GRESB in 2016: A Year of Progress
As it goes, the end of the year always puts us into a mode of reflection. As I look back on GRESB’s history, I think about 2009, when we released the first ESG assessment for real estate companies and funds, backed by a handful of engaged institutional investors and leading industry associations. That year, 198 companies and funds reported on their ESG policies and performance, with less than 20% disclosing energy consumption data. Over the past seven years, much has happened – GRESB has established itself as the leading ESG benchmark in the real estate space, and branched out to real estate debt and infrastructure, to truly reflect its ambition to assess the global built environment for the world’s largest capital providers – from buildings to cities, from water utilities to renewables. Membership now stands at 62 Investor and Bank members, 120 Fund Manager & Company members and 70 Partners, including many of the leading industry associations, service providers, and solution providers.
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Author: Nils Kok