Global index provider FTSE Russell has launched the FTSE EPRA Nareit Green Indexes, allowing investors to identify real estate companies with strong sustainability performance.
The indexes are a sustainability-focused extension to the FTSE EPRA Nareit Developed Real Estate Index Series, a series of listed real estate benchmarks with approximately $341 billion of benchmarked assets.
The FTSE EPRA Nareit Green Indexes consist of eligible securities in the underlying FTSE EPRA Nareit Developed Real Estate Indexes. Constituent weights are adjusted within geographic and property sectors based on the relative proportion of structures with green building certification and energy usage.
The indexes draw on a geolocation dataset from real estate data provider, GeoPhy, containing data on over 15 million buildings to utilize bottom up building data to assess the sustainability characteristics of real estate companies.
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