In January, GRESB released its first public disclosure score (PDS) cards for listed funds. These new ratings are designed to complement the existing assessment and to provide investors with insights that are not fully captured in the standard GRESB reports for listed real estate companies.
The GRESB Public Disclosure Assessment evaluates each participating listed property company’s sustainability information disclosure. The results are communicated by a scorecard. An example is shown below.
The GRESB Disclosure Score is based on an A to E sliding scale (where A is best). Listed participants that score an “A” demonstrate leadership in their approach to environmental, social and governance disclosure, and are characterized by a high degree of transparency on ESG commitments.
The PDS is generated by using responses to a subset of existing GRESB questions that relate to public disclosure of ESG issues.
GRESB states that:
‘ [The PDS] represents a base level of information for about 400 listed property companies globally, and could be utilized for integration into existing data platforms such as Bloomberg and S&P Global Market Intelligence.’
Results published in January 2016 are only available to participants. However, 2017 results will be available to GRESB members who are investors in the relevant funds – in the same way that full GRESB results are available now.
EVORA is a GRESB Real Estate Premier Partner and approved Service and Data Provider. In 2016, we provided GRESB support to 44 participant funds. Click here to download a copy of our free GRESB eBook, ‘Survey, Submission, Success!’
For all GRESB support enquiries, please contact us today.
As a GRESB Real Estate Premier Partner, we are perfectly positioned to provide GRESB support. View our official Premier Partner profile.
We can work with you to complete the submission and understand your scoring, as well as develop a sustainability plan that will improve your future GRESB performance and align with your organisation’s key environmental objectives.