This document summarizes trends in sustainable real assets, focusing on increased transparency, action on global goals like reducing emissions, and resilience. It discusses how the GRESB assessments provide transparency into real estate and infrastructure entities' energy use and emissions as well as their governance, risk management, business strategies and performance metrics related to resilience. While trends show more reporting, challenges remain in ensuring data quality and taking sufficient action to meet global challenges. The assessments aim to track progress on these issues.

1. Sustainable Real Assets

2. Trends
More transparency.
More action on global goals.
More focus on resilience.

3. Transparency

4. Real Estate Infrastructure
Transparency

5. Real Estate

6. Infrastructure

7. Global Goals

8. Energy & Emissions
The built environment is one of the largest contributors to global greenhouse
gas emissions and an essential part of any effort to reduce the most severe
impacts of climate change.
GRESB Real Estate and Infrastructure Assessments provide a comprehensive
set of energy and emissions indicators, including:
Energy Consumption
Energy Intensity
Energy Supply
GHG Emissions

9. GRESB Universe
(Like-for-like)
GRESB Universe
Target
UN SDG
2017
Real Estate
Energy & Emissions

10. Infrastructure
Energy & Emissions

11. Energy & Emissions
Infrastructure

12. Resilience

13. Resilience
Resilience is the ability to survive and thrive when subjected to social and
environmental shocks and stressors.
Core assessments and the Resilience Module provide >150 discrete data
elements addressing Task Force for Climate-related Financial Disclosure
recommendations for:
Governance
Risk Management
Business Strategy
Performance Metrics
TCFD

14. Resilience
Governance: >90% have a senior leader, often leading a cross-departmental
team or working group
Risk Management: >80% report assessing physical risks to asset value,
business continuity; <50% assess social and community risks
Strategies: >80% report specific strategies to address risks and promote
resilience
Metrics: >95% of participants provide some information on energy, and
emissions; <50% of participants report on shocks and “near miss” events

15. Real Estate
Limited
Programs
Comprehensive
Programs
121 Entities

16. Infrastructure
Comprehensive
Programs
Limited
Programs
37 Entities

17. Performance assessments based on
reliable dataTrends
More transparency. More companies reporting more information about
environmental, social, and governance performance.
More action on global goals. More progress on UN SDG’s, including
greenhouse gas emissions reduction.
More focus on resilience. Initial reporting on action to leadership, risk
management, business strategy, and performance measurement.

18. Performance assessments based on
reliable dataChallenges
Transparency. More is not necessarily more. Moving forward, there is a need
to focus on data quality.
More action on global goals. More is not enough. Reductions in
emissions are not sufficient to meet global challenges.
More focus on resilience. More integration and coordination is needed,
governance and risk assessment and implementation and measurement.

19. Performance assessments based on
reliable dataMore
q Thanks to Vornado and Goby
q Download results from www.gresb.com
q Contact Neil Pegram (Real Estate) and Rick Walters (Infra)
q Follow @gresb and @chrispyke
q Contribute to the GRESB Resilience Report

20. Investors & Industry Leaders
Neil Pegram | GRESB (moderator)
Romilly Madew | CEO, Green Building Council of Australia
Adam Kirkman | Head of ESG, AMP Capital
Martin Kholmatov | Sr. Responsible Investment Specialist, AIMCo
Michelle Bachir | Manager, Deloitte & Touche, LLP

21. Companies & Funds
Michelle Winters| VP for Solutions, Goby (moderator)
Nina James| General Manager, Corporate Sustainability, Investa
Ari Frankel| Sustainability & High Performance Buildings,
Alexandria Equities, Inc. (NYSE: ARE)
Margaret Cederoth| Sustainability Director, Transportation and
Infrastructure, WSP