First-year participants can submit the Assessment without providing GRESB Members (Investors, Lenders and Fund Managers in the case of the Infrastructure Asset Assessment) with the ability to request access to their results. This is referred to as a “Grace Period”.
First-year participants wishing to report under the Grace Period can select the option on an entity-by-entity basis from the settings section in the Assessment Portal. Participants who select the “Grace Period” option can decide to unselect the option following receipt of their results. The Grace Period is not available in the second year of participation, regardless of whether it was used in the first year or not.
The “Grace Period” allows participants a year to familiarize themselves with the GRESB reporting and assessment process. The names of participating entities are still visible during the Grace Period, but GRESB Members ((Investors, Lenders and Fund Managers in the case of the Infrastructure Asset Assessment) will not be able to request to see their results.
Grace Period participants receive a GRESB Scorecard and have the opportunity to purchase a Benchmark Report for a more in-depth analysis of their sustainability performance.
GRESB Manager Members and participants in the Real Estate Assessment and Infrastructure Fund Assessment paying the flat participation fee have access to Benchmark Reports for all of their reporting entities, whether or not they report an entity under “Grace Period”. As such, membership fees are calculated based on the total number of reporting entities.