GRESB: The global ESG benchmark for financial markets

To avoid the worst impacts of climate change, the international community set a goal of reaching net-zero emissions by 2050. As governments, cities and individual companies plan for the future, it’s clear that transitioning to a sustainable world is a challenge that we must face together.

GRESB is a mission-driven and industry-led organization that provides actionable and transparent environmental, social and governance (ESG) data to financial markets. We collect, validate, score and benchmark ESG data to provide business intelligence, engagement tools and regulatory reporting solutions for investors, asset managers and the wider industry.

Vision and mission

Our vision:
An investment industry that plays a central role in creating a sustainable world

Our mission:
To provide financial markets with actionable insights, ESG data and benchmarks

How we work

GRESB provides a consistent framework to measure the ESG performance of individual assets and portfolios based on self-reported data. Performance assessments are guided by what investors and the wider industries consider to be material issues, and they are aligned with the Sustainable Development Goals, the Paris Climate Agreement and major international reporting frameworks.

Data reported to the GRESB Assessments are validated by a third party and scored before being used to generate the following ESG benchmarks for the industry:

  • Real Estate Benchmark
  • Real Estate Development Benchmark
  • Infrastructure Fund Benchmark
  • Infrastructure Asset Benchmark

Who we are

Created in 2009, GRESB is the global ESG benchmark for financial markets. In 2021, GRESB BV – a benefit corporation – began the process of establishing an independent, not-for-profit GRESB Foundation to own and govern the standards upon which GRESB Assessments are based.

GRESB Foundation

The owner of the standards upon which assessments are based, the GRESB Foundation will be composed of a foundation board drawn from investors as well as advisory boards, benchmark committees and working groups consisting of investors, managers and industry partners.

GRESB BV

A benefit corporation currently seeking formal B Corporation certification, GRESB BV is responsible for administering the assessments, providing the benchmarks, developing new solutions and supporting GRESB members. GRESB BV is owned by Summit Partners.

Industry Working Groups

As a member-led organization, GRESB is committed to listening to and working closely with the industries it serves. Throughout the year, industry working groups examine specific topics relevant to the GRESB standards, assessments, benchmarks and related services to ensure they are reflective of industry needs.

Our Governance

Following GRESB’s change in ownership, the role of the existing Real Estate and Infrastructure Advisory Boards and Benchmark Committees (renamed Standards Boards and Standards Committees) will be formalized under the governance of the GRESB Foundation and will continue to oversee the development and maintenance of GRESB Standards.

GRESB BV will continue to be responsible for administering the GRESB Assessments, providing the benchmarks, promoting widespread adoption of the GRESB Standards and supporting investor and participant members.

GRESB BV will become a benefit corporation and seek formal B-Corp certification, in order to build accountability for its mission into its legal structure and to protect this accountability over the long term.

GRESB Foundation Committees

The current Real Estate & Infrastructure Advisory Board will continue to provide strategic advice and input for the GRESB 2021 Assessments until the new Foundation Committees are established.

  • The Real Estate Advisory Board consists of voluntary, individual representatives of GRESB Investor Members and Industry Partners. The Advisory Board provides strategic advice and input to GRESB regarding its products and services related to the Real Estate Assessment.

    Dan GrandageAberdeen Standard Investments
    Derk Welling APG Asset Management
    Helena OlinAP2
    Kathleen MitzschkeLaSalle Global Partner Solutions
    Rina LessingCalPERS
    Masato KaizakiDevelopment Bank of Japan (DBJ)
    Hassan SabirEuropean Real Estate Association (EPRA)
    Jorge ChapaGreen Building Council of Australia
    Rob SimpsonIvanhoé Cambridge
    Peter van den TolMn Services (Listed)
    Christopher WrightNorges Bank Investment Management (NBIM)
    Marieke van KampNN Group
    Olivia MuirUBS Global Real Estate (Multi-Manager)
    Jane WakiwakaThe Crown Estate
  • The Infrastructure Advisory Board consists of voluntary, individual representatives of GRESB Investor Members and Industry Partners.  The Advisory Board provides strategic advice and input to GRESB regarding its products and services related to the Infrastructure Assessment.

