GRESB selects SRI Quality System Registrar as Validation Assessment Body
Amsterdam, February 22, 2021 – GRESB is excited to announce that it has chosen SRI Quality System Registrar (SRI) as its independent, 3rd-party assessment and validation services provider. As a Certified B Corp, SRI meets the highest standards of overall social and environmental performance, transparency, and accountability. GRESB assesses and benchmarks the Environmental, Social, and Governance (ESG) performance of real assets, providing validated ESG performance data and sustainability best practices to real estate and infrastructure asset managers and investors worldwide.
SRI brings years of experience with GRESB and other ESG standards. SRI is an accredited, independent certification body, and its subject matter experts will conduct the independent assessments of self-reported ESG data in the GRESB multi-layer validation process. Reporting organizations are validated, scored and benchmarked, and investors and asset managers then use this information in their investment, engagement, and decision-making processes.
“Over a decade ago, SRI launched its sustainability practices to help develop more sustainable and resilient businesses, buildings, and operations for its customers and partners. As the world embraced the importance of ESG, SRI knew that evaluation and assurance would be critical to measuring and achieving meaningful results, creating a language for communicating progress, and providing confidence in the data,” underscores SRI Sustainability Practices President, Jana Lake. “We are proud and honored to be chosen to bring our passion, commitment, and resolve to GRESB, its stakeholders, and the validation process.”
Mission-driven and investor-led, GRESB is the environmental, social and governance (ESG) benchmark for real assets. We work in collaboration with the industry to provide standardized and validated ESG data to the capital markets. The 2020 Real Estate benchmark covers more than 1,200 property companies, real estate investment trusts (REITs), funds, and developers. Our coverage for Infrastructure includes 544 infrastructure funds and assets. Combined, GRESB represents USD 5.3 trillion AUM. More than 120 institutional and financial investors use GRESB data to monitor their investments, engage with their managers, and make decisions that lead to a more sustainable and resilient world.
SRI Quality System Registrar (SRI) is an international assessment body headquartered in Seven Fields, PA, with offices in Pittsburgh, PA (HQ); Portland, OR; Ann Arbor, MI; Dublin, Ireland; and Tokyo, Japan. Founded in 1991, SRI is accredited by ANAB, RvA, IATF, AA1000, USGBC (GBCI), WELL (IWBI), and Cradle to Cradle Products Innovation Institute (C2CPII), and ResponsibleSteel™ (in process) to assess and assist in conformance to quality, environmental, health and safety, information security, sustainability, corporate social responsibility (CSR), green building rating systems, and other international standards and frameworks. Independent, 3rd party evaluations play a critical role in communicating to stakeholders that certain criteria and performance expectations have been met.