The Global Real Estate Sustainability Benchmark (GRESB) has seen a surge in disclosure of ESG performance data, allowing it to expand by 26%.
The body gathers data on real estate and infrastructure investments for around 140 institutional investor subscribers, with a combined $47trn in managed assets. It bases its benchmarks on entity-level scores and asset-level information for hundreds of ESG data points including emissions, energy and water consumption and waste. The data is collected through its annual real estate and infrastructure manager assessments.
Despite headwinds caused by the Coronavirus pandemic, the boost in disclosed information means GRESB now covers $6.4trn worth of assets under management.
“We are pleased to see such a high level of participation in this year’s GRESB benchmark coverage, particularly considering the business disruptions we have all experienced over the past year and a half,” said GRESB CEO Sebastien Rous…