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
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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.
