The 2021 GRESB results events for Americas, co-hosted by Longevity Partners

1. 1

2. Introduction
Longevity Partners: Sarah Welton – Director, United States
GRESB Americas 2021 Results Dan Winters, GRESB Head of Americas
1-on-1 Discussions
NAREIT: Fulya Kocak, LEED Fellow | Senior Vice President, ESG
NAREIM: Zoe Hughes, CEO
PREA: Greg MacKinnon, Ph.D, CFA | Director of Research
York University: Avis Devine, Associate Professor | Schulich School of Business
Tishman Speyer: Jonathan Flaherty, Global Head – Sustainability + Building Technology Innovation
Questions & Comments
Closing Remarks
Program :: Americas
2

3. GRESB Benchmark Evolution
A 12-year journey now covering over 117,000 assets
globally
3

4. Investor-led Growth
140+ institutional investors leverage GRESB data
4
GRESB Infrastructure launched
GRESB Public Disclosure released

5. Global Impact
5
Heightened interest in ESG
* Not all GRESB Investor Members shown

6. Benchmark Participation
24% increase from 2020
6

7. Participation by Region
7
Co untries
1520
117,000
5.7tn
66
E ntities
A ssets
G A V ( USD)

8. Americas Participation
8
2021

9. Benchmark Results
Scores increase in 2021
9

10. GRESB Model
Regional GRESB scores comparison – Standing Portfolios
10
2021 2020 Diff
5 Stars
86.4 83.5 +2.9
4 Stars
79.4 76.8 +2.6
3 Stars
71.8 67.8 +4.0
2 Stars
61.9 58.8 +3.1
1 Star

11. GRESB – Europe
Distribution by country
11
Participation breakdown:
United Kingdom
Pan-European
Germany
Italy
Switzerland
Netherlands
France
Sweden
…
257
157
76
73
45
39
30
29
…

12. GRESB Americas
2021 GRESB Scores up +4 points
12
Notables
US > UK by +1 point
NL > US by +11 points
US = 301 | Canada = 41 | Brazil = 8 | Mexico = 7

13. 2021 Americas :: Key Stats
GRESB 5 Star = 77
GRESB 4 Star = 69
GRESB 3 Star = 69
GRESB 2 Star = 70
GRESB 1 Star = 66
Grace Period = 15
Total = 366
Energy Data 70% coverage
Water Data 71% coverage
Renewable 6,432,500 MWh onsite
Energy [7% of total]

14. Value Add + Opportunistic
14
USA + CA = 84
EU = 123
North America –vs– European Union

15. Observations
Net Zero Commitments
Portfolio Targets
Data Assurance
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16. Net Zero Commitments
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17. Target Setting Evolution
17
n = 964 n = 1411
n = 1151

18. Target Setting
Regional comparisons
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n = 106 n = 784 n = 238 n = 366

19. Approaching Net Zero
Regional target comparison

20. Third Party Data Review
Quality matters
20

21. Third Party Data Review
Regional Comparison
21

22. New Products
Supporting reporting requirements and risk management
needs
22

23. Transition Risk Report
23
• Transition risk insights based on
data provided in the Real Estate
Assessment.
• Data estimation and GHG
calculation methodology built
from asset-level data.
• Built on the Net Zero Asset
Owner Alliance- and IIGCC-
recommended CRREM
Decarbonization Pathways.
More info: https://gresb.com/products/transition-risk-tool/

24. TCFD Alignment Reporting
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What to expect?
• Built from TCFD-relevant data
straight from the GRESB
Assessments.
• Advantages:
• Identify gaps in TCFD
disclosure efforts
• Benchmark TCFD process
adoption with peers
• Communicate TCFD readiness
to investors
• Launch date: Q1, 2022
More info: https://gresb.com/products/tcfd-reporting/

25. SFDR Reporting Solution
Principal Adverse Impact (PAI)
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Drawing on the Real Estate Assessment,
GRESB’s SFDR solution can improve
product-level reporting.
 Start with more accurate data
 Align with future CSRD requirements
 Benefit from sophisticated estimations
 Gain added flexibility in reporting
J o i n o u r W e b i n a r o n
N o v e m b e r 1 1 f o r a
d e t a i l e d o v e r v i e w o f
G R E S B ’ s S F D R
R e p o r t i n g S o l u t i o n
• Launch date: Q1, 2022

26. Assessment Roadmap
Creating a Shared Vision
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27. A Shared Vision
Creating a Roadmap for the GRESB Assessments
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Phase I
Defining our
joint vision
Phase II
Creating a
strategy to
guide our
work toward
our vision
Phase III
Defining
technical
requirements
and
execution for
the five-year
roadmap
September –
December 2021
January –
April 2022
July 2022 –
January 2023

28. © 2021 GRESB BV
Unless explicitly stated otherwise, all rights including those in copyright in publication are owned by or controlled for these purposes by
GRESB B.V. Except as otherwise expressly permitted under copyright law or GRESB B.V.’s terms and conditions, no part of this publication
may be reproduced, copied, republished, downloaded, posted, broadcast or transmitted in any way without first obtaining GRESB B.V.’s
written permission.
Dan Winters
Head of Americas
d.winters@gresb.com
+1 202 997 3922– mobile