This document discusses the results of the 2019 GRESB survey, which assessed the environmental, social and governance performance of over 1,000 real asset investments worth over $100 billion. Some key findings included that listed market coverage was 65-75% globally and private market coverage was 100%, and that 38,274 assets reported data at the asset level. It also discussed trends in areas like energy efficiency, building certifications, and GRESB scores. Going forward, it highlighted that climate change will be a top priority and transparency will be a key driver of transformation, with a need for more metrics, targets, risk management and impact measurement.

1. 2019
GRESB Results
SUSTAINABLE REAL ASSETS

2. 10 YEARS OF IMPACT

3. 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. Changing landscape…

6. 10 years of impact

7. 10 years of industry feedback

8. 2019 GRESB INSIGHTS

9. GLOBAL
65%
Listed market coverage
EUROPE
64%
ASIA PACIFIC
NORTH AMERICA
75%
69%
100%

10. Private market coverage
“75of IPE Real Assets’ Top 100 Global Real Estate Investment Managers”
“47of PERE 100: Institutional Capital’s Top Manager Picks”

11. Asset-level reporting
38,274
53,015
8,703
1,089
2,107
# assets
AMERICAS
EUROPE
ASIA
OCEANIA
AFRICA
OTHER

12. 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

13. OCEANIA GLOBAL
Environmental footprint

14. OCEANIA GLOBAL
Environmental footprint

15. GRESB Universe
(Like-for-like)
GRESB Universe
(Targets)
SDG
(Target 7.3)
Energy efficiency improvement

16. 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

17. UK – decarbonization pathways (1.5°C)

18. NYC – carbon reduction law

19. OCEANIA
Building certifications
GLOBAL
19.1%
8.8%
Design/Construction Operations
OCEANIA
GLOBAL
52.2%
15.8%
(% floor area) (% floor area)

20. GRESB score development

21. GRESB score development
AMERICAS
ASIA
EUROPE
OCEANIA

22. GRESB score development

23. FUTURE DIRECTION OF ESG

24. CLIMATE CHANGE
top priority

25. METRICS AND
TARGETS
RISK
MANAGEMENT
STRATEGY
GOVERNANCE

26. TRANSPARENCY
key driver for
transformation

27. “The availability of more timely, reliable and granular data
will help all businesses, investors and regulators to better
understand the transition-physical risk trade-off, and the
reality that there is no avoiding the costs of adjusting to a
low-carbon future”
Geoff Summerhayes, Executive Board Member, APRA

28. ACTION
commitment to improve

29. IMPACT
ultimate
performance metric

31. SUSTAINABLE REAL ASSETS