This document discusses GRESB's new 2016 Health & Well-being Module. The module aims to systematically assess companies' promotion of health and well-being for employees and through real estate products/services. It includes 10 indicators across understanding needs, implementing actions, monitoring performance, and potential financial liabilities from health issues. Companies are encouraged to opt-in to the module when participating in GRESB's 2016 Real Estate or Developer Assessment to benchmark their performance and leadership in this emerging area.

1. 2016 GRESB Assessment Health & Well-being Module

2. Systematic assessment
Objective scoring
Peer benchmarking

3. Systematic assessment
Objective scoring
Peer benchmarking

4. Systematic assessment
Objective scoring
Peer benchmarking

6. Real Estate Assessment
Developer Assessment
Health & Well-being
Module

7. Real Estate Debt
Assessment
Green Bond Guidelines

8. Fund Assessment
Asset Assessment

9. Performance-Based Metrics
Asset Information
Energy
GHG
Water
Waste
Third-Party Information
Certifications
Ratings
Awards
Other
Asset Portal
Products
Q2 2016:
Improved Data Feed
Q3 2016:
Portfolio View on Assets
Performance Benchmark
Energy Rating Benchmark

10. API Ecosystem
5 – 10 Additional
Integrations
Portfolio Assessment
Coverage
Consumption
Intensity
Asset Portal
Free
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12. Health, well-being, and real estate
Why, what, and how?

14. Which companies and
funds are leading in the
promotion of health and
well-being?

15. Health is the new carbon
The society/public sector bears most of the outcomes of health
issues
(comparable to the carbon externality)
Healthcare spending as % of GDP
U.S. – 17.1%
U.K. – 9.1%
Germany – 11.3%
Netherlands – 12.9%
Value of lost output and productivity due to cardiovascular
disease, cancer, diabetes, chronic respiratory disease and mental
illness USD47 trillion globally from 2011-2030 (Bloom et al, 2011)

16. What we knew: carbon = buildings
90% of electricity consumption in buildings
What we are realizing: health = buildings
(90% of time is spent indoors)
And:
Buildings determine commuting choice
Buildings determine physical activity during day
Buildings determine food choices during day

17. Effects of air quality
Evidence from the (surprisingly limited) scientific literature
C02 above 1,000 ppm
Effects on cognitive performance
Worse decision-making performance
Health symptoms
Effects have been measured for
Office
Retail
Schools
Air pollution causing school absence
IAQ-specific renovations linked to improvements in school tests

18. Source: Stafford (2015)
CO2 levels in most important academic studies

19. Democratizing data
IEQ as a liability
What if
employees/clients/customers/students
were able to measure the indoor
environmental quality?

22. Health & well-being is the next megatrend
So: the real estate sector should take notice
Health and well-being are emerging as important sources of
opportunity and risk for real estate investors
Investors, property companies and fund managers lack
adequate relevant indicators and benchmarking tools at the
portfolio level
New metrics can better represent on-going activities and
motivate more effective, intentional action to promote health
and well-being

23. Health and well-being
Definition and Scope
Definition
Physical, mental, and social well-being – not merely the
absence of disease
Beyond occupational safety or a single, specific mechanism
(e.g., IAQ)
Scope
Individuals and populations influenced by the design,
construction, and operation of built environments, including
employees, customers, communities, and supply chains

24. Health and well-being already part of GRESB
2015 GRESB Real Estate Assessment
• Q11: employee policy
• NC4.1: communication with
local community
• NC3: site development
requirements
• NC5: construction materials
• Q15.1 and Q15.2: risk assessments
• Q42.1: community engagement
program
• NC9: building measures on health &
well-being
• NC13.1: on-site occupational H&S
management system
• Q21.1: data management system
• Q35.1 and Q35.2: health and safety
checks
• Q42.2: impact on community
• Q42.3: monitoring community
engagement
• NC 4.2: impact on local community
• NC 13.2: occupational H&S indicators
• NC14: socio-economic impact of
Plan Do
CheckAct

25. (Existing) Leadership
Health & Well-being

26. Leadership
Cancer screening for construction workers

27. Leadership
Reducing toxic exposures for employees and tenants

28. Leadership
Enhancing well-being

29. Health and well-being module
New in 2016

30. Health and Well-being Module
Available as part of the 2016 GRESB Real Estate and Developer
Assessment
Promote employee health and
well-being
Promote employee health and
well-being
+
Promote health and well-being
through products and services
Promote health and well-being
through products and services
Promotion of health through products and services
Promotionofhealthofemployees

31. Health & well-being module
Ten indicators
1. Health and well-being
policies and targets
2. Qualified leadership and
accountability
3. Understanding of needs
4. Implementation of actions
5. Performance monitoring
6. Awards
7. Financial liabilities

32. Action items
Next Steps
1. Check out the Health & Well-being Module
2. Participate in the GRESB Real Estate/Developer
Assessment
3. Opt-in to the Health & Well-being Module
4. Complete full assessment and module before the deadline
5. Get results in September!

34. n.kok@gresb.com
@gresb