stakeholders, communicating strengths to external audiences and highlighting relative weaknesses to operational teams.
GRESB Real Estate Assessment
GRESB collects data at the portfolio level for listed property companies, private property funds and developers, and investors that invest directly in real estate. The GRESB Real Estate Assessment is applicable across regions and property types.
GRESB Developer Assessment
GRESB provides the Developer Assessment, which is a stand-alone assessment for companies and fund managers that focus on development activities, rather than the management of standing investments.
GRESB Debt Assessment
The GRESB Debt Assessment is open for participation to real estate lenders—private and public, traditional and alternative—including, but not limited to, real estate finance units of banks, insurance companies, pension funds, and sovereign wealth funds, as well as private equity real estate debt funds and mortgage REITs.
GRESB collects data at the asset and fund level for infrastructure fund managers, operators and assets, and investors that invest directly in infrastructure. The GRESB Infrastructure Assessment is applicable across regions and sectors.
Data is submitted to GRESB through a secure online platform. GRESB benchmark scores are not made public. The only entities that may access a participant’s benchmark results are:
- Participant’s own organization;
- GRESB investor members that are investors in a participant’s fund/organization.
No other third party will see these results. GRESB investor members must request access to a participant’s benchmark results, allowing the participant the control to either accept or deny this request.
First-time participants in the GRESB assessments are eligible to request to participate on a confidential basis in the first year.
GRESB offers participants reporting for the first time the option to not disclose their first year assessment results to their investors. This grace period allows companies and funds a one year period to familiarize themselves with the GRESB reporting and assessment process, without externally disclosing their results to GRESB’s investor members.
Grace period participant names are disclosed to GRESB Investor Members. However, Investor Members are not able to request access to grace period participants’ results. Grace period participants can use the Scorecard and Benchmark Report to identify opportunities to improve their performance for next year’s assessment. To participate, select the grace period option when registering for the assessment.
You can indeed participate and use the GRESB assessments as a starting point to assess where your assets/funds stand relative to peers, to understand what action needs to be taken and to stay abreast of industry developments. Individual scores are not communicated to third parties, other than to your investors that are GRESB members.
Yes, it is possible, and a separate assessment should be submitted for each asset or fund. First, register as an individual via the GRESB Portal. Once you have registered, you will be able to add individual assets and funds to the GRESB Portal and complete a GRESB assessment on behalf of each of those entities.
GRESB membership is open to real estate investors and banks, property companies and fund managers, infrastructure investors, infrastructure funds and operators. Advisors and consultants working with assessment participants and/or their investors can join GRESB as a partner. Learn more about membership, or contact us at email@example.com.
Contact us at firstname.lastname@example.org or call +31(0)207740220.