GRESB announced Nov. 6 the release of its new Public Disclosure Snapshot, which measures the level of material environmental, social and governance (ESG) disclosure by the listed property sector.
GRESB said the data will allow investors to assess any REIT or listed property company, not just those that participate in the GRESB Real Estate Assessment. The new dataset was created in response to increasing demand from institutional investors for ESG disclosure, the organization said.
The Public Disclosure Snapshot uses 22 indicators that focus on the topics covered by REITs and listed companies to publicly inform stakeholders about material ESG issues. Companies are ranked on a scale from A to E, with companies ranked A having the highest level of ESG disclosure.
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