Triovest Awarded Green Star in the 2015 Global Real Estate Sustainability Benchmark
In its inaugural response, Triovest Realty Advisors earned a Green Star, the highest level awarded in the 2015 Global Real Estate Sustainability Benchmark Survey (GRESB). Triovest was ranked third in its peer group of Canada / Diversified Sector real estate portfolios.
The GRESB survey is the international standard for assessing sustainability in real estate. GRESB is an industry-driven organization committed to assessing the environmental, social and governance (ESG) performance of real estate portfolios (public, private and direct) around the globe. The dynamic benchmark is used by institutional investors, including Triovest clients, to engage with their investments with the aim to improve the sustainability performance of their real estate portfolio.
“Triovest is committed to incorporating ESG issues into our investment analysis and decision-making processes,” said Vince Brown, President and CEO. “Our performance across GRESB categories and aspects reflects a breadth of leadership initiatives to date across our organization, and also highlights where we can and will do better,” added Philippe Bernier, Director, Sustainability.
The GRESB Survey is now supported by 51 institutional investor members which represent a total of $6.1 trillion in assets. In 2015, the survey included 707 property portfolios representing assets valued at $2.3 trillion.
Triovest will build on its recent successes by year end with the publishing of its Sustainability Roadmap and inaugural Sustainability Report, and the completion of a portfolio-wide target-setting exercise for energy, GHG emissions, water and waste.