Global Real Estate Sustainability Benchmark | GRESB
GRESB B.V. was founded in 2009 by a number of property fund owners who wanted to facilitate access to comparable and reliable data on the environmental, social and governance (ESG) benchmark of their investments. The participants in the assessments receive comparative business information on where they stand in relation to their competitors, a timetable with the measures that they can take to improve their ESG performance, and a communication platform to connect with the investors
The results are compared with a peer group (country/location, use, influence on building operation). The achievable score lies between 1 and 5 “stars”. The goal is to achieve the “Green Star” rating.
GRESB participants can upload facility data directly to ARC in order to identify potential certifications, to improve their ESG ratings and to compare real estate properties in a portfolio with one another.
Further information is available on the website of the system provider, see gresb.com.