2. Market transformation
Top down, bottom up
Investment Community
Capital
Market
CAPITAL
Investment
Manager
Company
Portfolio Manager/
Asset Manager
Portfolio
We’ve seen that the capital market provides a very effective top down push towards bottom up commitment
PRI currently meeting in Singapore – 1,500 asset owners
Building
COMMITMENT
Property Manager/
Facility Manager

3. 63 Countries 759 Entities 66,000 Assets
This map shows the countries asset count based on asset level data
63 Countries
759 Entities
66,000 Assets

4. Listed: 201
Private: 558

6. GRESB Model
Global ESG performance

7. GRESB Model
Regional ESG performance

8. Building Certification Policy & Disclosure
8.8 %
9.5
12.4%
25.2%
24.5%
10.9%
Monitoring & EMS
Management
GRESB SCORE
Building Certification
Policy & Disclosure
Risks & Opportunities
Stakeholder Engagement
Scoring framework is based on what is most material to investors.
Performance Indicators

9. Validation 100% 18% 2.5% Three-layer process for investment-grade data
Open text boxes (quality)
Open-ended questions
Hyperlinks
Evidence (presence)
All Participant Check
100%
Validation Plus
Evidence (content)
Data accuracy
18%
Process that supports in providing investment-grade data (co-developed with PwC)
Reporting boundaries
Data quality
Evidence for answers
Site Visit
2.5%

10. Sustainability Performance
Regulation
Leading
BREEAM Outstanding
LEED Platinum
Green Star Six Star
Etc.
Building Stock
Regulation provides minimum performance requirements
Leaders are in the right tail, however, the bulk is still in the “bell”
So, how to move the bell forward (= transformation to net-zero buildings that are safe, healthy, comfortable, connected, socially engaged etc.)
Incentives:
Fear of regulation
Changes in tenant demands
Exposure to energy prices
Resilience
Health and Well-being
Other proxies for quality of real estate
Sustainability Performance

11. ESG Performance Dynamics
Global trends over time
Conclusion: transparency leads to improved performance/leadership

12. Scale 66,000 759 55 Assets Property Companies Instituional Investors
Our process to connect industry stakeholders
Central in this process is data quality, both at the company/fund level and at the portfolio level 55
Instituional
Investors

13. Data Environmental Performance Health & Well-being Geo Spatial
Our process to connect industry stakeholders
Central in this process is data quality, both at the company/fund level and at the portfolio level
Data

14. administrative burden
Data
Reduction of
administrative burden
Investment Grade
Automatic

15. 70-80 Certification/Rating
Spatial Data
70-80 Certification/Rating
Databases
External Data Partners

16. Fund Manager
System Accounts
Building Accounts

17. Building
Meter information
Health & Well-being
Calculated values