Triovest Recognized Globally for Sustainability Achievements
Triovest is proud to announce that it was named a Global Sector Leader in the 2018 GRESB Real Estate Assessment. As a Sector Leader, Triovest is a recognized global sustainability leader and is among the top Canadian real estate performers.
A record 903 real estate companies and funds participated in the 2018 Real Estate Assessment, representing more than 79,000 assets across 64 countries, with a value of $3.6 trillion.
“This is a special moment 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.”
Triovest achieved the top score in its peer group* of 22 respondents from around the globe. In the voluntary Health & Well-Being module, Triovest scored first, globally, out of 282 respondents. Triovest also maintained its full five green stars ranking for the second-straight year, the highest rating that can be received in this annual assessment. Triovest’s overall GRESB score of 88/100 improved by 6% over 2017.
“Because the bar keeps rising, achieving a top score in GRESB takes continued focus, dedication, and commitment. Triovest’s achievement is a testament to the company’s efforts, at all levels, to be a market leader,” said Kit Milnes, National Sustainability Manager. “Triovest would like to sincerely thank its many partners who made this achievement possible. You are helping us to demonstrate what is possible when we all work together,” said Philippe Bernier, Vice President, Innovation & Sustainability.
“We are proud to recognize the 2018 Sector Leaders for the significant steps they have taken to incorporate sustainability into their operations and communicating their performance to investors,” said Sander Paul van Tongeren, Co-Founder and Managing Director at GRESB. “The Sector Leaders have set the bar even higher for sustainability performance in 2018, while at the same time paving the way for the entire sector to follow.”
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