Reporting entity
Entity Name: ____________
Fund Manager Organization Name (May be same as entity name): ____________
The information in this document has been provided in good faith and on an “as is” basis. While we do not anticipate major changes, we reserve the right to make modifications prior to the official start of the 2021 reporting period on April 1 and the official release of the 2021 Infrastructure Fund and Asset Assessments. We will publicly announce any such modifications.
Mission-driven and investor-led, GRESB is the environmental, social and governance (ESG) benchmark for real assets. We work in collaboration with the industry to provide standardized and validated ESG data to the capital markets. The 2020 Real Estate benchmark covers more than 1,200 property companies, real estate investment trusts (REITs), funds, and developers. Our coverage for Infrastructure includes 544 infrastructure funds and assets. Combined, GRESB represents USD 5.3 trillion AUM. More than 120 institutional and financial investors use GRESB data to monitor their investments, engage with their managers, and make decisions that lead to a more sustainable and resilient world.
For more information, visit gresb.com. Follow @GRESB on Twitter.
In 2020, the Infrastructure Assessments were split into separate Management and Performance Components. This structure allows entities to complete either or both components. Entities starting off on their sustainability journey are thus able to first develop their data collection processes before reporting performance data.
For 2021, the Infrastructure Assessments have been kept stable with relatively few changes. The Resilience Module, which was optional in previous years, has been integrated into the Assessments and is now mandatory, thus facilitating TCFD reporting for all participants. A Development Component will be added to the 2021 Asset Assessment, to enable better reporting and benchmarking for assets (projects) in development (in design or construction). This component will be released in February 2021. We will continue to shift the emphasis and scoring from management and transparency to performance. We are also looking to provide new data and analytical tools in the portal including addressing coming EU regulations and SDG reporting.
For more information about the 2021 Assessments development process, click here.
GRESB offers first-time participants the option to not disclose their Assessment results to their investors. This first year "Grace Period" allows companies and funds a year to familiarize themselves with the GRESB reporting and assessment process without externally disclosing their results to GRESB Investor Members.
While Grace Period participant names are disclosed to GRESB Investor Members, Investor Members are not able to request access to Grace Period participant results.
First-time participants wishing to opt for the Grace Period can select the option from the settings section in the Assessment Portal.
Data collected through the GRESB Infrastructure Fund and Asset Assessments is only disclosed to the participants themselves and:
All data provided to GRESB is strictly confidential and will only be disclosed to participants’ investors, with their explicit consent.
The GRESB Infrastructure Fund and Asset Assessments will be available in the GRESB Portal on April 1, 2021. The submission deadline is July 1, 2021, providing participants with a three-month window to complete the Assessment. This is a fixed deadline and GRESB will not accept submissions received after this date. GRESB validates and analyzes all participants’ Assessment submissions.
In 2020 we introduced a Review Period in the Assessment cycle to further strengthen the reliability of our Assessments and benchmark results. We will provide this process again in 2021 starting on September 1, when preliminary individual GRESB results will be made available to all participants. The Review Period will run for one month. During the Review Period, participants will be able to submit a review request to GRESB using a dedicated form. The final results will be launched to both participants and Investor Members on October 1. Public Results events and other results outputs will be scheduled in October and November.
For more information about the 2021 Assessment timeline, click here.
A Response Check is a high-level check of a participant’s GRESB Infrastructure Fund or Asset Assessment by the GRESB team, taking place prior to submission. It minimizes the risk of errors that could adversely impact Assessment results. The Response Check fee is €1750 EUR (exclusive of VAT).
The 2021 Infrastructure Fund and Asset Assessments will be accompanied by indicator-specific Guidance that explains:
The written Reference Guide will be published on the GRESB website during the first week of March 2021. Starting April 1, 2021, guidance is also available in the GRESB Portal through pop-up fields next to each indicator. GRESB customer support service is open year round.
The 2021 Assessment development process indicated that the topics covered are material to stakeholders across the board. After the structural changes implemented in 2020, the focus has been on consolidating the existing Assessments and ensuring that the Resilience Module was integrated into the Assessment appropriately.
The changes in the Fund Management Component have been limited to small amendments to indicators to provide respondents with more appropriate reporting options, and the integration of the Resilience Module in existing indicators and through the addition of five new indicators in the Risk Management aspect. This will enable all participants to align to TCFD reporting requirements.
The Fund Assessment will comprise of:
All work on the 2021 Assessments was undertaken with the support and input of the Infrastructure Advisory Board (IAB), the Infrastructure Benchmark Committee (IBC) and the Industry Working Group on New Developments (IWG ND).
