TC6.2: Monitoring Impact on Community

bullseye Maximum Score

1 point

input-pipe Input Method

Assessment Portal

pen-to-square Prefill

check Eligible

calculator Scoring method

Static

shield-check Validation

Other answer is manually validated

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None


Does the entity monitor its impact on the community?

Assessment Instructions

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

This indicator examines the topics considered by the entity to understand its impact on social and environmental conditions in communities associated with its operations. The operation of real estate assets can have positive or negative impacts on the local community. These impacts will often differ per property type. Monitoring helps an entity manage the impact of the operation of an asset on the community.

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

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

Terminology

Crime levels

The impact of the use of the asset and related facilities/direct surroundings on crime levels. For example, inadequate lighting or security may lead to increased crime levels including vandalism and theft.

Housing affordability

Affordability refers to the general ability of individuals or households to pay for goods or services within their financial means. In the context of housing, it typically describes the relationship between a household’s income and the cost of housing (rent or mortgage, utilities, etc.).

Livability score

A score designed to measure the standard of living, typically within a city.

Local income generated

Contributing to local economic benefits, and creating business diversity and opportunities for economic development and innovation. For example, providing tax revenues.

Local residents' well-being

Includes health and safety of local residents that may be impacted by the asset’s operation. For example, noise pollution issues.

Monitoring

A structured approach towards measuring and managing the impact of community engagement projects on the local community.

Walkability score

A score designed to measure the walkability of a given address to community amenities.

chevron-rightValidation: What evidence is required?hashtag

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

Other Answer

State the other community impact measure that is monitored. It is possible to report 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

Frequently Asked Questions


chevron-rightWho should a hotel owner consider as tenants in the Real Estate Assessment?hashtag

For hotel assets, the definition of “tenant” depends on how the organization is structured:

  • If the reporting entity both owns and operates the hotel, the hotel guests are considered the tenants.

  • If the reporting entity owns the hotel but a third-party operator runs it, the operator is considered the tenant.

This definition applies across all relevant aspects, including indicators under Tenant and Community.


chevron-rightReferenceshashtag

EPRA Best Practices Recommendations on Sustainability Reporting, 3rd version, September 2017: 5.9

RobecoSAM Corporate Sustainability Assessment, 2017: 3.7.2, Valuation disclosure

Green Star, Communities PILOT Version 0.1

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.

The organizations below deliver commercially available solutions designed to help drive improvement for this indicator. Engagement is managed directly between the reporting entity and the Solution Provider.

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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