2020 GRESB Real Estate Results - Americas December 1, 2020

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PROGRAM
Welcome & Introduction
• Dan Winters, Head of Americas, GRESB
• Brad Dockser, CEO, Green Generation
GRESB 2020 Real Estate Results & Trends | Roxana Isaiu, Director, Real Estate, GRESB
ESG Face Off !! :: Team Canada vs Team USA
Canada All Stars
• Kit Milnes, Director of Sustainability, Kingsett Capital
• Darryl Neate, Director of Sustainability, Oxford Properties Group
• Ridhima Nayyar, Manager - Sustainability, RioCan REIT
USA All Stars
• Jill Brosig, Chief Impact Officer, Harrison Street
• Jessica Elengical, Head of Corporate Strategy and M&A, DWS Group
• Jim Landau, Director of Environmental Social and Governance, MetLife Real Estate
Closing | Dan Winters, Head of Americas, GRESB

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Investor-Led Growth

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Global Participation
+22%

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Americas Participation
+19%

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Participation 1,229 +96 k USD 4.8 tn
Breakdown by region

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2020 RESULTS

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GRESB Model
Regional scores comparison
Asia
Oceania
MANAGEMENT
PERFORMANCE

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GRESB Model
Country Scores Comparison
Global average Americas average

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Impact of Change
Contribution analysis
GlobalAmericas

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Americas tracking Global averages

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Performance Indicators

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KEY ESG TRENDS

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Resilience & Regulation
121
238
412
Americas Europe Asia Oceania
% participants
13%
24%
34%
2018
2019
2020

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Net Zero Transition
Towards a carbon positive built environment

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Embodied Carbon
Only 8% of Americas
Development entities assess
Embodied carbon on at least 1
project completed during the
last 3 years compared to
42% in Oceania

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WHAT’S NEXT?

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Granularity
Reliability
Quality control
Error detection
Normalisation
Asset-level
benchmarking
Scoring of true
performance
Local and global
targets
Data
Availability
Performance
Insights
Benchmarking 2.0
Data
Quality
From data availability to scoring performance outcomes
Transitioning to Performance
• Granularity
• Reliability
• Quality control
• Error detection
• Normalisation
• Asset-level
benchmarking
• Scoring
performance
outcomes
• Local, regional and
global targets

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Stronger Governance
Rooted into deeper industry involvement and collective effort for transparency
Independent standard setter
Mission driven
Investor led
By industry, for industry
Formalised by year-end
Independent benchmarking organisation
Future B-Corp
Mission driven
…..
GRESB Foundation
GRESB BV

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Industry Collaboration
Collective challenges require collective action
December 2020
• Survey to request Manages and Investors for input on
• Top 3 issues to address in the 2021 Assessment
• Interest to be involved in tackling these issues
• Kick off discussions on impact of COVID on building performance
• Industry working group Data Providers
• Industry working group Institutional Investors
Q1, 2021
• Draft roadmap for defining, measuring and benchmarking performance
• Industry working group for feedback and discussion of Assessment and benchmarking methodology for
Residential portfolios
• Engagement on integration of Climate Risk and Resilience into the GRESB Assessments

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SECTOR LEADERS

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Sector Leaders – Americas

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Next: ESG Face Off!
Team Canada
vs
Team USA

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Team Canada :: All Stars
• Kit Milnes, Director of Sustainability, Kingsett Capital
• Darryl Neate, Director of Sustainability, Oxford Properties Group
• Ridhima Nayyar, Manager, Sustainability, RioCan REIT
Team USA :: All Stars
• Jill Brosig, Chief Impact Officer, Harrison Street
• Jessica Elengical, Head of Corporate Strategy and M&A, DWS Group
• Jim Landau, Director of Environmental Social and Governance, MetLife Real Estate
Starting Lineups

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What are the most important lessons learned around ESG
and/or your firm’s GRESB journey to date?
As you consider how the ESG program has evolved at your firm
what key accomplishments are you most satisfied with?
Drop the Puck!
Period 1

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What is easy and what is difficult for your firm around ESG
right now?
Describe the most successful ESG programs and initiatives
that underpin your strong showing on GRESB in 2020.
Drop the Puck!
Period 2

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What are the top three (3) ESG trends in real estate you see
emerging over the next 5 years?
Describe your targets + areas of ESG focus as we head to 2025.
Drop the Puck!
Period 3

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Name one (1) thing the audience should be mindful of
as they consider strategies and tactics designed to accelerate
ESG programs within their companies?
Drop the Puck!
Overtime!

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2020 Winner!

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2020 Winner!
🇨🇦 Team Canada 🇨🇦
2-0 Series Lead