Can sustainability scores help investors better understand their returns? That is the question an ANREV and GRESB research initiative set out to answer. By analysing the relationship between GRESB scores and real estate fund performance, the study reveals how sustainability metrics can provide valuable insights for professional real estate investors. With environmental, social and governance (ESG) integration becoming a critical focus across the industry, this research offers actionable guidance for those navigating the interplay between sustainability and investment outcomes.

In the past decade, ESG factors have become critical in both societal priorities and investment decision making. Investors are increasingly integrating the broader effects of their financial decisions into their strategies, yet assessing the ESG aspects of real assets remains complex. This growing emphasis on sustainability has driven demand for credible, quantitative ESG data to guide investment decisi