Service Description

The GRESB rating The GRESB (Global Real Estate Sustainability Benchmark) rating is a quintile rating system that categorizes participating entities based on their ESG performance as assessed in the GRESB survey. This rating ranges from one to five stars, with five stars denoting entities that are leading the charge in implementing effective sustainability practices. The GRESB rating is designed to provide investors, stakeholders, and the market at large with a clear, relative positioning of real estate entities' sustainability performance. The foundation of the GRESB rating lies in the GRESB score, which is an absolute measure of an entity's sustainability performance across various ESG criteria. This score is calculated based on data submitted by entities, covering aspects such as energy consumption, water usage, waste management, and policies on sustainability and stakeholder engagement. The GRESB score is presented as a percentage, with 100% representing the pinnacle of sustainability performance. The GRESB rating, on the other hand, is a relative measure. It is determined by comparing an entity's GRESB score against those of its peers within the same investment type and region. The rating system divides entities into quintiles based on their scores, with the top 20% receiving a five-star rating, the next 20% receiving four stars, and so forth. This method ensures that the rating not only reflects an entity's individual ESG achievements but also its performance in the context of the broader real estate industry. Why GRESB is important Participation in GRESB provides organizations with several benefits: Benchmarking: GRESB offers a platform for benchmarking the sustainability performance of real estate investments, providing participants with a clear understanding of their standing against peers and industry best practices. Investor Relations: By participating in GRESB, companies and funds can communicate their sustainability achievements and commitments to investors in a structured and globally recognized format. This transparency can enhance investor confidence and attract ESG-focused investments. Performance Improvement: The assessment process itself encourages companies to identify areas for improvement in their sustainability strategy and practices. GRESB provides feedback and resources to help participants enhance their ESG performance over time. Market Recognition: Achieving a high GRESB score or demonstrating year-on-year improvement can