Tips and Tricks for GRESB Infrastructure Participants: Understanding Evidence & References
This is the first year for the new GRESB Infrastructure Assessment. The Assessment is not a pilot – it’s the real deal – but we also have a lot to learn about how to create an effective assessment for the diverse infrastructure asset class. Part of the learning process involves creating a practical vocabulary for […]
GRESB and WELL: Complementary Tools to Promote Transparency and Leadership on Health and Well-being
Health and well-being has emerged as an important issue for real estate companies and funds. Investors and tenants have expressed interest and there is increasing recognition that the promotion of health and well-being can contribute to competitive differentiation, value creation, and risk management. GRESB and its partners explored this with a series of events in […]
In a blog post earlier this year about ESG and Real Estate, GRESB CEO Nils Kok mentioned the “GRESB Six Stages of Grief.” I can imagine that a month and a half into the 2016 Assessment some of our property company and fund manager participants are deep in stage 2: Anger. Does this sound like you? […]
The Value of an Integrated Sustainability Strategy for Real Estate Companies and Funds
Last week was time for the 2016 installment of the U.S. Department of Energy (DOE) Better Building Summit. As in prior years, the Summit was full of friends and leaders from across the real estate industry. I had the opportunity to participate in a session moderated by Dr. Jason Hartke (DOE), David deVos (Prudential Real […]
GRESB Green Bond Working Group, March 2016 The fourth meeting of the GRESB Green Bond Working Group addressed the constructs, protocols and benefits of a green bond roadshow. Speakers included Victoria Clarke from HSBC’s green bond investment banking group, Christophe Garot representing two-time green bond issuer Unibail-Rodamco and Viktor Stunnenberg who serves as Senior Portfolio […]
GRESB started back in 2009 with three founding institutional investors looking to assess the environmental, social and governance (ESG) performance of their real estate portfolios and their investment managers. The first assessment was performed in 2010, and saw nearly one hundred property companies and funds reporting on their ESG efforts and achievements. Fast forward to […]
Last week I spent a couple of days in sunny Vermont with our great IT partner Greenriver, who together with the GRESB Data Analytics team— have been working hard on building out the GRESB Portal for the 2016 data collection on real estate, debt and infrastructure. One of the exciting developments is that GRESB is […]
While investor interest in infrastructure was increasing, investors in other types of real assets were focusing on the importance of environmental, social, and governance(ESG) performance as a source of value and risk. The catch is that ESG considerations for infrastructure are different from assets like real estate. Infrastructure projects are typically big, long-lived and, critically, […]
Investors Seek Diversification and Stable Income from Infrastructure
Infrastructure is a relatively young asset class with a developing investor base. Increasing interest in this sector reflects wide-spread recognition for a large gap between infrastructure needs and investment, as well as the prospect for relatively stable income streams and diversification. Australian pension funds were among the first private investors in infrastructure followed by pension […]