RM3.2: Social Risk Assessment - Construction Phase

Maximum Score

Determined by materiality

Prefill

Eligible

Validation

Evidence not validated

2026 Updates

None


Has the entity performed a social risk assessment(s) for its construction phase?

Assessment Instructions

Intent: What is the purpose of this indicator?

The intent of this indicator is to assess the entity’s process for assessing material social risks for the construction phase of the asset, and its understanding and mitigation of these risks. Systematic responses to social issues include effective risk assessment, thoughtful mitigation planning, and implementation of action plans.

Input: How do I complete this indicator?

Select Yes or No: If selecting 'Yes', select applicable sub-options.

Elements of risk assessment process: Select one of the available options. These have been aligned with the ISO 31000 Risk Management standard.

Material social issues: Select all issues that are covered by the entity’s risk assessment process(es). It is possible to report using the ‘Other’ answer option. Ensure that the ‘Other’ answer provided is not a duplicate or subset of another option. It is possible to report multiple ‘Other’ answers.

Terminology

Child labor

Work that deprives children of their childhood, their potential and their dignity, and that is harmful to their physical or mental development including by interfering with their education. Specifically, it means types of work that are not permitted for children below the relevant minimum age.

Community

Persons or groups of persons living and/or working in any areas that are economically, socially or environmentally impacted (positively or negatively) by an entity’s ope

Community development

Actions to minimize, mitigate, or compensate for adverse social and/or economic impacts, and/or to identify opportunities or actions to enhance positive impacts on individuals/groups living or working in areas that are affected/could be affected by the organization's activities

Contractors

Persons or organizations working onsite or offsite on behalf of an entity. A contractor can contract their own workers directly, or contract sub-contractors or independent contractors.

Customer satisfaction

Customer satisfaction is one measure of an entity's sensitivity to its customers’ needs and preferences and, from an organizational perspective, is essential for long-term success. In the context of sustainability, customer satisfaction provides insight into how the entity approaches its relationship with one stakeholder group (customers).

Employee engagement

An employee's involvement with, commitment to and satisfaction with the entity.

Forced or compulsory labor

All work or service which is exacted from any person under the menace of any penalty and for which the said person has not offered themselves voluntarily.

Freedom of association

Right of employers and workers to form, to join and to run their own organizations without prior authorization or interference by the state or any other entity.

Health and safety

Protecting the entity's stakeholders from harm or death due to injury or disease. Often, this is executed by developing policy, analyzing and controlling health and safety risks, providing training, and recording and investigating health and safety incidents.

Heritage

Physical and non-physical elements of cultural and/or natural heritage.

Human capital

Human capital refers to the knowledge, culture, skills, experience, and overall contributions of an organization’s workforce. It encompasses strategies for fairly attracting, developing, and retaining talent, fostering a productive and engaged workplace, and ensuring fair and effective workforce management. Many organizational approaches can contribute to human capital objectives, including talent development & advancement; skills-based hiring & development; and diversity, equity, and inclusion.

Indigenous people

May be referred to in different countries by such terms as “Indigenous ethnic minorities,” “aboriginals,” “hill tribes,” “minority nationalities,” “scheduled tribes,” “first nations,” or “tribal groups.”

Labor standards and working conditions

Labor standards and working conditions are at the core of paid work and employment relationships. Working conditions cover a broad range of topics and issues, from working time (hours of work, rest periods, and work schedules) to remuneration, as well as the physical conditions and mental demands that exist in the workplace.

Local employment

Providing jobs and skills to local people as employees, and to local contractors.

Risk analysis

Studying probabilities and consequences given the existing controls, to identify the level of residual risk.

Risk assessment

Careful examination of the factors that could potentially adversely impact the value or longevity of an infrastructure asset. The results of the assessment assist in identifying measures that have to be implemented in order to prevent and mitigate the risks.

Risk evaluation

Comparing risk analysis results with risk criteria to determine whether the residual risk is tolerable.

Risk identification

Identifying what could prevent an organization from achieving their objectives.

Risk treatment

Control / mitigation of the risk.

Social enterprise partnering

An entity's partnerships with organizations that have social objectives that serve as the primary purpose of the organization.

Stakeholder relations

The practice of forging mutually beneficial connections with third-party groups and indivduals that have a stake in common interest.

