14 September 2017
The Crown Estate’s leadership on sustainability recognised by The Global Real Estate Sustainability Benchmark
We are delighted that Regent Street has today been recognised as a ‘Regional Sector Leader’ in sustainability by the Global Real Estate Benchmark (GRESB Real Estate Assessment).
For the 5th year running, The Crown Estate has submitted to the Global Real Estate Sustainability Benchmark, which analyses and benchmarks sustainability performance across its Central London and Regional portfolios against other GRESB respondents.
The GRESB Real Estate Assessment is the largest and most respected ESG benchmark for the real estate sector, which this year included a record 850 property companies, REITs, funds, and developers, jointly representing more than $3.7 trillion in assets under management.
The Assessment benchmarks performance across a range of environmental, social and governance topics at both corporate and portfolio levels. The Assessment evaluates performance against 7 Sustainability Aspects, including management practices and policies at a corporate level, down to information on performance indicators (such as energy, GHG emissions, water and waste) at an asset level.
This year, The Crown Estate increased its scores across all three portfolios, with Regent Street, St James’s and Regional all outperforming the global average.
- GRESB is an industry-driven organization transforming the way capital markets assess the environmental, social and governance (ESG) performance of real asset investments. 850 property companies and funds, jointly representing more than USD 3.7 trillion in assets under management, participate in the GRESB Real Estate Assessment. The Infrastructure Assessment covers 64 funds and 160 assets, and 25 portfolios complete the Debt Assessment.
- GRESB data and analytical tools are used by 65 institutional and retail investors, including pension funds and insurance companies, collectively representing over USD 17 trillion in institutional capital, to engage with investment managers to enhance and protect shareholder value.
- Greater transparency on ESG issues has become the norm, with GRESB widely recognized as the global ESG benchmark for real assets. Learn more at GRESB.com.