LE3: Sustainability Taskforce/Committee

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1 point

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Assessment Portal

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check Eligible

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Static

shield-check Validation

Other answer is manually validated

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None


Does the entity have a sustainability taskforce or committee?

Assessment Instructions

chevron-rightIntent: What is the purpose of this indicator?hashtag

This indicator identifies whether the entity has an internal task force or committee dedicated to sustainability. Such a group demonstrates a structured approach to embedding sustainability, resilience, and efficiency considerations across the organization and supports coordinated action toward achieving strategic objectives.

chevron-rightInput: How do I complete this indicator?hashtag

Select yes or no. If yes, select all applicable sub-options.

Terminology

Asset manager

A person or group of people responsible for developing and overseeing financial and strategic developments of real estate investments at asset level.

Board of Directors

A body of elected or appointed members who jointly oversee the activities of a company or organization as detailed in the corporate charter. Boards normally comprise both executive and non-executive directors.

C-suite level staff/Senior management

A team of individuals who have the day-to-day responsibility of managing the entity. C-suite level staff are sometimes referred to, within corporations, as senior management, executive management, executive leadership team, top management, upper management, higher management, or simply seniors.

Dedicated staff on sustainability issues

Individuals whose core responsibility is to address sustainability issues.

Sustainability portfolio manager

A person or a group who manages the sustainability strategy and implementation of a portfolio of real estate investments.

Sustainability taskforce/committee

A group of individuals who meet, at least four times per year, to discuss and monitor the implementation of the entity’s sustainability objectives.

External managers or service providers

Organizations, businesses or individuals that offer services to others in exchange for payment. These include, but are not limited to, consultants, agents and brokers.

Fund/portfolio manager

A person or a group who manages a portfolio of real estate investments, and the deployment of investor capital, by creating and implementing asset level strategies, across the entire portfolio.

Investment analysts

A person or group with expertise in evaluating financial and investment information, typically for the purpose of making buy, sell and hold recommendations for securities.

Investment committee

A group of selected people who establish a formal process to manage the plan’s investment strategy.

Investor relations

A person or a group that provides investors with an accurate account of company affairs so investors can make better informed decisions.

chevron-rightValidation: What evidence is required?hashtag

No evidence required. Only the 'Other' answer is manually validated.

Other Answer

State the other type of member included in the task force. Other answers can include individuals (e.g., HR representative) or groups of individuals (e.g., Product innovation team). Ensure that the other answer provided is not a duplicate of a selected option above (e.g., sustainability team when ‘dedicated staff on sustainability issues’ is selected). It is possible to report on multiple other answers. If multiple other answers are acceptable, only one will be counted towards scoring.

shieldValidation Basics

Scoring

chevron-rightScoring: How does GRESB score this indicator?hashtag

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

Other: The 'Other' answer is manually validated and assigned a score which is used as a multiplying factor, as per the table below:

Validation status
Score

Accepted

1/1

Not Accepted

0

Duplicate

0

hundred-pointsScoring Basics


chevron-rightReferenceshashtag

GRI Sustainability Reporting Standards (2016): 103-32

RobecoSAM Corporate Sustainability Assessment 2017: 3.1.5, Responsibilities & Committees

Recommendations of the Task Force on Climate-Related Financial Disclosures June 2017: Governance A&B

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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