GRESB is an investor-driven organization committed to assessing the environmental, social and governance (ESG) performance of real assets globally. More than 200 members, of which about 60 are pension funds and their fiduciaries, use GRESB data in their investment management and engagement process, with the clear goal to optimize the risk/return profile of their real asset investments.
Founded in 2009, the dynamic benchmark provides real assets investors with actionable information and tools needed to proactively monitor and manage the ESG performance of their investments and prepare for increasingly rigorous sustainability issues at the forefront of business decision-making.
What is GRESB?
- GRESB provides institutional investors with actionable information and the tools needed to accurately monitor and manage the sustainability risks of real estate and infrastructure investments, and prepare for increasingly rigorous environmental, social and governance obligations.
- GRESB data is used by about 60 pension funds and their fiduciaries, jointly representing a total of more than $7.5 trillion in assets under management. In total, GRESB has covered more than 1,000 listed property companies and private equity funds.
- GRESB runs annual assessments on participating companies and funds to capture information regarding the ESG performance and best practices of real estate portfolios, real estate debt providers and infrastructure assets. The GRESB assessments are informed by what investors consider to be key issues in ESG integration in real asset investments and is aligned with international reporting frameworks such as GRI and PRI.
- After a rigorous validation process, the data is scored with each company, fund or asset receiving a GRESB score, which is compared against peers in the same property type for real estate, sector for infrastructure, and by region. In this way, ESG is made measurable.
Why participate in GRESB?
- GRESB is widely recognized as the leading global ESG data provider for real assets, collecting information via annual assessments – GRESB Real Estate Assessment, GRESB Developer Assessment, GRESB Debt Assessment and GRESB Infrastructure Assessment.
- GRESB’s mission is to enhance and protect shareholder value by evaluating and improving the sustainability performance of real assets.
- GRESB has developed its benchmarking framework to give real asset investors tools to monitor, manage and engage with investment managers.
- Benchmarking sustainability performance helps generate and strengthen the market forces needed to bring environmental, social and governance issues to the forefront of business decision-making. By participating in GRESB’s annual assessments, companies and funds are able to better manage portfolios, funds and assets in the face of more volatile energy prices, stricter legislation to combat climate change, increased energy efficiency requirements and changing preferences of corporate tenants.
- Benchmark results provide member companies with the opportunity to identify areas for improved sustainability performance, both in absolute terms and relative to industry peers.
- More than 200 members, including almost 60 pension funds and their fiduciaries, use GRESB data throughout the investment management and engagement process to optimize return on real asset investments.
- Membership types include:
- GRESB Real Estate
- Investor and Bank Member
- Company and Fund Manager
- Partners – Global Partner, Premier Partner and Partner
- GRESB Infrastructure
- Founding Member
- Investor Member
- Company, Fund Manager or Operator Member
- Partners - Global Partner, Premier Partner and Partner
- GRESB Real Estate
- The framework is aligned with international reporting frameworks such as the Global Reporting Initiative (GRI) and the Principles for Responsible Investment (PRI)
- GRESB offers training programs for real estate professionals, investors and analysts that offer high-quality and content-rich educational experience addressing all aspects of sustainability in real estate portfolios as covered by the GRESB Assessment and data.
Updated October 2016