2018 GRESB Infrastructure Results | Australia/NZ
0 likes99 views
The document summarizes the results of the 2018 GRESB assessments. It reports that in 2018 there were 75 funds assessed, up 17% from the previous year, and 280 assets assessed, up 75%. The funds and assets spanned 62 countries and 24 sectors, with a total value of over $100 billion for the funds and $500 billion for the assets. On average, funds improved their scores across 11 indicators in the fund assessment related to sustainable investment objectives. However, funds did not improve as much in getting their underlying assets to report data. The average asset score improved slightly but there is still room for improvement in areas like performance targets and reporting on ESG metrics.
2018 GRESB Infrastructure Results | Australia/NZ
- 1. 2018 RESULTS Sustainable Real Assets 75 funds (+17%) 280 assets (+75%) 62 countries 24 sectors Funds: $100bn+ Assets: $500bn+ (GAV)
- 2. 2018 RESULTS Sustainable Real Assets 75 funds (+17%) 280 assets (+75%) 62 countries 24 sectors Funds: $100bn+ Assets: $500bn+ (GAV)
- 4. More ESG focus Long-term investment in illiquid assets Importance for society Regulatory environment Investors want to understand the non-financial risks that can severely impact returns and reputation Sustainable infrastructure source of deal flow Anticipating changing regulations and developments Opportunities REAL ASSETS
- 5. Investor Members Fund Manager, Asset Operator and Company Members
- 7. GRESB ASSESSMENTS ESG Performance Data ESG Analytics ESG Analytics Investor perspective
- 8. FUND ASSESSMENT ASSET ASSESSMENT GRESB SCORE ASSET FUND SCORE GRESB SCORE FUND Funds with ≥25% asset participation 30% 70% Two complimentary assessments
- 9. 0 50 100 2016 2017 2018 51 64 75 23 29 42 Average % of fund’s portfolio reporting to GRESB Asset Assessment 2018 2017 55% 44% Total Funds (+17%) Funds with >25% Asset participation $100bn+ GAV NoOFPARTICIPANTS
- 10. 0 100 300 NoOFPARTICIPANTS 2016 2017 2018 134 160 280 Total Asets (+75%) $500bn+ GAV 200 Australia/NZ (+16%)
- 13. Fund Assessment
- 14. 2016 2017 2018 Global AverageFUNDSCORE WEIGHTED AVERAGE ASSET SCORE GRESB SCORE 55 2018 Average WEIGHTED AVERAGE ASSET SCORE 49 2018 Average FUND SCORE 69 2018 Average
- 15. Funds Improving in Almost All Areas 11 Indicators in the Fund Assessment
- 16. Funds - Sustainable Investment Objectives 75% of funds have sustainable investment objectives
- 17. Funds Improve Disclosure, but not Assets
- 18. Asset Assessment
- 19. MANAGEMENT&POLICY IMPLEMENTATION & MEASUREMENT GRESB SCORE 48 2018 Average IMPLEMENTATION & MEASUREMENT 46 2018 Average MANAGEMENT & POLICY 49 2018 Average 2016 2017 2018 Global Average
- 23. Materiality Approach Strongly Supported 92% agreement with standard sector weightings
- 24. Reporting on ESG Performance Strongly Affected by New Participants
- 25. Intensity Metrics Towards Standard Performance Metrics
- 26. Performance Targets Room for Improvement
- 27. First Data on Sector Carbon Intensities
- 29. Resilience Module Indicators 8 Indicators in its first year
- 30. Resilience-related responses by market segment
- 31. So… What’s next?
- 32. Sustainable Real AssetsSustainable Infrastructure
- 33. Sustainable Real Assets• Sustainable infrastructure targets • ESG performance metrics • Assessment reporting guidelines • Data capture and quality assurance processes • Scoring and benchmarking approach Sustainable Infrastructure
- 34. Fund - Sector Leaders Sector Diversified Renewable Power Generation Other Sectors Europe Other RegionsGlobally Diverse
- 35. Asset - Sector Leaders Transport Transport - Airports Transport - Ports Transport - Roads Social Infrastructure Social - Health Social - Education Data Infrastructure Transport - Rail HELIOS UDICITE
- 36. Asset - Sector Leaders Energy Resources Network Utilities Power Generation X- Renewables Solar Power Wind Power Other-Sectors Diversified Renewable Power Generation