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GRESB 2018 Top Tips. Part 2 of 2

Looking to boost your GRESB 2018 score but not sure where to start? Never fear, as here at EVORA we have conducted extensive analysis of results and come up with some tips and tricks for picking up points.

Read Part 1 ‘What have we learnt from the GRESB 2017 results?here.

Visit our GRESB support service page.


GRESB 2018 Top Tips

1. Get an EMS

An Environmental Management System (EMS) is an organisation-level framework for the review, evaluation, and improvement of environmental performance. When aligned with the ISO 14001 standard, an EMS is immediately worth 2.5 points on the GRESB survey. Furthermore, an EMS helps you plan and direct environmental action to areas of the business where it will have the biggest effect, which will in turn generate further GRESB points. If you don’t have one already, our experts here at EVORA can help you develop an EMS uniquely tailored to the wants and needs of your organisation.

2. Data Data Data!

The methods for data collection and the extent of data coverage are huge elements of your final GRESB score, so getting a well-organised process in place is crucial for good performance. Table 1 summarises where data matters in the GRESB survey and how EVORA can help:

GRESB Analysis Fig 4

Table 1: The points available in GRESB 2017 for data capture and management

We are still waiting to hear if there will be any changes to the scoring for GRESB 2018, but we can guarantee that data capture and management will have a huge part to play again.

To find out more about our specialist data management software, visit the SIERA page or give the office a call on +44 (0)20 3266 7333 and we will be happy to tell you more.

3. Get Audited

Conducting technical building assessments is a great way to improve environmental performance, and another opportunity to rack up GRESB points. GRESB does not fully disclose the scoring system for the technical building assessment question, but by analysing client data we have developed a strong understanding of the scoring model used in the 2017 survey, based on the percentage coverage (by lettable area) where audits have been completed:

GRESB Analysis Fig 5

Table 2: Approximate scoring categories for GRESB Q16: Completion of Technical Building Assessments by floor area coverage

Whilst the overall question is scored out of 4.5, each category of assessment has its own limit to the points that can be achieved, and is then subdivided into four scoring categories based on portfolio coverage.

An important point to note is that we found no instances where a portfolio had some coverage but scored no points. This means an assessment of any type conducted anywhere, even on the smallest of assets, will immediately get you GRESB points.

[clickToTweet tweet=”This means assessment of any type, anywhere, even on the smallest assets, will get you GRESB points!” quote=”This means an assessment of any type conducted anywhere, even on the smallest of assets, will immediately get you GRESB points”]

Furthermore, such assessments actively seek to identify opportunities for efficiency improvements. These opportunities not only helps you to save on utility bills, but can improve your scores on GRESB Questions 17 and 18, which relate directly to the implementation of energy and water efficiency measures. Our team of experts is experienced in the completion of all kinds of audits, so get in touch to learn more about what we can do for you.

4. Get Certified

With a global average score of just 46, the Certification & Energy Ratings section is the GRESB aspect where there is most room for improvement. It is also something we know all about here at EVORA.

The scoring for Question 30 (regarding green building certificates) is a little complex, but essentially the portfolio coverage of New Construction and Operational certificates are benchmarked against that of other entities in your region within each GRESB property type, and you end up with a score for each property type of either 2, 4, 6, 8, or 10. All the scores are then weighted based on Gross Asset Value, and combined into a final question score out of 10. A full description of how the scoring was done can be found in the GRESB Reference Guide, or alternatively get in touch and we’ll be happy to explain it in full.

GRESB Analysis Fig 6

Figure 3: Points Scored vs New Construction certificate coverage for European offices in GRESB 2017

The key take-away is that there are real opportunities to pick up lots of points here. This is because the current low level of certification in real estate portfolios worldwide means that the benchmarking procedure used bottom-loads the scoring. As a result, even small amounts of certification coverage in your portfolio can score well, particularly if you have a combination of both New Construction and Operational certificates. Figure 3 focuses specifically on New Construction certificates amongst European offices, a particularly well certified property type, and shows that less than 50% certification coverage would have scored 8 out of 10 for this property type in GRESB 2017. Other property types benchmark even lower, so require even less coverage to rack up points.

[clickToTweet tweet=”BREEAM In Use, as one of most widely recognised certification schemes in the world, is ideal choice” quote=”BREEAM In Use, as one of the most widely recognised and respected certification schemes in the world, is an ideal choice”]

Of course, as certification becomes more popular worldwide this will drive up the benchmark percentages, but don’t let that dissuade you from an excellent opportunity to improve your GRESB score. BREEAM In Use, as one of the most widely recognised and respected certification schemes in the world, is an ideal choice, and is a service that we can provide. Get in touch to learn more.

