In the ever-shifting world of Environmental, Social, and Governance (ESG) measurement and reporting, it can be quite difficult to know how to understand and compare the efforts undertaken by the many different players in the industry. Who’s doing what and how effective are they at making any kind of difference? How do they rate and how do they compare? The S&P Dow Jones Indices has responded to these questions by releasing a series of indices that focus specifically on ESG performance among Real Estate Investors and Managers.
This week the S&P Dow Jones Indices has announced its partnership with The Global Real Estate Sustainability Benchmark (GRESB) to create the U.S. Green REIT Index (DJSERUUP), among others, to measure the performance of publicly traded Real Estate securities with an Environmental, Social, and Governance focus here in the U.S. This Index will assign an ESG score to every REIT based on their GRESB score. REITs that have not participated in GRESB and do not have a GRESB score will receive a score of 0.
CodeGreen helps over 800 million square feet of real estate across the country improve and report ESG performance. We have worked with GRESB since it’s inception and help billions of dollars of funds respond to the survey each year. As investor focus on ESG increases, the importance of preparing accurate and complete response to surveys such as GRESB increases in lockstep. And now with a public index ranking all REIT’s based on their GRESB score, investors will have a very clear picture of how these managers are tackling ESG across their portfolios.
Whether you are new to GRESB and ESG performance or a veteran looking to push your performance even further, CodeGreen’s team of expert consultants, engineers and data scientists can help you evaluate, improve and report your ESG performance to GRESB and other ESG programs so you can focus your efforts on implementing the necessary change in your organization that moves the needle.
Either way, we’re here to support you. Give us a call!!
