Funds with ≥25% asset participation also receive an overall GRESB Score. The 2017 GRESB Score in the Fund Assessment increased by 55% to 51, signalling not only improved performance but increased asset coverage as well.
However, improvement can be made to encompass all three elements of E, S and G in data collection processes, which is current practice for only 41% of participants.
While ESG communication largely increased in 2017, there is still room for improvement. Furthermore, third-party review of ESG disclosures, a practice supporting data integrity and investor confidence, is still not widely implemented (22% funds).
All GRESB investors in the survey have confidence in the ability of managers to meet their ESG disclosure requirements. While most still value transparency above performance, 35% set specific targets in terms of GRESB performance. When asked for their single biggest challenge in accurately managing the sustainability risks of their investment portfolios, over half mentioned data quality and portfolio coverage.
Infrastructure Sector Leaders
|Fund||AMP Capital Diversified Infrastructure Trust|
|Telecommunication||AXION Infraestructuras de Telecomunicaciones S.A.U.|
|Energy, transmission, distribution and storage||Powerco Limited|
|Energy Generation - Renewable generation, utility scale||Collgar Wind Farm|
|Energy Generation - Renewable generation, distributed||EnBW Baltic 2 S.C.S.|
|Energy Generation - non-renewables||TransAlta Corporation|
|Airports||Adelaide Airport Ltd.|
|Ports||Forth Ports Limited|
|Toll Road Operations||Transurban Limited|
|Water Systems||Kemble Water Holdings Ltd|