— THE GRESB DEBT ASSESSMENT —
An industry-led ESG evaluation tool designed specifically for real estate lenders.
The process identifies global best practices in loan origination, due diligence underwriting and portfolio monitoring in order to advance risk management processes and inform product innovation.
What is the GRESB Debt Assessment?
The Debt Assessment has been tailored specifically to assess ESG integration of real estate lenders, including banks, pension funds, sovereign wealth funds, insurance companies, mortgage REITs and private equity debt funds.
It has been developed in collaboration with the industry and has a specific focus on sustainability actions related to:
- Corporate ESG policies and business unit implementation
- Loan origination, due diligence and stakeholder engagement processes
- Property-level collateral monitoring methods
- Targeted loan programs and asset upgrade financing offerings
The Assessment consists of 26 core indicators, supplemented by 5 sector-specific indicators applicable to the lending units of banks and insurance companies, and a different set of 5 indicators applicable to private equity debt funds.
Performance is assessed against 5 core sustainability aspects and 1 sector-specific sustainability aspect to tailor the Assessment to different types of real estate lending organizations:
Focuses on how sustainability objectives are integrated into lending practices.
Focuses on the existence of sustainability policies and disclosure of performance.
Focuses on the application of sustainability considerations in underwriting processes.
Focuses on ongoing loan monitoring processes and the use of specific KPIs to measure the sustainability performance of existing loans.
Focuses on actions taken to facilitate the transition to a more sustainable built environment.
Sector specific Sustainability Aspect to tailor the Assessment to different types of lending organizations.
Benefits of Participating
|Insight into how to improve your underwriting process in the most efficient way.||Ability to connect the dots between your public sustainability commitments and your actions in real estate lending.|
|Better understanding of the actions you can take to improve your lending and risk management processes.||Improved market positioning at the forefront of ESG and responsible lending.|
|Insight into new loan products and improvements to existing ones.||More consistent messaging about your sustainability performance to your stakeholders using an industry-specific framework.|
|Clear picture of how your ESG management processes compare with your peers.|
The Assessment follows a regular annual timeline, with the Portal opening on April 1 each year. Participants complete the Assessment by reporting through the Portal. Prior to finalizing their submission, participants are given the opportunity to request a Response Check to minimize the risk of errors.
The submission deadline is July 1, which provides participants with a three-month window to complete the Assessment. Once all Assessments have been submitted and the Portal has closed, GRESB begins the process of validating, scoring and benchmarking the submitted data:
GRESB has a three-layer data validation process designed to ensure submission of high quality information.
2. Objective Scoring
The GRESB Scoring Model is based on an automated system without manual intervention after data input.
3. Peer Benchmarking
GRESB constructs peer groups based on geography and lender type.
All participants receive a Scorecard with a summary of their sustainability performance. GRESB Members have access to additional analytical tools and services that provide a more in-depth analysis of sustainability performance as well as preferential marketing, industry recognition and networking opportunities.
Debt Assessment results are private and not disclosed to any third parties. Data is submitted to GRESB through a secure online platform and can only be seen by current GRESB staff, or authorized personnel from GRESB’s parent company (GBCI, Inc). as necessary for the data validation process.
Powerful Analytical Tools and Services
GRESB analytical tools and services allow you to measure, benchmark and improve your ESG performance and gain recognition from your stakeholders.
Provides you with an individual GRESB score, a breakdown of your ESG performance and an analysis of how your performance compares to your peers.
Gives an in-depth analysis of your sustainability performance and a detailed indicator-level comparison with peers. The design of the report allows you to review variances in your performance to the peer group, identify issues and opportunities, and to make business decisions.
A three-layer, end-to-end validation process provides an important element of quality control and underpins the accuracy and reliability of the results.
Customized Benchmark Report
Provides advanced analytics through alternative performance comparisons and rankings based on a self-selected peer group.
A high-level check of a pending response to ensure that you minimize errors that could impact your Assessment results.
Provides an in-depth understanding of the validation, scoring and analysis process leading to the allocation of points for individual indicators, determining the results as presented in the Benchmark Report.
Dedicated to helping you complete your Assessment smoothly and efficiently. The GRESB team is on hand to answer any questions you may have about completing the Assessment.
The “Guidance” tab in the Assessment Portal provides you with clear blueprints for completing the Assessments and improving performance in the future. This guidance is also provided in the Assessment Reference Guide, available in downloadable PDF.
Streamlined Reporting Tools
Allow more streamlined reporting by pre-filling information already provided in previous years, real-time error detections and the document library.
The template tool enables responses to be copied across multiple submissions.
GRESB Advisory Bodies
Opportunity to sit on GRESB Advisory Boards and join Industry Working Groups to inform the future content of GRESB Assessments.
Recognition in the Member Directory, in the GRESB Portal and in GRESB’s guidance materials. Participants can also use the GRESB logo in outreach efforts.
Eligibility to attend and speak at GRESB events for networking, relationship building and marketing opportunities.
Opportunity to contribute articles and case studies to GRESB Insights to share sustainability best practices and leadership with the industry.
Levels of Participation
You can choose to submit the Assessment as a non-member or submit the Assessment as a GRESB Member. GRESB Members have access to additional analytical tools in the Member Portal as well as preferential marketing, industry recognition, and networking opportunities. Membership benefits apply to all reporting entities.
|Benchmark Report||EUR 3,000|
|Customized Benchmark Report||EUR 1,250 |
(only available in combination with Benchmark Report)
|Response Check||EUR 1,250||Free of charge for one entity.
Additional available at EUR 850
|Results Review||EUR 1,250||Free of charge for one entity.
Additional available at EUR 850
|Streamlined Reporting Tools|
|GRESB Advisory Bodies||Eligible to participate|
|GRESB Events||Preferential attendance and eligibility to speak|
|GRESB Insights||Opportunity to contribute articles and case studies|
|Participation Fee: Free||Annual Fee: EUR 3,500 – 10,800 (USD 4,100 - 12,600)
View the GRESB Member fee schedule