Green Rating Alliance refocuses on ESG Management
We are pleased to announce that the Green Rating Alliance will set its focus on becoming a recognized European reference for leadership in Environmental, Social and Governance (ESG) emerging strategies and data assurance in Real Estate Investment Management.
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 areference point for EU level regulation, major market developments, and leadingthe 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.
For further information please see our full press release published on 03 December 2015:
"I am pleased with the development the Alliance undertook during the last 12 month. The new strategic focus, our new sustainable products 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."
CEO of the Green Rating Alliance, CBRE Global Investors