This document was prepared by GRESB in response to the written feedback on the 2018 GRESB Real Estate Assessment provided by the members of the BBP. Elements of the document were discussed with the BBP during the in-person meeting kindly hosted by Aberdeen Standard Investments on December 4, 2018.
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The success of our decision-making in life can be impacted by the quality of data which is used to inform this decision. High-quality data gives us the confidence to make decisions efficiently and effectively. This could be something as simple as deciding what time you need to wake up in order to make your 9 am meeting. We use data as the basis for making this decision. For example, how long it takes for me to walk to the train station, and how likely it is that my train will be delayed or canceled?
Canada Green Building Council (CaGBC) launched the CaGBC Disclosure Challenge initiative to support and champion the importance of data transparency in the Canadian real estate market and encourage broader uptake of benchmarking programs across the country
In the quest to achieve data quality, sustainability and cost savings, it’s important to align, not compete, with global initiatives like the GRESB Data Quality Standard. While surface-level data from bills and meters show us symptoms of poor performance, impactful action requires deeper knowledge of the root cause. To reach that root cause, we need timely, accurate equipment performance data.