“We’re proud of our best-ever GRESB results! Beyond strengthening our track record, we focus on using assessment data to drive real impact and improve risk management, particularly around climate risk in 2023. Key achievements include a 17% energy reduction at Q205 (Berlin), transitioning away from gas at The Point (London), and enhancing community engagement at Taunusturm (Frankfurt). Thanks to our teams, partners, and our European ESG Committee for making this possible!”
Andres Guzman, Head of ESG for Europe
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Case Study information
The Challenge
Tishman Speyer partnered with EVORA to manage their annual ESG program, ensuring they meet investor demands while continuing to uphold their commitments to ESG performance.
One key criterion by which investors evaluate success is GRESB. As such, it serves as a vital tool for showcasing the performance of their European funds, in particular, their flagship pan-European core fund, TSEC.
Our Approach
EVORA partnered closely with Tishman Speyer across multiple levels to streamline asset-level performance tracking and reporting.
We developed a robust annual program built around four key pillars: quarterly reporting, collaboration, ambition, and innovation.
This approach ensured data was collected and assured by March, providing a clear view of annual performance and on-site activities, including customer and community engagement.
Tishman Speyer’s commitment to integrating environmental, social and governance principles across their daily operations made it possible to deliver seamless GRESB reporting and showcase outstanding fund performance.
Key Outcomes
- Achieved 100% data coverage for energy, water, and waste across TSEC fund’s operational assets.
- Enhanced asset efficiency planning, driving operational improvements.
- TSEC retained the top spot in its peer group and ranked in the top 4% of Core European Open-ended Non-listed funds participating in the assessment
TSEC Fund:
- 2022 – 89 | 5 star rating
- 2023 – 91 | 5 star rating
- 2024 – 92 | 5 star rating
