On the afternoon of Mar 3, 2021, at the BRE China Awards and BREEAM 30th Anniversary held at The Langham Shanghai, GRESB and BREEAM announced the winners for the inaugural GRESB BREEAM Asia Awards recognizing responsible investments in real estate in Asia. There were three award categories this year.
The Best Performing Entity award recognized GRESB members who have the highest percentage coverage of and total number of Asian assets using building certifications including the BREEAM building certifications. Two Individual Leadership awards recognise individuals who have demonstrated strong leadership and commitment in the field of sustainable development, and personally championed the cause of responsible real estate investments in Asia.
The awards were presented to:
- Best Performing Entity: White Peak Real Estate Investment
- Individual Leadership (Investor category): Ms. Yoo-Kyung Park, Head of APAC, Global Responsible Investment & Governance, APG Asset Management Asia
- Individual Leadership (Manager category): Dr. Raymond Yau, General Manager, Technical Services and Sustainable Development, Swire Properties
Quote from Ruben Langbroek, Head of Asia Pacific, GRESB
“The shortlisted parties and award recipients for this years’ inaugural GRESB BREEAM Asia Awards have been leading the momentum for responsible real estate investments in Asia. We look forward to seeing and supporting the growth in responsible real estate investments in Asia with these industry leaders.”
Quote from Shamir Ghumra, Director of BREEAM, BRE Global
“We are really pleased to have partnered with GRESB on these pioneering awards for the region. The range of excellent projects and particularly leadership in this year’s awards makes it even more of an achievement for our winners. We have and continue to see tremendous growth opportunity for BREEAM in Asia and look forward to engaging with our clients to continue the drive towards more sustainable buildings.”
GRESB & BREEAM
GRESB is the international membership organisation that assesses the environmental, social and governance (ESG) performance of real asset portfolios and assets, providing standardised and validated ESG data to the capital markets, including institutional investors in real estate. GRESB Investor Members use the ESG data and GRESB’s analytical tools to monitor their investments, engage with their managers, and make decisions that lead to a more sustainable and resilient world.
Participant Members, including listed property companies, developers, and non-listed fund managers, 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 their investors. In 2020, a record 1,229 property companies, real estate investment trusts (REITs), funds and developers jointly representing more than USD 4.8 trillion in gross asset value, participated in the GRESB Real Estate Assessment.
BRE is a world-leading research institute on sustainable buildings. Since 2016, when BRE established an office in China, their BREEAM green building scheme has seen rapid uptake in the Asian market.
Ongoing Collaboration
The GRESB/BREEAM Asia awards are part of a wider and ongoing collaboration between BRE China 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.
Follow BRE China WeChat account for the other awards updates.
