Over the last few years, the interest in GRESB, the “Global Real Estate Sustainability Benchmark”, has escalated, with participation increasing by 22% last year. This is only set to increase with the growing interest from real estate investors in Environmental and Social Governance (ESG).
The building industry as a whole has a growing awareness of the ‘Performance Gap’. That is, when a building is designed, there is a targeted level of energy performance.
Environmental management during construction is a key aspect in delivering sustainable buildings.
Investor expectations for quality ESG reporting is becoming the new normal. Indices such as GRESB are playing a key role in this transformation, helping to collect investor grade data on ESG metrics and drive forward tangible improvements in the commercial property sector.