Supply chain

Range of activities carried out by organizations upstream from the reporting entity (i.e. with whom the entity has an indirect commercial relationship), which provide products or services that are used in the development of the entity's own products or services.

Traffic/Transport Management

The movement of construction materials and waste, construction workforce transport, as well as disruption to other users of the transport network during the life of the asset.

Users

Users are people that interact physically with the asset when they use its services.

Validation: What evidence is required?

Evidence

The evidence provided will not be subject to manual validation.

Document or hyperlink. The evidence should sufficiently support all the items selected for this question. If a hyperlink is provided, ensure that it is active and that the relevant page can be accessed within two steps. It is possible to upload multiple documents, as long as it’s clear where information can be found.

Evidence does not necessarily need to be provided in full. Rather, the evidence needs to be sufficient to verify the existence of the claimed risk assessment for each issue.

The provided evidence must include the following elements:

  • Confirms that a social risk assessment was conducted and clearly presents the outcomes of the risk assessment.

  • Includes all selected elements of the risk assessment process, for all selected social issues, highlighting or bringing attention to these where possible.

  • Include all selected social issues within the assessment, highlighting or bringing attention to these where possible.

  • Relates to an assessment that has taken place within the last three years, up to and including the end of the reporting year identified in EC4.

Evidence examples may include but are not limited to:

  • Documents or section of documents, in their original or redacted form, such as:

    • Social impact assessments

    • Social management plans/reports

    • Social aspects and impacts registers

    • Corporate risk registers

    • H&S inspections and audits

    • Employee surveys

    • Monitoring reports

    • Annual reports

    • Meeting minutes or company presentations

  • Procedure or process document(s) (e.g. from a risk management system) when supported with documentation that details the outcome of the risk assessment for selected issues.

See below for an example of a risk register structure:

Risk identification
Risk analysis
Risk evaluation and treatment

Social issues

Risk description

Risk rating

Mitigation measures

Likelihood / Consequence / Rating

The GRESB / B Capital Due Diligence tool (ESG DD Tool) contains such a register in the sheet named "ESG Risk & Opps Assessment".

Contractor and/or operator engagement: In some cases, an indicator addresses an activity that applies to the reporting entity, yet is undertaken by an assigned contractor, operator and/or contracted entity. This is often the case, for example, for PPP type arrangements. In these cases, when providing evidence, the participant should specify the entity undertaking the activity and the relationship to that entity, to verify how these actions are applicable to the reporting entity. Copies of redacted contractual agreements/clauses to verify these relationships are acceptable.

Other Answer

The 'Other' answer provided will not be subject to manual validation.

List social issues that apply to the entity but are not already listed. Ensure that the ‘Other’ answer provided is not a duplicate or subset of another option (e.g. “Health & Safety: Customers” when “‘Health & Safety: Users” is selected). It is possible to report multiple ‘Other’ answers.

Validation Basics

Scoring

Scoring: How does GRESB score this indicator?

The scoring of this indicator is equal to the fraction assigned to the selected option, multiplied by the total score of the indicator.

Phase Materiality-based Scoring

Specific materiality weightings are assigned to the indicator depending on whether the entity reported to be in its construction or pre-construction phase under the Asset Development Phase section of indicator RC4. The weightings are set at one of two levels as shown below:

  • No relevance (unscored) - pre-construction phase

  • Medium relevance (scored at medium weighting) - construction phase

Where the indicator is of ‘No relevance’, and therefore the entity has reported to be in its pre-construction phase, it is not considered for scoring. If the indicator is of ‘Medium relevance’, and therefore the entity has reported to be in its construction phase, the indicator counts towards the score with ‘standard’ weighting. This ensures that the evaluation of a project’s sustainability is contextually nuanced and reflective of the project’s unique circumstances and at any given point in its development lifecycle.

Scoring Basics


References

Get Support: Solution Providers

GRESB Solution Providers are independent, third-party organizations within the GRESB Partner network that offer specialized products, tools, and services to support sustainability performance outside the GRESB Assessment process.

Currently, there are no GRESB Solution Providers associated with this indicator.

GRESB will continue to update this section as the GRESB Solution Provider network grows. Please check back regularly to find GRESB Solution Providers who can support your sustainability performance.

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