Get to Grips with GRESB
Address sustainability challenges with GRESB reporting to attract responsible investment.
SUBMITTING TO GRESB
Highlight transparent ESG performance
Real asset investors face mounting pressure to embrace sustainable Environmental, Social, and Governance (ESG) practices and transparently communicate their progress and performance to stakeholders.
A high Global Real Estate Sustainability Benchmark (GRESB) score showcases your commitment to sustainability, attracting responsible investment and enhancing market reputation. The assessment identifies and mitigates ESG risks, informing wise investment decisions for long-term value preservation.
Benchmarking against peers sets sustainable targets aligned with best practices, improving access to capital as investors favour robust ESG practices. It also ensures regulatory compliance and long-term climate resilience for your assets.
SUBMITTING TO GRESB
Don’t let data slow you down
Successfully submitting a GRESB assessment is no simple task. You need to navigate through time-consuming and complex data collection and validation from various sources. The process is resource-intensive, especially for diverse portfolios. Coordinating with different teams to obtain and disclose accurate ESG data aligned with sustainability practices is a real challenge. Additionally, benchmarking against peers can cause concern if performance falls short, and the costs for data analysis and submissions can be substantial.
Expert assistance can help streamline the process and ensure a successful GRESB score.
GRESB REPORTING SERVICES
How EVORA can help
In 2023, GRESB received reports from 2,084 real estate funds globally, with assets valued at $7.2 trillion; 172 infrastructure funds and 687 infrastructure assets, with funds valued at $393 billion and assets valued at $1.2 trillion.
Of these, EVORA supported 186 real estate and 68 infrastructure reports. That’s approx 20% of submissions in Europe and 9% of submissions worldwide for real estate, of which 22.5% scored 5 stars and 46% 4 or 5 stars.
EVORA covered $221bn AUM in real estate and $72.5bn AUM in infrastructure fund; there was a 15% increase of real estate and a 40% increase of infrastructure asset and fund level submissions since 2022.
Approx 20%
European submissions
9%
Global submissions
$221bn AUM
in real estate covered by EVORA
22.5%
of Real Estate submissions achieved 5 stars
GRESB REPORTING SERVICES
As a global partner and leading provider of GRESB services in Europe, EVORA keeps you on track.
- Analyse gaps based on GRESB assessment requirements
- Assess management, including governance, ESG strategy, policies, disclosure, risk management, and stakeholder engagement
- Evaluate performance, covering data coverage, risk assessments, green building certification, and energy ratings
- Improve your scorecard based on gap analysis
- Collaborate with your team to complete the GRESB assessment
- Collect and verify your energy, water, and waste data on our ESG data management platform, SIERA, to analyse your performance and upload your submission directly to the GRESB portal
- Conduct a GRESB review to forecast your score before the GRESB final release in October
- Perform a post-GRESB review to identify areas for incremental improvements and strengthen your score for the following year
Our Reporting team knows GRESB inside out
EVORA is actively engaged with GRESB, sitting on real estate benchmark committees and ensuring you’re fully prepared for updates.
In 2023, we achieved a real estate average score of 78 against the GRESB average score of 75, a development average score of 90 against the GRESB average score of 83, and an infrastructure funds average score of 87 and assets average score of 89 against the GRESB average score of 83 for both funds and assets.