GRESB is making ongoing changes to its Standards (both Real Estate and Infrastructure) on a rolling basis through the end of the year as they are adopted by the GRESB Foundation. These changes will be included in the upcoming edition of the Strategic Roadmap, at which point we will also invite Members to engage with the changes and provide feedback.
To keep you informed, each month these changes will be outlined in the GRESB newsletter. The first changes are in Infrastructure: in data coverage and Scope 2 GHG reporting:
Data coverage
GRESB has added data coverage reporting and scoring across 15 key performance data metrics in the GRESB Infrastructure Asset Standard. In terms of scoring, this equates to 50% of each indicator where data coverage is introduced, across nine performance indicators.
This is a great step forward for Infrastructure and creates yet more scoring differentiation at the asset level, helping drive confidence both in data quality and the comparability of data.
Net Zero: Scope 2 GHG standardized reporting
The GRESB Infrastructure Asset Standard will score reporting of location-based Scope 2 GHG emissions, with the option to also report market-based emissions on a voluntary basis. There is no change to the proportion of score for reporting Scope 2 emissions in the Standards.
This change will significantly improve data comparability and quality for a priority metric while providing more useful immediate insights for investors.
Remember to keep the Strategic Roadmap page bookmarked for reference as changes are published.