Fund-Specific Scoring

Understand scoring methodology specific to the Infrastructure Fund Assessment.

Fund GRESB Scores

There are two GRESB Scores that infrastructure funds can earn, each out of 100 points:

• Fund (operational) Score = Management Score (30 Points) + Performance Score (70 Points)

• Fund Development Score = Management Score (30 Points) + Development Score (70 Points)

Management Score

All funds that complete the Fund Assessment earn a Management Score.

Performance and Development Scores

The Fund Performance and Development Scores are weighted averages of the GRESB Scores obtained by the underlying assets (as listed in indicator RC6) within their respective Infrastructure Asset/Development Asset Assessments.

Eligibility Criteria

To receive a Fund Performance Score and/or Fund Development Score, at least 25% of the fund’s underlying assets (based on equity invested) must participate in a GRESB Infrastructure Assessment and be connected to the fund on the GRESB Portal.

• To earn a Performance Score, at least one asset within that 25% must complete the Asset Assessment.

• To earn a Development Score, at least one asset within that 25% must complete the Development Asset Assessment.

Note: If fewer than 25% of assets participate in the GRESB Assessment, the Fund will only receive a Management Score. This rule also applies to funds using the “New Fund Participant” exclusion reason.

GRESB Fund Score Calculation Considerations

1. Non-reporting assets, or assets without a 'Confirmed’ connection status, will receive a score of zero for the purposes of calculating the Fund Performance/Development Score.

2. Funds are entitled to exclude specific assets from contributing to their Performance/Development Score if there is a valid reason. The weights of excluded assets will be redistributed among the remaining assets. Refer to indicator RC6 for further details on valid exclusion reasons.

• First-time Fund Assessment participants can exclude any assets from scoring using the "New Fund Participant" exclusion reason, under the following conditions:

  • The fund must increase asset participation in the second year of reporting for this exclusion reason to remain valid.

  • If using the “New Fund Participant” exclusion reason, the fund’s coverage level will be displayed alongside the score in the Scorecard summary of the Fund Benchmark Report, and it will be highlighted in the Benchmark Report when a fund is using this exclusion reason.

  • Funds that use the "New Fund Participant" asset exclusion will not be eligible for Sector Leader awards.

• This weighted average score excludes the scores of assets that used a Grace Period.

For info on establishing fund-asset connections in the GRESB Portal, refer to the Assessment Portal Guide.