With the ever-rising demand to build more homes and create more communities, are we in danger of creating socially dysfunctional environments? Health and social aspects of sustainability have now the same weight as the environmental aspects when it comes to building new cities and communities. On the other hand, recent years have seen a rise in public’s awareness of placemaking, social equity, and liveable cities, while globally urban activists and action groups advocate social sustainability. [Read more…]
Resilience was the theme of the recent GRESB – Siemens Sustainable Assets Conference at the Crystal in London. It was an opportunity to hear a range of speakers on many aspects of resilience, what it is and why it is important and to understand the opportunities and risks it has for investors and operators. There was also an opportunity to hear about case studies and learn more from innovators in the field. [Read more…]
Seamlessly add your BREEAM asset certification to the GRESB Asset-level Portal
BRE and GRESB have teamed up to introduce new efficiencies for reporting Green Building Certifications to the GRESB Real Estate Assessment. The collaboration sees the integration of the BREEAM Application Programming Interface (API) within the GRESB Portal. The API link enables you to locate, select and match valid BREEAM certificate entries to the specific assets within your GRESB portfolio(s), thus providing another layer of transparency to your GRESB reporting.
Within the GRESB Portal, GRESB Participants can link Building Certifications via the ‘Certification’ tab within the Asset Portal. Based on the information provided, the Asset Portal searches BREEAM’s certification database for certified assets in close proximity to the given address. A list of certified assets is then displayed for the user/participant to select the correct certificate associated to the building in question.
Figure 1 & 2 | Example of SFL certification linkage within the GRESB Asset Portal.
This process enhances your asset-level reporting and helps to outline which assets have received a ‘Green Building Certification’. As a GRESB Participant you will be able to demonstrate the assets within your portfolio(s) holding a valid BREEAM certification.
The ease and convenience will improve the reporting process to the GRESB Real Estate Assessment and will help to move towards a more automated process in the future.
This new functionality will be live for the GRESB 2018 reporting period and marks the first step in connecting GRESB to the BREEAM certification dataset. Further functionality will be added over time.
There is a strong synergy between GRESB as a portfolio-based reporting tool and BREEAM as an asset-based reporting and certification methodology. BREEAM and GRESB’s long-term aim is to increase the efficiency of the data reporting and provide clients with an effective means of identifying and improving sustainability performance
To help us to continue to improve reporting efficiencies between BREEAM & GRESB, we want to understand your user experience. If you utilise this new functionality in your GRESB reporting, please provide us with feedback by using the contact details below.
Please note, the selection of a valid BREEAM certificate in the GRESB Real Estate Assessment Portal does not constitute total verification/validation by BRE or GRESB that the asset in question is fully certified for the duration of the GRESB Assessment cycle.
As a Participant, you will only be able to select BREEAM certificates which have been issued for BREEAM 2008 schemes onwards.
BREEAM is the world’s leading sustainability assessment method for masterplanning projects, infrastructure and buildings. It recognises and reflects the value in higher performing assets across the built environment lifecycle, from new construction to in-use and refurbishment. BREEAM does this through third party certification of the assessment of an asset’s environmental, social and economic sustainability performance, using standards developed by BRE. This means BREEAM-rated developments are more sustainable environments that enhance the well-being of the people who live and work in them, help protect natural resources and make for more attractive property investments.
For the second year, GRESB and BREEAM are partnering to recognise responsible real estate investment, as part of the annual BREEAM Awards.
GRESB is the international membership organisation that assesses the sustainability performance of real asset sector portfolios and assets. It provides its members with data, scorecards, benchmark reports and portfolio analysis tools.
Members receive comparative business intelligence on where they stand against their peers, a roadmap with the actions they can take to improve their sustainability performance and a communication platform to engage with investors. Investors use data and GRESB’s analytical tools to improve the sustainability performance of their investment portfolio, engage with investment managers and prepare for increasingly rigorous obligations. In 2017, 850 property companies and funds, jointly representing more than USD 3.7 trillion in assets under management, participated in the GRESB Real Estate Assessment.The categories and shortlists for this year are:
Large Portfolio, more than 1 billion Euro GAV (Gross Asset Value)
- Altarea Cogedim
- CBRE Dutch Office Fund
- Credit Suisse Real Estate Fund Green Property
- Credit Suisse Real Estate Fund SIAT
- Société Foncière Lyonnaise (SFL)
Small Portfolio, less than 1 billion Euro GAV
- Cromwell Netherlands Diversified Partnership
- Neinver IRUS European Retail Property Fund
- OREIMA – FOSCA II
- Spitfire Joint Venture
- SPP Fastigheter AB
The shortlists in the large and small portfolio categories are drawn from GRESB members who have the highest number of assets with sustainable building certification, based on percentage coverage and total number of assets. This is subject to a minimum of at least 75% of the portfolio holding sustainable building certification. The final decision on the winner in each category will be made by the GRESB Management Team and members of GRESB’s Real Estate Advisory Board.
A third category, for Individual Leadership recognises individuals who have demonstrated strong leadership and commitment in the field of sustainable development, and personally championed the cause of responsible real estate investment. The final winner in this category will be decided by a public vote. The shortlist for 2018 is:
- Pieter Roozenboom, CBRE
Pieter is a central figure in CBRE’s drive for sustainable building certification throughout its portfolio. CBRE, as a manager and investor, are one of the most prominent users of building certification across Europe.
- Christopher Wright, NBIM
Representing a large institutional investor, Christopher has always been very involved and committed to a rigorous ESG assessment of their investments. As part of this strategy, Christopher has been encouraging the rational adoption and use of certification as a means to drive change.
- Elsa Rodrigues Monteiro, Sonae Sierra
Sonae Sierra has a very well-articulated sustainability strategy, which is very much focused on certification. Their website includes a publicly disclosed target around maximising their certified portfolio. As things stand, they have 43% portfolio BREEAM certified.
- Lizzy Butink, a.s.r.
Lizzy collaborates with DGBC on the development of a new certification scheme for residential assets, which demonstrates her confidence and commitment to formal certification.
- Frédéric Tourné, Befimmo
Emilie has been driving the certification of Befimmo’s portfolio over a significant period of time. 59% of Befimmo’s portfolio is BREEAM certified
The award categories are part of a wider and ongoing collaboration between BREEAM and GRESB to build links between their respective data platforms. There is a strong synergy between GRESB as a portfolio-based reporting tool and BREEAM as a more granular asset-based reporting and certification methodology. BREEAM and GRESB’s long-term aim is to increase the efficiency of the data reporting and provide clients with an effective means of identifying and improving sustainability performance.
The BREEAM Awards ceremony takes place at London ExCel on March 6th where all the winners will be revealed. This is the first day of the Ecobuild conference and exhibition. Over 60 high performing BREEAM projects will be recognised, as well as high performing clients, project teams and ‘champions’.
More details at: www.breeam.com/awards