Case Study

EVORA Global Works with Generali Real Estate on GRESB Submissions

By being supported by EVORA in  GRESB assessment and its values, we fostered our competitiveness in convincing our third-party business partners to invest in our funds.

Olivier Terrenoire

Global Head of Asset, Property Management and Sustainable Investing at GRE SPA

Case Study information

The Challenge

In 2022, EVORA Global worked with Generali Real Estate on 9 funds submissions.

Integrating sustainability best practices and starting to use GRESB to measure its ESG performances on such a diversified portfolio, characterised also by several historical assets, has presented the following challenges:

  • Data quality
  • Data coverage
  • High number of Property Managers per fund and country

Our Approach

EVORA Global started providing full support for Generali Real Estate’s first GRESB submission in 2021, working on a number of selected Italian and Pan-European funds. This experience has been used to complete a SWOT analysis and to produce an improvement road map for the following year’s submission.

In 2022, EVORA Global worked with Generali Real Estate on 9 funds submissions utilising best practices validated in 2021.

Further, EVORA Global engaged with the team in charge of new projects and refurbishments to develop a Sustainability Action Plan and Occupier Sustainability Guide providing bespoke internal tools to be used across all funds and regions to facilitate the achievement of Generali Real Estate ESG commitments.

GRE SPA e GRE SGR confirmed the partnership with EVORA Global, extending its role as GRESB consultant for the next three years.