    Alison SchneiderAlberta Investment Management Corporation
    Adam KirkmanAMP Capital
    Cameron Talbot-SternAPG Asset Management N.V
    Susanne Røge LundATP Group
    Edward DixonAviva Investors
    Joel PostersFuture Fund
    Vincent CassagneVauban Infrastructure Partners
    Tomas DaudenOntario Teachers’ Pension Plan Board (OTPP)
    Nomination of representative pendingPension Danmark
    Brenda KramerPGGM Vermogensbeheer B.V.
    Marketa Ostadalova (maternity cover for Fanny Bourdais de Charbonnier)The California Public Employees’ Retirement System (CalPERS)
    Morgan AngusTownsend Holdings LLC
    David RussellUSS
  • The Real Estate Regional Benchmark Committees consists of voluntary individual representatives of GRESB Members and Partners. The Committees give commercial and technical input to GRESB regarding the content of the GRESB Assessments, other infrastructure products and services and on GRESB’s relationship with the global, and regional real estate sector.

    Europe Benchmark Committee
    Rudy VerstappenAltera Vastgoed
    Maximilian KuferAXA IM Real Assets
    Katherine SherwinBlackRock Real Assets
    James FisherBRE Global Limited
    Sam CarsonCarbon Credentials
    Fillip EllandCastellum
    Abigail DeanNuveen
    Alexander FlueckSwiss Life Asset Managers
    Jane WakiwakaThe Crown Estate
    Clement JeanninUnibail Rodamco
    Anna DenellVasakronan
    Paul StepanVerco Advisory Services Limited
    North America Benchmark Committee
    Anne PeckAEW
    Anna MurrayBentall Kennedy
    Karen MahrousCodegreen
    Jessica ElengicalDeutsche Wealth and Asset Management
    Rob SimpsonIvanhoé Cambridge
    Deborah CloutierRE Tech Advisors
    Mychele LordLORD Green Real Estate Strategies
    Ethan GilbertPrologis
    Chris MaddernSchneider Electric
    Karen JalonThe Cadillac Fairview Corporation Limited
    Wayne ZorgerUBS Global Real Estate
    Brenna WalravenUSAA Real Estate Company
    Daniele HortonVerdani LLC
    Dan EganVornado Realty Trust
    Asia Benchmark Committee
    Robert McMickanAberdeen Asset Management
    Amélie DelaunayANREV
    Benjamin McCarronARE
    Wincel Kaufman Blackrock Real Assets
    Nina JamesBlackstone
    Peng Er FooCapitaLand
    Jessica FengCBRE Advisors
    James LeeChongbang
    Esther AnCity Developments Limited
    Ryuichi HorieCSR Design Green Investment Advisory, Co., Ltd.
    Hideki KobayashiMitsubishi Estate Co.
    Mark CameronJLL
    Tom MillerLaSalle Investment Management
    Calvin KwanLink REIT
    Raymond YauSwire Properties
    Australia Benchmark Committee
    Chris NunnAMP Capital
    Danny DeSousaBrookfield Office Properties, Inc
    Margot BlackInvesta
    Rob SimsDEXUS Property Group
    Dave SolskyEnvizi
    Marine CalmettesFrasers Property Australia
    James VesperGoodman Group
    Jorge ChapaGreen Building Council of Australia
    Nina JamesInvesta
    Alicia MaynardISPT
    Chewy ChangLendlease
    Claire BerecryNABERS (The New South Wales Office of Environment and Heritage)
    Francesca MuskovicProperty Council of Australia (PCA)
    Amy HoganStockland
    Ben ThomasThe GPT Group
    Matea CehovinVicinity Centres
  • The Infrastructure Regional Benchmark Committees consists of voluntary individual representatives of GRESB Members and Partners. The Committees give commercial and technical input to GRESB regarding the content of the GRESB Assessments, other infrastructure products and services and on GRESB’s relationship with the global, and regional infrastructure sector.

    Europe Benchmark Committee
    Neil KrawitzArcus
    Allister SykesAsper
    Katherine SherwinBlackrock
    Aurélien RoelensCube Infrastructure Managers
    Dan WellsForesight Group
    Yan ShiGIC
    Gioia TorresiHermes
    Mary NicholsonMIRA/Macquarie
    Christine SobieskiØrsted
    Mike EadyUniversity Partnership Programme
    Anne-Noëlle Le GalVantage
    Lucinda HearthDeutsche Bank Asset Management
    Ian NicholsonBRE(CEEQUAL)
    Francois BergereLTIIA
    Sabine ChalopinDenham Capital
    North America Benchmark Committee
    Tricia BurnellAlinda
    Amanda WallaceJPMorgan Asset Management
    Adina SchwartzMorgan Stanley
    Josh NothwangWSP
    Tony PringleQuinn & Partners
    Anastasiia BessonovaQIC
    Anthony GordonAVAIO Capital Ltd
    Asia Benchmark Committee
    Joss WoodheadGIC
    Ryuichi HorieCSR Design
    Australia Benchmark Committee
    Leigh GappAdelaide Airport Limited
    Jon CollingeMorrison & Co

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