The Sustainable Infrastructure Foundation (SIF) and GRESB signed a Memorandum of Understanding (MoU) to foster their collaboration in order to facilitate better investor decision making around ESG performance of projects and assets.
GRESB assesses and benchmarks the ESG performance of real assets, providing standardized and validated data to the capital markets. Assessment participants receive comparative business intelligence on where they stand against their peers, a roadmap with the actions they can take to improve their ESG performance and a communication platform to engage with investors. Investors use the ESG data and GRESB’s analytical tools to to monitor their investments, engage with their managers, and make decisions that lead to more sustainable infrastructure. The GRESB Infrastructure Assessment launched in 2016, and in 2019 covered 107 funds and 394 assets. GRESB has more than 100 Investor Members representing a combined volume of institutional capital of USD 22 trillion.
SIF, a not-for-profit Swiss foundation headquartered in Geneva, coordinates the provision of SOURCE. SIF is led and financed by the MDBs members of SOURCE Council, to:
- Manage the development of SOURCE
- Provide capacity building to SOURCE users
- Conduct the adoption of SOURCE by governments, public agencies and international organisations
SOURCE is the multilateral platform for quality infrastructure.
SIF and GRESB shared interests with the intent to promote each other’s platforms to establish a flow of data from infrastructure projects to investors and thereby facilitate better investor decision making around ESG performance of projects and assets.
GRESB and SIF will collaborate to streamline connections between project data collection and asset ESG assessments for companies, funds and assets with the aim of reducing participant reporting burden, enhancing data validation processes, and maximising value.
The outcomes of this collaboration will be shared via joint industry messaging, noting the positive outcomes for investors, fund and asset managers, asset operators and other SIF and GRESB stakeholders.