2012 GRESB Report

Page 13

The GRESB Four-Quadrant Model The GRESB four-quadrant model of sustainability performance provides an overview of the global sustainability performance of property companies and funds, and provides each respondent with a rating designation based on its data submission. For every Survey respondent, the model shows the percentage scores on issues related to Management & Policy and Implementation & Measurement. The four quadrants illustrate the position that a respondent has on the adoption of both dimensions:

Green Starters: Have started to develop some sustainability policies, but show limited organizational focus. Environmental initiatives are not yet fully implemented and measured across the entire portfolio. No comprehensive measurement of environmental key performance indicators.

Green Talk: Dedicated resources for sustainability management, comprehensive external reporting, sustainability implementation plans have been developed. More attention should be given towards the implementation and measurement of these action plans.

Green Walk: Integration of sustainability policies and measurement of environmental key performance indicators, but limited reporting, and a lack of formal policies and procedures. External stakeholders expect a stronger focus on transparency.

Green Stars: Integrated organizational approach towards measurement and management of environmental key performance indicators. Steering on reduction of resource consumption, and innovation in measures beyond energy efficiency (e.g., productivity, tenant behaviour).

GRESB Four-Quadrant Model Green Walk

Green Stars

Implementation & Measurement

100

80

60

Oceania

40

Asia

Europe The Americas

20

0

Green Starters 0

Green Talk

20

40

60

80

100

Management & Policy

The overarching conclusions of the 2012 GRESB Survey demonstrate substantial upside potential for improved sustainability performance among property companies and funds, with outstanding performance by a select number of global leaders and moderate performance for the majority. However, there is a noticeable shift to Green Starters moving towards Green Talk. In 2011, 55 percent of respondents were considered to be Green Starters, compared to 40 percent in 2012. Many of the Starters from 2011 moved on to Green Talk. At 82, the number of Green Stars is approximately 20 percent of the total number of respondents and nearly the same as in 2011.

GRESB

2012 GRESB Report

13


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