For more information, please see our webpage.
Integration of Resilience ModuleThe Resilience Module, which was previously optional, has been integrated into the Management Component. Five new indicators have been added to the aspect Risk Management and changes have been made to two indicators in the Leadership aspect. |
Minor changes to indicatorsMinor changes have been made to a few indicators to add some new options or to restructure them for better validation. |
| LE1 |
ESG leadership commitments - New commitments addedDescription: New commitments have been added under “General ESG commitments: Commitments that are publicly evidenced and do not oblige the organization to take action” and “Formal environmental issue-specific commitments: Commitments that are publicly evidenced and oblige the organization to take action”. Rationale for change: This allows entities that have made a commitment to these initiatives to report them to investors. Impact of change: Small increase in reporting burden to provide meaningful information to investors. |
| LE3 |
Individual responsible for ESG objectives - Resilience integratedDescription: The indicator has been restructured. It is now split between ESG and climate-related issues so that entities can provide different contact details for each topic. Rationale for change: This indicator change is part of the integration of the Resilience Module and is aligned with the TCFD recommended disclosures. Impact of change: Small increase in reporting burden that allows entities to report according to TCFD reporting recommendations. |
| LE4 |
ESG senior decision maker - Resilience integratedDescription: The indicator has been restructured. It is now split between ESG and climate-related issues so that entities can provide different contact details for each topic. Rationale for change: This indicator change is part of the integration of the Resilience Module and is aligned with the TCFD recommended disclosures. Impact of change: Small increase in reporting burden that allows entities to report according to TCFD reporting recommendations. |
| RM1.2 |
ESG risks and opportunities in investment monitoring processes/asset management - Evidence requirement removedDescription: The evidence requirement for this indicator has been removed. Rationale for change: This change simplifies validation of the indicator by requiring the participant to focus on just the open text boxes and their criteria rather than both. Impact of change: Reduction in reporting burden. |
| RM2 |
Resilience of strategy to climate-related risks - New indicatorDescription: Added new indicator on resilience of strategy to climate-related risks Rationale for change: This indicator is part of the integration of the Resilience Module and is aligned with the TCFD recommended disclosures. Impact of change: Small increase in reporting burden that allows entities to report according to TCFD reporting recommendations. |
| RM3.1 |
Transition risk identification - New indicatorDescription: Added new indicator on identification of climate-related transition risks Rationale for change: This indicator is part of the integration of the Resilience Module and is aligned with TCFD reporting recommendations. Impact of change: An increase in reporting burden that allows entities to report according to TCFD reporting recommendations. |
| RM3.2 |
Transition risk impact assessment - New indicatorDescription: Added new indicator on assessment of climate-related transition risks. Rationale for change: This indicator has been added as part of the integration of the Resilience Module and is aligned with TCFD reporting recommendations. Impact of change: An increase in reporting burden that allows entities to report according to TCFD reporting recommendations. |
| RM3.3 |
Physical risk identification - New indicatorDescription: Added new indicator on identification of climate-related physical risks. Rationale for change: This indicator has been added as part of the integration of the Resilience Module and is aligned with TCFD reporting recommendations. Impact of change: An increase in reporting burden that allows entities to report according to TCFD reporting recommendations. |
| RM3.4 |
Physical risk impact assessment - New indicatorDescription: Added new indicator on assessment of climate-related physical risks. Rationale for change: This indicator has been added as part of the integration of the Resilience Module and is aligned with TCFD reporting recommendations. Impact of change: An increase in reporting burden that allows entities to report according to TCFD reporting recommendations. |
EC1
Reporting entity
Entity Name: ____________
Fund Manager Organization Name (May be same as entity name): ____________
EC1
EC2
Nature of ownership
Public entity (listed on a Stock Exchange)
Specify ISIN: ____________
Private (non-listed) entity
Entity style classification
Debt
Core
Value added
Opportunistic
Open or closed end:
Open end
Closed end
Type of investment vehicle
Direct investment
Joint venture (JV)
Separate account
Special Purpose Vehicle
Other
-
________________________
Government entity
EC2
EC3
Entity commencement date
Year of commencement (listed) or Year of establishment (non-listed)
________________________
EC3
EC4
Reporting year
Calendar year
Fiscal year
Specify the starting month Month
EC4
RC1
Reporting currency
Values are reported in Currency
RC1
RC2
Economic size
Aggregate Gross Asset Value (GAV) (in millions): ____________
Aggregated Net Asset Value (NAV) (or invested capital) (in millions):
________________________
RC2
RC3
Sector & geography
What is the sector focus of the entity?
