GRESB Module
The GRESB Module is an integral part of Stream, Brightly’s energy performance and sustainability management solution. Stream is designed to simplify the process of collecting, managing, and reporting environmental, social, and governance (ESG) data, ensuring compliance with GRESB standards and enhancing the sustainability performance of real estate portfolios.
About GRESB
GRESB Real Estate Assessment Benchmark is a globally recognized benchmark for assessing the ESG performance of real estate assets. It is a voluntary, industry-led initiative that aims to provide a comprehensive framework for evaluating the sustainability performance of real estate companies, funds, and assets.
Today, the portfolios of more than 2,200 real estate companies, REITs, funds and developers – and more than 800 infrastructure funds and asset operators – participate in GRESB Assessments. This broad market coverage provides investors with ESG data and benchmarks for USD $9 trillion worth of assets under management.
The GRESB Real Estate Assessment requires an organization to submit over 300 data points for each building. The data is then used to evaluate and score the sustainability performance of the building. This score provides a systematic way to aggregate and simplify multidimensional data into something stakeholders can understand and compare. In the case of GRESB, this means reducing hundreds of variables – like climate resilience and waste management – into a synthetic, 0-to-100 score and a set of sub-scores for aspects and indicators.
The GRESB Benchmark and Score are essential tools for all stakeholders in the commercial real estate market.
- Real Estate Trusts utilize GRESB performance to attract and retain investors by showcasing their commitment to sustainability.
- Real Estate Investment Management Companies leverage GRESB scores to demonstrate their expertise, attracting additional assets to manage for large institutional investors.
- Property Management Companies use GRESB performance to highlight their dedication to ESG principles, enhancing their reputation and expanding their property management services.
Benefits
Collecting and reporting the 300+ data points GRESB requires for each building can be daunting and tedious. One must know and understand exactly what the GRESB Assessment is looking for to map your data points accurately.
Stream’s GRESB module simplifies the reporting process by leveraging the data (utility, submeter, building information and surveys) already collected for utility bill management, budgeting and energy optimization purposes. It even offers an intuitive user guide to review your data and submit it via Stream GRESB API interface. The module saves teams an average of 30% compared to the traditional methods of data gathering and submissions using spreadsheets.
Stream GRESB module also enhances communication between stakeholders throughout the GRESB data readiness and submission process. Its intuitive user interface allows for all parties to log into the module and review the status of the data gathering and analysis.
Key Features
Automated Data Population
The GRESB feature leverages the utility data already being collected in Stream for each facility, meaning it significantly reduces the time and effort required to collect data. All utilities (electricity, water, gas, fuel, etc) and waste generation and associated carbon emissions for buildings managed by Stream are already available for your team to review. Stream also uses automated validation checks to ensure data accuracy and completeness, which can be complemented by Brightly’s sustainability team and data quality services to ensure any discrepancies are addressed throughout the year.
GRESB Survey
Easily collect and centralize the qualitative information required for GRESB submissions. You can monitor the status of the survey and follow up with your facilities team as required.
GRESB Asset List Manager
Stream simplifies the selection and submissions of the list of buildings as well as their percentage of ownership. The GRESB Asset List Manager allows you to initiate the GRESB data submission and view the status of the submission.
GRESB Asset Detail Review
Stream simplifies the GRESB reporting process by organizing data according to GRESB requirements. It provides a step-bystep guided user interface that lets you to easily review the 300+ data points required per building before going through the submission process. The GRESB reports significantly reduces the time and effort required for compliance by an average of 30% when comparing the traditional data management uses of the GRESB spreadsheet.
GRESB Sync
Seamlessly feed your data from Stream to the GRESB portal using our API based GRESB interface, hence eliminating the need to go through the tedious effort of compiling data in the GRESB spreadsheet and uploading it into the GRESB portal.
Enhance your sustainability performance
The Stream GRESB Module is a powerful tool for organizations looking to enhance their sustainability performance and ensure compliance with GRESB standards. By automating data collection, centralizing data management, and simplifying the reporting process, the GRESB Module helps organizations achieve their sustainability goals efficiently and effectively.
Featured Resources
Related Resources
Stream GRESB Module
Stream: Extra Support with GRESB Reporting
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