Introducing a stable, simpler fee structure
Over the last months, the GRESB team has reviewed the experience of our Members and Partners in order to improve the value we provide and better serve our growing community.
After carefully considering the many different investment structures and use cases of GRESB, we are introducing a simpler fee structure that streamlines the GRESB experience.
Growing the benchmark is central to our mission because with every new participant, peer comparisons become more useful, scores and ratings become more comprehensive and the quality of the entire dataset improves.
Recognizing this collaborative process, we commit to keeping our annual fees stable for three years for all our Members and Partners.
2021-2023 Annual Fee Schedule for Participant Members
An Assessment participation fee of EUR 4,000 will apply for every submission. This fee remains the same as the fee for a single entity in 2020 and will be fixed for the next three years. For participants with a large number of participating portfolios, the total Assessment participation fee will be capped at EUR 36,000.
The fee covers guidance materials, Helpdesk support, validation and includes access to the Benchmark Report, Data Exporter and Portfolio Analysis Tool. Participants have the flexibility to complete a full Assessment or an individual Assessment Component.
While we will no longer be offering a standard fee discount for first-year participants or those in emerging markets (non-OECD), we do want to ensure that participation in the benchmark remains as inclusive and accessible as possible. That’s why we will be growing our team in emerging markets, as well as strengthening our support so that participants new to GRESB can get started quickly, and with ease. We will also continue to provide a free online training program to all participants in 2021.
We will invoice all GRESB Participant Members on an annual basis, based on the number of participating entities from the previous reporting year. There will still be a one-off payment option per participating entity at the time of Assessment submission.
By implementing these changes, we’ll strengthen our membership base, better meet the needs of our stakeholders, and provide a simpler, more scalable fee structure that better aligns with the value participants receive from the benchmark.
|Assessment participation fee||EUR per Assessment|
|This fee applies to all Assessments|
(i.e. Real Estate, Infrastructure Fund,
2021-2023 Annual Fee Schedule for Investor Members
We will no longer have a tiered fee structure for Investor Members dependent on AuM, but will introduce a simpler, flat fee of EUR 10,000 per dataset for all new Investor Members. Existing Investor Members with a EUR 11,000 subscription will see a reduction in their fees to EUR 10,000. Existing Investor Members, with AuM below EUR 1 billion, currently on a EUR 5,500 subscription, will see no change in their fees in 2021.
|Dataset subscription fee||EUR per dataset
|GRESB offers subscriptions to four ESG datasets:|
Non-listed Real Estate, Listed Real Estate, Non-Listed
Infrastructure and Listed Infrastructure.
2021-2023 Annual Fee Schedule for Partners
Fees have been rounded down from 2020 levels for simplicity, and will remain stable for the years 2021-2023. Partnership is available at three levels – Global Partner, Premier Partner and Partner.
|Partnership fee||EUR per partnership
|Partnership for Real Estate and Infrastructure |
is charged separately
|● Global Partner: EUR 16,000
● Premier Partner: EUR 8,000
● Partner: EUR 4,000