Diversified
Data Infrastructure
Energy and Water Resources
Environmental Services
Network Utilities
Power Generation X-Renewables
Renewable Power
Social Infrastructure
Transport
Other: ____________
What is the regional focus of the entity?
Globally diversified
Africa
Americas
Asia
Europe
Oceania
RC3
RC4
Nature of entity's business
What is the entity's core business?
Management of standing investment/operating assets
Development of new construction and major renovation projects
RC4
RC5
Description of the fund
Provide a description of the entity (max 250 words): ____________
RC5
RC6
Portfolio of entity assets
Did the entity own any asset investments?
Yes
![[AssetTable]](/images/tables/asset_table/y2019-0fad35a0.svg)
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
RC6
LeadershipLE1
ESG leadership commitments
Has the entity made a public commitment to ESG standards or principles?
Yes
General ESG commitments (multiple answers possible)
Commitments that are publicly evidenced and oblige the organization to take action (multiple answers possible).
Equator Principles
PRI
UN Global Compact
Other: ____________
Commitments that are publicly evidenced and do not oblige the organization to take action (multiple answers possible).
UN Environment Programme Finance Initiative
Support the goals
Other: ____________
Formal environmental issue-specific commitments (multiple answers possible)
Commitments that are publicly evidenced and oblige the organization to take action (multiple answers possible).
Business for nature
Climate Action in Financial Institutions Initiative
Climate Action 100+
Climate League 2030
EV100
Finance for Biodiversity
Global Launch of Partnership for Carbon Accounting Financials (PCAF)
IFC Operating Principles for Impact Management
IIGCC Paris Aligned Investment Initiative
Montreal Pledge
Partnership for Carbon Accounting Financials
Powering Past Coal Alliance (PPCA)
RE 100
Science Based Targets Initiative
Transform to Net Zero
UNFCCC Climate Neutral Now Pledge
UN Global Compact Our Only Future
UN-convened Net-Zero Asset Owner Alliance
WorldGBC’s Net Zero Carbon Buildings Commitment
Other: ____________
Commitments that are publicly evidenced and do not oblige the organization to take action (multiple answers possible).
Coalition for Climate Resilient Investment (CCRI)
Global Investor Coalition on Climate Change (including AIGCC, Ceres, IGCC, IIGCC)
Task Force on Climate-related Financial Disclosures
Other: ____________
Formal social issue-specific commitments (multiple answers possible)
Commitments that are publicly evidenced and oblige the organization to take action (multiple answers possible).
List commitment(s): ____________
Commitments that are publicly evidenced and do not oblige the organization to take action (multiple answers possible).
World Business Council for Sustainable Development's Call to Action
30% Club
Other: ____________
Formal governance issue-specific commitments (multiple answers possible)
Commitments that are publicly evidenced and oblige the organization to take action (multiple answers possible).
List commitment(s): ____________
Commitments that are publicly evidenced and do not oblige the organization to take action (multiple answers possible).
List commitment(s): ____________
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
LE1
1.1 points , G
LE2
Responsible investment strategy
Does the entity have a sustainable investment strategy?
Yes
The strategy incorporates the following approaches (multiple answers possible)
Corporate engagement and shareholder action
Impact/community investing
Integration of ESG factors
Positive/best-in-class screening
Negative/exclusionary screening
Norms-based screening
Sustainability themed investing
Describe the strategy and how it is being implemented (for reporting purposes only)(maximum 250 words)
________________________
The strategy is:
Publicly available
Provide applicable hyperlink or a separate publicly available evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
Not publicly available
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
LE2
1.5 points , G
LE3
Individual responsible for ESG and/or climate-related objectives
Does the entity have one or more persons responsible for implementing ESG and/or climate-related objectives?
Yes
ESG
Select the persons responsible (multiple answers possible)
Dedicated employee for whom sustainability is the core responsibility
Provide the details for the most senior of these employees
Name: ____________
Job title: ____________
Employee for whom sustainability is among their responsibilities
Provide the details for the most senior of these employees
Name: ____________
Job title: ____________
External consultant/manager
Name of the main contact: ____________
Job title: ____________
Investment partners (co-investors/JV partners)
Name of the main contact: ____________
Job title: ____________
Climate-related risks and opportunities
Select the persons responsible (multiple answers possible)
Dedicated employee with core responsibility
Provide the details for the most senior of these employees:
Name: ____________
Job title: ____________
Employee where this is among their responsibilities
Provide the details for the most senior of these employees:
Name: ____________
Job title: ____________
External consultant/manager
Name: ____________
Job title: ____________
Investment partners (co-investors/JV partners)
Name: ____________
Job title: ____________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
LE3
1.1 points , G
LE4
ESG and/or climate-related senior decision maker
Does the entity have a senior decision-maker accountable for ESG issues and/or climate-related issues?
