GRESB is an investor-driven assessment to validate and benchmark the ESG performance of real estate. Over 1,005 reporting entities across over 60 countries, representing over 10,000 real estate assets and USD 4.1 trillion, have participated in the assessment in the Year. It indicates that sustainability in the real estate industry has been gaining momentum.
During the Year, AEC provided CITIC Capital Real Estate Group (“CCREG”) with strategic GRESB consultancy and data analysis services for one of its real estate portfolios. Through advancing the overall sustainable development of its real estate portfolio, we assisted CCREG in achieving significant improvement, from a 2-star rating in the last year to a 4-star rating (out of 5) in the Year’s GRESB assessment, in which its ESG breakdown scores exceeded the global average level. Building on the success of this remarkable accomplishment, we will remain dedicated to steering the client toward sustainability leadership in GRESB and beyond.