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July 16, 2024

GRESB X BuildingMinds Issue Sustainability Data Whitepaper

gresb X BM

Real estate software-as-a-service provider BuildingMinds has released a whitepaper penned by the Global Real Estate Sustainability Benchmark (GRESB), examining how asset-level data can drive sustainability performance and investment decisions in the sector. The paper looks to support real estate investors and managers in their evaluation of ESG initiatives. Key findings included aggregated portfolio data not being sufficient for meaningful decarbonisation; and the choice of interventions and assets they are applied to having a significant impact on the achievement of long-term decarbonisation goals. BuildingMinds also found brown-to-green investment strategies had a more significant impact on reducing energy consumption, compared to improving assets that are already green. “Fund managers looking for comprehensive insights into their real estate portfolios understand the critical role asset-level performance data and benchmarks play in driving decision-making,” said GRESB CEO Sebastien Roussotte. “We are pleased to collaborate with BuildingsMinds to share perspectives on how managers can approach their portfolios to optimise individual assets and drive positive outcomes, both financially and environmentally.” Earlier this week, GRESB’s Asset Impact team launched Transition Analytics – a specialised product designed for asset owners and managers to better manage transition risk, engage their portfolio companies with detailed insights, and meet their varied environmental commitments and reporting requirements. The tool offers users an emissions and activity database for 11 of the most emissions-intensive sectors – linking more than 148,000 physical assets to 3,000 listed companies with ownership stakes in those, along with their 32,000 listed and private subsidiaries.

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