Yes
ESG
Provide the details for most senior decision-maker on ESG issues
Name: ____________
Job title: ____________
The individual's most senior role is as part of:
Board of directors
C-suite level staff
Fund/portfolio managers
Investment committee
Other: ____________
Climate-related risks and opportunities
Provide the details for the most senior decision-maker:
Name: ____________
Job title: ____________
The individual's most senior role is as part of:
Board of directors
C-suite level staff
Fund/portfolio managers
Investment committee
Other: ____________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
LE4
1.5 points , G
LE5
Personnel ESG performance targets
Does the entity include ESG factors in the annual performance targets of personnel?
Yes
Does performance against these targets have predetermined consequences?
Yes
Financial consequences
Select the personnel to whom these factors apply (multiple answers possible)
All other employees
Asset managers
Board of directors
C-suite level staff
Dedicated staff on ESG issues
ESG managers
External managers or service providers
Fund/portfolio managers
Investment analysts
Investment committee
Investor relations
Other: ____________
Non-financial consequences
Select the personnel to whom these factors apply (multiple answers possible)
All other employees
Asset managers
Board of directors
C-suite level staff
Dedicated staff on ESG issues
ESG managers
External managers or service providers
Fund/portfolio managers
Investment analysts
Investment committee
Investor relations
Other: ____________
No
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
LE5
1.5 points , G
PoliciesPO1
Policies on environmental issues
Does the entity have a policy or policies on environmental issues?
Yes
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
PO1
1 point , E
PO2
Policies on social issues
Does the entity have a policy or policies on social issues?
Yes
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
PO2
1 point , S
PO3
Policies on governance issues
Does the entity have a policy or policies on governance issues?
Yes
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
PO3
1 point , G
ReportingRP1
ESG Reporting
Does the entity disclose its ESG actions and/or performance?
Yes
Select all applicable options (multiple answers possible)
Integrated Report*
*Integrated Report must be aligned with the IIRC framework
Select the applicable reporting level
Group
Investment manager or business unit
Entity
Is this disclosure third-party reviewed?
Yes
Externally checked
Externally verified
using Scheme name
Externally assured
using Scheme name
No
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
Stand-alone sustainability report(s)
Select the applicable reporting level
Group
Investment manager or business unit
Entity
Aligned with third-party standard Guideline name
Is this disclosure third-party reviewed?
Yes
Externally checked
Externally verified
using Scheme name
Externally assured
using Scheme name
No
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
Section in Annual Report
Select the applicable reporting level
Group
Investment manager or business unit
Entity
Aligned with third-party standard Guideline name
Is this disclosure third-party reviewed?
Yes
Externally checked
Externally verified
using Scheme name
Externally assured
using Scheme name
No
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
Dedicated section on website
Select the applicable reporting level
Group
Investment manager or business unit
Entity
URL____________
Indicate where in the evidence the relevant information can be found____
Entity reporting to investors
Frequency of reporting: ____________
Aligned with third-party standard Guideline name
Is this disclosure third-party reviewed?
Yes
Externally checked
Externally verified
using Scheme name
Externally assured
using Scheme name
No
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
Other: ____________
Select the applicable reporting level
Group
Investment manager or business unit
Entity
Aligned with third-party standard Guideline name
Is this disclosure third-party reviewed?
Yes
Externally checked
Externally verified
using Scheme name
Externally assured
using Scheme name
No
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
RP1
3 points , G
RP2.1
ESG incident monitoring
Does the entity have a process to monitor and communicate ESG-related misconduct, penalties, incidents, accidents or breaches against the codes of conduct/ethics?
Yes
The process includes external communication of misconduct, penalties, incidents or accidents to (multiple answers possible):
Clients/customers
Community/public
Contractors
Employees
Investors/shareholders
Regulators/government
Special interest groups
Suppliers
Other stakeholders: ____________
Describe the communication process (for reporting purposes only) (maximum 250 words)
________________________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
* The information in RP2.1 and RP2.2 may be used as criteria for the recognition of 2021 Sector Leaders
RP2.1
1.5 points , G
RP2.2
ESG incident ocurrences
Has the entity been involved in any ESG-related misconduct, penalties, incidents, accidents breaches against the codes of conduct/ethics in the reporting period?
