Triovest is proud to announce that its overall 2019 GRESB Real Estate Assessment score increased to 91/100, up from 88 in 2018, and is among the very best in Canada and in its global peer group.
A record 1,005 real estate companies and funds participated in the 2019 Real Estate Assessment, representing more than 100,000 assets across 64 countries, with a value of $4.1 trillion US.
Triovest was the runner-up in its peer group* of 24 respondents from around the globe. In the voluntary Resilience Module, Triovest ranked in the top 20%, globally, out of 228 respondents. Triovest also maintained its full five green stars ranking for the third-straight year, the highest rating that can be received in this annual assessment.
“This is a meaningful achievement for the Triovest team. We have worked hard to embed sustainability across our organization,” said Vince Brown, CEO. “Our employees, clients, and tenants contributed to and will all benefit from this achievement.”
“The competition is strong for global sustainability leadership and Triovest aims to be among the best of the best.” said Philippe Bernier, Vice President Innovation & Sustainability. “The annual GRESB Real Estate Assessment is reshaping how the real estate industry approaches business, and we look forward to continuing to engage with and learn from this global initiative.”
“Even in the face of present challenges, we remain optimistic because of the breadth and depth of the sustainability ecosystem that has grown up since the inaugural Real Estate Assessment in 2009. Looking back, it has been a remarkable decade of movement building that has laid the groundwork for exponential progress to be made in 2020-2050,” said Roxana Isaiu, Director Real Estate at GRESB. “We congratulate all 1,005 companies and funds that reported on their ESG performance this year. The leaders today are building on the important work of their predecessors, just as they pave the way for future efforts to achieve our shared vision for a sustainable real estate sector.”
GRESB is an industry-driven organization committed to assessing the environmental, social, and governance (ESG) performance of real estate portfolios around the globe. The dynamic benchmark is the international standard used by institutional investors, including many Triovest clients, to engage with their investments and improve the sustainability performance of real estate portfolios.
* Global / Diversified – Office/Industrial / Non-Listed