Changes for the 2018 survey

Because of the constant shifting nature of sustainability and the real estate industry, GRESB reviews its survey each year and tends to make some changes to the scoring system. These are yet to be announced but, as a premier partner, EVORA is at the heart of the process, has a strong idea of how it will evolve, and is keeping tabs on GRESB releases on our clients’ behalf. Check out this blog by our Founder & Director Ed Gabbitas on GRESB’s ongoing review as an example.

We look forward to supporting you through GRESB 2018!

For enquiries regarding GRESB support or any other of our services, give our office a call on +44 (0)20 3266 7333, or email us at info@evoraglobal.com.

 


GRESB Premier PartnerAs 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.

GRESB Results 2017: How SIERA Delivered Immense Efficiencies

The GRESB Results 2017 are out and the EVORA team is eagerly reviewing the scorecards and reports to see how our participating clients fared. Early indications are that the news is generally excellent. EVORA will have a presence at the results event in London next week, so we look forward to joining the other attendees to get GRESB’s view on the overall direction of travel.

Visit our GRESB support service page.


As one of the members of EVORA’s GRESB delivery team, I’ve been reflecting on the journey we took over the summer months to get to this point.

From a numbers perspective, it’s interesting to me that the effort to collate, validate and aggregate many and often disparate data points gets distilled down to a handful of scores across the main GRESB Aspects. The process of data gathering is a necessary function and can take a lot of time, but it’s important that participants and their delivery partners allow for time to understand the materiality of the data in each of the Aspects in relation to their business strategies. However, this is easier said than done when delivery times can often get compressed near the submission deadline. So it’s even more important that there are tools that drive efficiency in the data gathering and validation process so that we can take a step back from the detail to understand what the data is showing us.

[clickToTweet tweet=”@GRESB #data gathering can take a huge amount of time. The good news is that much of it can be automated with #SIERA.” quote=”GRESB data gathering can take a huge amount of time. The good news is that much of it can be automated.”]

For us as a delivery team, our system SIERA was vital in being able to provide the efficiencies we needed to be able to manage the sheer quantum of data that we were handling. The number of GRESB submissions that we were directly involved with delivering increased from last year by 57% to 36 in 2017. As many will appreciate, the sharp end of the data processing often relates to asset level data as this is more granular, so usually more assets means more data. To put this into context, in these direct submissions, we saw an 84% increase to just shy of 1000 assets collectively that without SIERA we would likely have found far more time consuming to manage.

New to SIERA? This video explains the software in less than 2 minutes.

SIERA is one of the systems that is helping with the shift away from manual entry to more automated transfer of data to the GRESB portal. Our Managing Director, Chris Bennett, wrote previously on how a more seamless transfer of data is welcome but it’s important we have visual clarity of the data being submitted. I’d like to explain a little more how SIERA helped provide both visual clarity but also massive efficiencies.

First of all, we had replicated GRESB’s Asset Level interface in SIERA so we could automate the transfer of not just the Performance Indicators but also a key set of qualitative asset level question responses and building characteristics. This meant that when we were happy with the data we could simply upload the SIERA template directly into the GRESB Portal and populate the Portfolio data, thus entirely removing the need to manually enter data into the GRESB Asset Spreadsheet.

This integration is only possible because SIERA’s database structure is fully aligned to GRESB’s data requirements. Even GHG calculations and waste volumes by disposal route are automatically calculated, which further reduces the chance of human error.

[clickToTweet tweet=”EVORA’s @sierasoftware significantly reduces the risks of human error when it comes to @GRESB’s #data requirements.” quote=”SIERA software significantly reduces the risks of human error when it comes to GRESB’s data requirements.”]

In 2017 we took SIERA beyond the Asset level interface to drive further efficiencies by automatically calculating the responses to a number of percentage coverage-related questions. Again, this was only possible due to SIERA’s ability to hold broad range of data types. For example, SIERA can store and profile EPC data for any EU region which meant that SIERA could automate the response to Q31, saving vast amounts of time using what would otherwise likely be spreadsheets. SIERA also replicated question RC 5.1 utilising the property characteristic information SIERA holds, which helped to align responses to the Performance Indicators.

The examples that I have highlighted in this post demonstrate how SIERA helped to save countless hours of data input which we typically estimated to be around a 70% time saving. EVORA is continuing to expand the question responses SIERA can auto-calculate and survey Aspects that can be more efficiently answered, so we look forward to being able to support on even more GRESB submissions in 2018.


Questions? Come and meet us at the GRESB Results 2017 Launch event in London on 13th September. To book a demonstration of SIERA, please don’t hesitate to get in touch.

 


GRESB Premier PartnerAs 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.