2021-2023 GRESB Annual Fee Schedule

Participant Members | Investor Members | Partners

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, Infrastructure Asset)	EUR 4,000

Assessment participation fee will remain stable for the years 2021-2023.
A temporary fee cap of EUR 36,000 per asset class (i.e. Real Estate, Infrastructure) will apply in 2021 for participants with a large number of participating portfolios/assets.
All Participant Members will be invoiced on an annual basis, based on the number of participating entities from the previous reporting year. If they participate with more entities than covered by their annual invoice, they will receive a second invoice to adjust for this.
The fees apply to all reporting organizations, including non-OECD and first-year participants.
There will still be a one-off payment option per participating entity at the time of Assessment submission.
Response Checks, Results Reviews, Customized Benchmark Reports, Review Period and other related services continue to be offered à la carte.

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.	EUR 10,000

The dataset subscription fee will remain stable for the years 2021-2023.
Each dataset is charged separately, with no longer any discounts for multiple datasets.
The fee for the Listed Infrastructure dataset is waived in 2021.
Current Investor Members with AuM below EUR 1 billion, on a EUR 5,500 subscription, will see no change in their fees in 2021. Current Investor Members with a EUR 11,000 subscription will see a reduction in their fees to EUR 10,000.

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

The partnership fee will remain stable for the years 2021-2023.