Fiera Infrastructure, an affiliate of independent asset manager Fiera Capital Corp., has announced that, as of June 3, the company is a member of Global Real Estate Sustainability Benchmark (GRESB), the ESG benchmark for real assets.
GRESB assesses, scores and benchmarks ESG performance data in order to provide standardized and validated data to the capital markets.
In 2018, Fiera Infrastructure undertook an assessment of its ESG processes and commitments, and identified GRESB as an emerging global standard for infrastructure assets and fund managers to benchmark ESG practices.
The GRESB membership will require Fiera Infrastructure to report on detailed ESG practices and performance, which will then be benchmarked against global peers.
Fiera Infrastructure joins Fiera Properties, Fiera Capital’s dedicated real estate investment platform, in this partnership. Fiera Properties has been a GRESB real estate fund manager participant for three years and achieved a Green Star rating in 2018.
“Fiera Capital has long been committed to promoting ESG factors and responsible investing and we are continually seeking to do better,” said Vincent Duhamel, global president and chief operating officer.
