- November 1, 2015: Vol. 27, Number 10

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GRESB results indicate a greener trend

by Jennifer Molloy

Results from the 2015 Global Real Estate Sustainability Benchmark Survey and regional snapshots indicate, although much work remains, the real estate industry is experiencing a trend toward greater involvement and transparency in environmental, social and governance issues. This trend is reflected in an increase in the development and implementation of sustainability measures, as well as rapid improvement in the quality of the documents used to help support sustainability programs and policies, which lead to higher survey scores.

The GRESB Score for this year’s report now comprises separate scores for each letter of the ESG abbreviation, with the 2015 global average amounting to a score of 48 on Environment, 58 for Social and 69 for Governance.

By region, European survey participants scored at or above the global average on the ESG dimensions; participants in Australia/New Zealand far surpassed the global average on all ESG dimensions; and North American respondents

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