Then reporting becomes easy. Please make my default location this will set a cookie. Continue Cancel. Seller assumes all responsibility for this listing. Item specifics. Used: An item that has been used previously.
The item may have some signs of cosmetic wear, but is Read more about the condition Used: An item that has been used previously. The item may have some signs of cosmetic wear, but is fully operational and functions as intended. This item may be a floor model or store return that has been used. See all condition definitions opens in a new window or tab. Search within store. Items On Sale.
Shipping and handling. The seller has not specified a shipping method to Germany. Contact the seller - opens in a new window or tab and request shipping to your location.
Shipping cost cannot be calculated. Please enter a valid ZIP Code. Shipping to: United States. No additional import charges at delivery! This item will be shipped through the Global Shipping Program and includes international tracking.
Learn more - opens in a new window or tab. There are 1 items available. See all condition definitions opens in a new window or tab. Search within store. Items On Sale. Shipping and handling.
The seller has not specified a shipping method to Germany. Contact the seller - opens in a new window or tab and request shipping to your location. Shipping cost cannot be calculated. Please enter a valid ZIP Code. Shipping to: United States. No additional import charges at delivery!
This item will be shipped through the Global Shipping Program and includes international tracking. Learn more - opens in a new window or tab. There are 1 items available.
Please enter a number less than or equal to 1. Select a valid country. Please enter 5 or 9 numbers for the ZIP Code.
Handling time. Taxes may be applicable at checkout. Learn more. Return policy. Return policy details. Seller does not accept returns.
These other answers must be distinct from the options listed in the question. It is possible to add multiple other answers, however scores will not be aggregated.
All Other answers are validated as part of the data validation process. Answers must refer to the reporting year identified in EC4: Reporting year in the Real Estate Assessment, unless the indicator specifies otherwise. A response to an indicator must be true at the close of the reporting year; however, the response does not need to have been true for the entire reporting year.
For example, if a policy was put in place one month prior to the end of the reporting year, this is acceptable, it need not have been in place for the entire reporting year. GRESB does not favour the use of calendar year over fiscal year or vice versa, as long as the chosen reporting year is used consistently throughout the Assessment.
Answers must be applicable to the entity level. Each Component is divided into Aspects; aspects comprise of individually scored indicators. This Reference Guide provides detailed insight into the points available for each indicator, and the weighting of Assessment aspects. The information in this section provides additional context. For indicators where you can select one or more answers, GRESB awards points cumulatively for each individual selected answer and then aggregates to calculate a final score for the indicator.
For many indicators, this final score is capped at a maximum, which means that it is not necessary to select all answers in order to receive full points. This scoring mechanism allows the diversity among property companies and funds and the variety of their sustainability-oriented activities to be reflected. Points are awarded based on the validity of the response. The scoring model is based on an automated system, which uses a technology platform designed for GRESB by a third party that specializes in data analysis software development.
The scoring is completed without manual intervention after data validation has been completed. The sum of the scores for each indicator adds up to a maximum of points. GRESB takes into account the unique characteristics of different property types, not only in benchmarking absolute scores, but also in the scoring of a selection of indicators. The possible combinations are set out below and illustrated in the diagram that follows:.
The detailed scoring methodology as applied to each indicator can be accessed by participants via the Assessment Portal on April 1, This is shared for information purposes in an effort to increase transparency around the Assessment, Methodology and Scoring processes. GRESB reserves the right to make edits to this document during the scoring and analysis period preceding the results launch. Along with splitting the Assessment into Components in , the overall emphasis will move, over the next four years, from the current emphasis on management and transparency to greater emphasis on performance.
This will occur through three main mechanisms:. It is important that the aspect weights accurately reflect investor preference as it is precedent setting and a baseline for future improvements in scoring. It is calculated relative to the global performance of all reporting entities - property type and geography are not taken into account. If certain regions systematically perform better, they will on average have higher-rated companies and funds.
To ensure participant anonymity, GRESB will only create a peer group if there is a minimum of six peers in the group.
The goal of the peer group creation process is to compare participants who share as many characteristics as possible, while:. Each participant can be part of multiple peer groups, but can only have one active peer group. This means that participant A can be in the active peer group of participant B, without participant B being in the active peer group of participant A. The peer group composition is determined by a simple set of quantitative rules and provides consistent treatment for all participants.
If the peer group is too small or has too many participants with the same fund manager, we eliminate filters until we have a valid peer group.
There are two ways in which the filter can be widened:. For public companies, the entity name of the peer group constituents is disclosed in the Benchmark Report. However, this is only disclosed to participants in the peer group who also opted to disclose their name and component scores. The purpose of data validation is to encourage best practices in data collection and reporting. The validation process includes both automatic and manual validation. Automatic validation is integrated into the portal as participants fill out their Assessments, and consists of errors and warnings displayed in the portal to ensure that Assessment submissions are complete and accurate.
