Europe continues to lead the globe in ESG
GRESB has revealed that European real estate companies and funds continue to lead the world when it comes to environmental, social and governance (ESG) standards.
Europe has outperformed all other global regions in reducing global gas emissions by 5.6 percent so far in 2018 and has also posted the highest regional fall in water use at 2.2 percent. The GRESB Score for the European real estate sector has consequently increased in 2018, reaching 66 out of 100, compared to 62 in 2017. Once again, listed entities scored higher than their counterparts in the private sector.
In 2018, GRESB scored and benchmarked the ESG performance of 432 European real estate funds and companies on behalf of 75 institutional investors. The data covers 78 percent of the listed real estate market in the region by market cap. GRESB has also identified the funds and companies that are sector leaders in Europe when it comes to incorporating sustainability into their operations and communications (