Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

2019 GRESB Real Estate Results | Hong Kong

108 views

Published on

September 19, 2019
Hosted by JLL, in partnership with ANREV, APREA, HKGBC and PRI

Published in: Investor Relations
  • Be the first to comment

  • Be the first to like this

2019 GRESB Real Estate Results | Hong Kong

  1. 1. 2019 GRESB Results SUSTAINABLE REAL ASSETS
  2. 2. 10 YEARS OF IMPACT
  3. 3. What a difference 10 years make… 20 10 20 19
  4. 4. Total property value (USD bn) 20 10 20 19 >100 >100,000 >4,100 1,005 >22,000 >50 >40 Participants Properties covered Investor Members Institutional capital (USD bn) Industry Partners 3 ~18,000 900 198 300 Partners1 3 What a difference 10 years make…
  5. 5. Changing landscape...
  6. 6. Changing landscape… AVERAGE GRESB SCORE 40% 30% 20% 10%
  7. 7. 10 years of impact
  8. 8. 10 years of industry feedback
  9. 9. 2019 GRESB INSIGHTS
  10. 10. GLOBAL 65% Listed market coverage EUROPE 64% ASIA PACIFIC NORTH AMERICA 75% 69% 100%
  11. 11. Private market coverage “75 of IPE Real Assets’ Top 100 Global Real Estate Investment Managers” “47of PERE 100: Institutional Capital’s Top Manager Picks”
  12. 12. Asset-level reporting 38,274 53,015 8,703 1,089 2,107 # assets AMERICAS EUROPE ASIA OCEANIA AFRICA OTHER
  13. 13. From quantity to quality +100,000 +66,000 +25,000 # assets All assets Assets • Reported at the asset-level Assets • Reported at the asset-level • With full data coverage • Excluding outliers
  14. 14. ASIA GLOBAL Environmental footprint
  15. 15. ASIA GLOBAL Environmental footprint ENERGY consumed -0.53% WATER consumed 0.16% GHG emitted -2.41% WASTE diverted 43%
  16. 16. GRESB Universe (Like-for-like) GRESB Universe (Targets) SDG (Target 7.3) Energy efficiency improvement
  17. 17. Carbon Risk Real Estate Monitor Property Investing in the Age of Climate Risk CRREM “CRREM is a framework for science-based decarbonization pathways and a toolkit to identify stranded assets, promoting sustainable investments in the real estate industry.” CRREM EU-funded H2020 research project: February 2018 – January 2021
  18. 18. UK – decarbonization pathways (1.5°C)
  19. 19. ASIA Building certifications GLOBAL 2.7% 8.8% Design/Construction Operations ASIA GLOBAL 5.5% 15.8% (% floor area) (% floor area)
  20. 20. GRESB score development
  21. 21. GRESB scores per region AMERICAS ASIA EUROPE OCEANIA
  22. 22. GRESB scores per region
  23. 23. GRESB scores in Asia
  24. 24. FUTURE DIRECTION OF ESG
  25. 25. CLIMATE CHANGE top priority
  26. 26. METRICS AND TARGETS RISK MANAGEMENT STRATEGY GOVERNANCE
  27. 27. TRANSPARENCY key driver for transformation
  28. 28. “To unleash its potential, Hong Kong needs to build a regulatory regime for ESG disclosures, conducive to facilitating integration of environmental and social considerations into business and investment decisions.” Stephen Wong, Deputy Executive Director and Head of Public Policy Institute, Our Hong Kong Foundation
  29. 29. ACTION commitment to improve
  30. 30. IMPACT ultimate performance metric
  31. 31. SUSTAINABLE REAL ASSETS
  32. 32. SUSTAINABLE REAL ASSETS GLOBAL AND REGIONAL SECTOR LEADERS
  33. 33. PANEL DISCUSSION 2019 GRESB Results Panellists: • Tim Chan, Senior Analyst, ESG Research and Integration – Asia Pacific, Manulife Investment Management • Jim Lam, Director of Finance and Accounts, New World Development Company • Xinying Tok, Asia Representative, GRESB • Gabriel Wilson-Otto, Head of Stewardship – Asia, BNP Paribas Asset Management Moderator: • Benjamin McCarron, Asia Representative, GRESB FUTURE DIRECTION OF ESG

×