Green Rating Alliance refocuses on ESG Management

New mission and vision for 2020 – Audits exceed 10 million sqm of commercial real estate in Europe

The Green Rating Alliance announced today that it will set its focus on becoming a recognized European reference for leadership in Environmental, Sustainability and Governance (ESG) emerging strategies and data assurance in Real Estate Investment Management.

With the ambitious target to serve its members by providing solutions to meet their common ESG objectives, the Alliance is already developing and will continue to develop solutions to address its members’ common ESG challenges notably through but not limited to the exploitation and evolution of the Green Rating tools, a reliable benchmarking database and strategic partnerships in the market. Therefore the aim is to bridge the gap between Investment & Asset Management and ESG Reporting through solutions such as actual performance measurement and third party review.

GRA’s Vision for 2020
-The Green Rating Tools should be a Real Estate market standard, compatible with CDP, GRESB, GRI and the major Green Building Certifications (LEED, BREEAM and HQE).
-The Alliance should be a recognized market leadership group and serve as a reference point for EU level regulation, major market developments, and leading the way in integrated reporting.
-Target: 15 million square meters rated by 2020.
-Target 3 million square meters re-assessed by 2020.

A huge step forward in achieving this vision has already been made by exceeding the milestone of 10 million sqm of commercial real estate in Europe.

Paul Lensing, CBRE Global Investors and CEO of GRA, said: ”I am pleased with the development the Alliance undertook during the last 12 month. The new strategic focus, our new sustainable as well as the strong performance of the Green Rating audits will guarantee the success and importance of the Alliance in the real estate industry.”

  Ask For More Information…