GRESB is pleased to announce that the Transition Risk Report will be updated later this week with the most recent CRREM pathways released in January of this year. The report provides valuable insights into climate-related transition risks and how these may affect real estate portfolio over time, at both a country and global level.
The updated version of the CRREM pathways:
- is now aligned with the Science Based Targets initiative (SBTi)
- takes into consideration the reduced carbon budget
- incorporates more country-specific data sources
Additionally, the Transition Risk Report now makes use of sub-national pathways for the United States and Australia, where those are available.
As a result of the update, GRESB participants will now be able to compare their portfolio’s performance against a more current and granular version of the CRREM pathways. This alignment with a widely recognized target-setting standard like the SBTi also increases the reach and applicability of the CRREM pathways.
We understand the importance of staying up to date with the latest data and trends in the industry, which is why we have updated our report to ensure that the industry has access to the most current information available.
You can find more information about the report and purchase details on our website. For any questions, please contact our Member Relations team via this form.