gresb results 2013 amsterdam 27092013

1 GRESB | www.gresb.com | [email protected] | Copyright © GRESB 2013! 1

Dutch GRESB Results Event Amsterdam !September 26, 2013!

Elsbeth Quispel - Head of Sustainability!


!   Overall like-for-like reduction in energy consumption of -4.8% over the 2011-2012 reporting period!

!   Global GHG emissions decreased by -2.5% and water consumption decreased by -1.2%!

!   Increase in amount of data collected: coverage has increased across all sectors, in line with data coverage trend 2009-2011

!

Measuring global impact…Real estate sector leads way in reducing energy consumption!

!   Strong regional differences: change in energy consumption and GHG emissions in Europe was only marginal!

!   In North America, energy consumption reductions are the largest globally: -6.6%. GHG emissions decreased by -4.8%!

!   In Asia and Australia/NZ, like-for-like change in energy consumption amounted to -5.3% and -5.8% resp.!


…through GRESB Streamlined process & data flow!! Property Companies and Funds!!Measure the environmental impact and risk of their portfolios and communicate their performance to the capital market!

! Investor Members!!Use GRESB data to scrutinize their investment portfolios and to engage with their fund managers!

! Associate Members!!Provide added value by offering solutions to increase participants’ sustainability performance!

! Partners!!Industry associations that support GRESB’s mission to enhance and protect shareholder value in the real estate industry!


Some highlights GRESB: the global sustainability standard!


GRESB stakeholders Overview members !


Response rate in 2013 Participation increased substantially!

Total! Europe!

Listed!no of participants!

119!+25%!

47!+18%!

Market coverage*! 46%! 71%!

Private !no of participants!

424!+22%!

245!+16%!

Total!no of participants!

543!+23%!

292!+16%!

Gross asset value!in USD million!

1,577,321! 652,132!

* based on the FTSE EPRA/NAREIT market index

!   37 Dutch participants in 2013 (based on > 60% GAV in the Netherlands)

!   13% of European participants!!   3169 assets in Dutch portfolio’s!!   Dutch assets’ GAV 62,041 mln USD

(46,991 mln Euro) !


Global results Performance shows clear upward trend !

2013! 2012! 2011!

28% 2012: 40%

50% 2012: 41%

1% 2012: 1%

22% 2012: 19%


Dutch & European results Dutch participants have less variation in their overall scores!

NL14% Europe: 18%

NL 73% Europe: 60%

NL14% Europe: 21%

Europe!Netherlands!


Aspect Scores – Europe Sustainability is more than measuring energy performance!

1.  Management!2.  Policy & Disclosure!

3.  Risks & Opportunities!

4.  Monitoring & EMS!

5.  Performance Indicators!6.  Building Certification &

Benchmarking!

7.  Stakeholder Engagement!

10 GRESB | www.gresb.com | [email protected] | Copyright © GRESB 2013!

European impactThe Netherlands are outperforming Europe!

!   81% of Dutch participants use automatic meter readings to monitor energy consumption for a part of their portfolio, compared to 59% of European participants !

!   62% of Dutch participants still collect data through manual-visual readings!

!   Marginal like-for-like change in energy consumption (-0.7%) and GHG emissions (-0.2%) in Europe!

!   Dutch like-for-like reduction in energy consumption is -3.0%, equivalent for 1,866 electricity used in homes for one year!

!   Dutch GHG emissions decreased by -2.3%!


Dutch Rankings!

Overall NL Ranking!!   CBRE Dutch Office Fund ! ! ! ! !!!   Altera Vastgoed NV – Kantoren ! ! ! !!!   CBRE Dutch Retail Fund ! ! ! ! !!! Triodos Vastgoedfonds ! ! ! ! ! ! ! !!!   CBRE Dutch Residential Fund ! ! ! !!


Management & Policy Dutch participants have a slightly different approach…!! 89% of Dutch participants have a public vision

on sustainability (Europe 78%)!

! 92% has a sustainability taskforce:!

! 38% includes a member of the senior management board (Europe 76%, global 74%)!

! 35% includes property managers (Europe 63%)!

! 21% includes external consultants (Europe 46%)!

! 78% of Dutch participants use sustainability performance reporting frameworks. 69% of them used GRI, CRESS!

! Policies from Dutch participants are more focused on CO2 emissions/management (76%, Europe 67%) and less on climate change adaptation (24%, Europe 44%)!


Implementation & Measurement…does this explain their larger impact? !! Over 90% of global participants (2012: 60%) are

monitoring consumption data of their portfolio (Europe 87%, NL 100%) (However, there are significant differences in methods and portfolio coverage)!

! 73% of Dutch participants has an Environmental Management System, 70% on asset level and 5% on organization level (Europe 52% and 45%)!

! 44% includes energy consumption/management (Europe 91%)!

! 19% includes monitoring water consumption (Europe 83%)!

! 86% of participants have obtained an energy rating (Europe 69%, global 54%)!

! 38% has one or more green building certificates (Europe 49%, global 37%)!


Other highlights Potential for increased stakeholder engagement!! 73% of Dutch participants has undertaken a

tenant satisfaction survey (Europe 48%, global 52%)!

! 73% of global participants (2012: 54%) have a tenant engagement program in place (Europe: 76%, NL 78%)!

! 29% of participants (2012: 23%) make use of green lease formats (Europe 32%, NL 19%)!

!

Monitoring of!


Disclosure of GRESB results !Scorecard!!!!!

!   Highlights the key results of a company or fund’s sustainability performance!!!

Benchmark Report!!!!!

!   Deeper analysis of a company or fund’s sustainability performance!!!

Member Portal!!!!!

!   Exclusively for GRESB Members!: ability to construct tailored Portfolio Analysis Reports !!


More information!

More information and Report: www.gresb.com Contact: [email protected]

gresb results 2013 amsterdam 27092013

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