Manual validation takes place after submission, and consists of document and text review to check that the answers provided in Assessment are supported by sufficient evidence. SRI is an accredited, independent certification body, and its subject matter experts will conduct the independent assessments of self-reported ESG data in the GRESB manual validation process.
Participants who want to communicate specific points on the results presented in the Benchmark Report can use the open text box underneath the GRESB Model — this will be seen by investors. For a complete interpretation of the validation decisions in the Assessment, participants can request a Results Review. For more information about the Results Review, click here. GRESB requires property companies and funds to report on their whole portfolio, including both Landlord Controlled and Tenant Controlled areas see below.
The Annual GRESB Assessment includes all assets that are held during the reporting year, including those that have been sold or purchased. For these assets, ESG data is reported for the period of time that the assets were part of the portfolio.
This enables us to deliver the standardized and comparable assessment of portfolio-level ESG performance that the market is seeking. This richer analysis, further complemented by peer group benchmarking, enables managers to understand their results in the context of their investment strategies and communicate this to their investors.
GRESB requires property companies and funds to report on their whole portfolio, including both Landlord Controlled and Tenant Controlled areas see below for specific guidance , but excluding vacant land, cash, ground leases or other non-real estate assets owned by the entity. When an asset is owned as part of a joint venture JV , joint operation, or is in joint ownership, participants are required to report on these assets unless subject to exception below , even if the joint arrangement means that the participant does not have direct operational control over the asset s.
In either case, participants must explain their approach in the open text box in indicator R1. Note: Participants may choose to express the GAV size of the assets using the rules above, but they must always represent the full asset by floor area and performance data.
If an asset is part of multiple portfolios managed by the same fund manager, the asset should be treated as a JV in each portfolio. The rules outlined If an asset is part of multiple portfolios managed by the same fund manager, the asset should be treated as a JV in each portfolio. The rules outlined above apply. Such classification was based on the notion of operational control and aligned with the GHG Protocol. In , this concept was replaced by "Landlord Controlled" and "Tenant Controlled" areas, where the same notion of operational control applies to differentiate one from the other.
Consequently, one asset can include both landlord and tenant controlled areas. If both the landlord and tenant have the authority to introduce and implement any or all of the policies mentioned above, the area should be reported as landlord controlled. Where a single tenant has the greatest authority to introduce and implement operating policies and environmental policies, the tenant should be assumed to have operational control. For example, in the case of a full repairing and insuring FRI lease in England and Wales, the tenant has operational control meaning that the area is tenant controlled.
GRESB has done so in recognition of the fact that landlords of tenant controlled areas may have little or no control over the use or purchase of utilities for the asset, or over waste management practices. The Assessment measures ESG performance using a consistent methodology that applies both to listed companies and private funds and which applies across property sectors and regions.
GRESB encourages the collection of data and qualitative information regarding ESG issues that give property companies and funds and their investors the tools to identify areas in which they can improve performance and as a toolkit for internal and external engagement. Furthermore, while GRESB does measure absolute performance, it emphasizes the importance of peer group comparisons in scoring and the analysis of benchmark results.
Where participant numbers allow this, GRESB creates separate peer groups for each property type, for listed and private entities and for Landlord and Tenant Controlled areas.
Additionally, participants have the opportunity to explain the composition of their portfolio in the open text box in R1. Accordingly, the same questions and methodology apply. This ensures stability for the assessment in the short term while more strategic developments and improvements are prioritized and addressed going forward as part of the development of the Roadmap. This will include identification of initiatives, priorities, and new topics to be introduced, starting in and going forward over the five year period of the Roadmap.
The changes made in the Entity Characteristics and Management Component provide respondents with more appropriate reporting options. Rationale for change: Distinguishing social housing as a separate investment style allows for better comparison of residential funds with a social impact focus.
Rationale for change: The LEI provides a standardized way of identifying listed and non-listed funds using a globally recognized identification system. It is often used by investors as an identifier of funds in global databases due to its unique characteristics compared to other identifiers, such as the ISIN. Rationale for change: Clarifying the possible personnel groups accepted under this option for participants and validators.
Specify the starting month Month. Reporting currency Values are reported in: Currency. Economic size What was the gross asset value GAV of the portfolio at the end of the reporting year in millions?
Nature of entity's business The entity's core business:. Management of standing investments and development of new construction and major renovation projects continue with Management, Performance, and Development Components. Development of new construction and major renovation projects continue with Management and Development Components. Select all commitments included multiple answers possible.
0コメント