(For reporting purposes only)
Yes
Specify the total number of cases that occurred: ____________
Specify the total value of fines and/or penalties incurred (must align with currency selected in RC1)
________________________
Specify the total number of currently pending investigations: ____________
Provide additional context for the response, focusing on the three most serious incidents
________________________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
* The information in RP2.1 and RP2.2 may be used as criteria for the recognition of 2021 Sector Leaders
RP2.2
Not scored , G
Risk ManagementRM1.1
ESG due diligence for new acquisitions
Does the entity have a process to formally address ESG risks and/or opportunities in its pre-investment processes?
Yes
Select elements of the pre-investment process (multiple answers possible)
ESG risks and opportunities are identified (relating to the material issues) are identified
ESG risks are analysed
ESG risks are evaluated and treated
ESG risks and opportunities are considered and can impact the investment decision
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
RM1.1
5.9 points , G
RM1.2
ESG risks and opportunities in investment monitoring processes/asset management
Does the entity formally address ESG risks and/or opportunities in its investment monitoring processes/asset management?
Yes
Elements of the investment process including ESG factors:
Integrate ESG risks and/or opportunities into business plans
Describe how and which ESG risks and/or opportunities are treated or mitigated, and which tools are used: (maximum 250 words)
________________________
Regular review of ESG risks and/or opportunities
Describe how and which ESG risks and/or opportunities are regularly reviewed, and which tools are used: (maximum 250 words)
________________________
Externally report or communicate ESG risks and/or opportunities
Describe how and which ESG risks and/or opportunities are reported or communicated externally, and which tools are used: (maximum 250 words)
________________________
Who are the risks and/or opportunities communicated to:
Community/public
Investors
Regulators/government
Special interest groups
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
RM1.2
5.9 points , G
RM2
Resilience of strategy to climate-related risks
Does the entity’s strategy incorporate resilience to climate-related risks?
Yes
Describe the resilience of the organization’s strategy.
________________________
Does the process of evaluating the resilience of the entity’s strategy involve the use of scenario analysis?
Yes
Select the scenarios that are used (multiple answers possible)
Transition scenarios
IEA SDS
IEA B2DS
IEA NZE2050
IPR FPS
NGFS Current Policies
NGFS Nationally determined contributions
NGFS Immediate 2C scenario with CDR
NGFS Immediate 2C scenario with limited CDR
NGFS Immediate 1.5C scenario with CDR
NGFS Delayed 2C scenario with limited CDR
NGFS Delayed 2C scenario with CDR
NGFS Immediate 1.5C scenario with limited CDR
SBTi
TPI
Other
____________
Physical scenarios
RCP2.6
RCP4.5
RCP6.0
RCP8.5
Other
____________
No
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
New
Not scored , G
RM3.1
Transition risk identification
Does the entity have a systematic process for identifying transition risks that could have a material financial impact on the entity?
Yes
Select the elements covered in the risk identification process (multiple answers possible)
Policy and legal
Has the process identified any risks in this area?
Yes
Select the risk(s) to which the entity is exposed (multiple answers possible)
Increasing price of GHG emissions
Enhancing emissions-reporting obligations
Mandates on and regulation of existing products and services
Exposure to litigation
Other
____________
No
Technology
Has the process identified any risks in this area?
Yes
Select the risk(s) to which the entity is exposed (multiple answers possible)
Substitution of existing products and services with lower emissions options
Unsuccessful investment in new technologies
Costs to transition to lower emissions technology
Other
____________
No
Market
Has the process identified any risks in this area?
Yes
Select the risk(s) to which the entity is exposed (multiple answers possible)
Changing customer behavior
Uncertainty in market signals
Increased cost of raw materials
Other
____________
No
Reputation
Has the process identified any risks in this area?
Yes
Select the risk(s) to which the entity is exposed (multiple answers possible)
Shifts in consumer preferences
Stigmatization of sector
Increased stakeholder concern or negative stakeholder feedback
Other
____________
No
Provide applicable evidence (optional)
or URL____________
Indicate where in the evidence the relevant information can be found____
Describe the entity’s processes for prioritizing transition risks.
________________________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
New
Not scored , G
RM3.2
Transition risk impact assessment
Does the entity have a systematic process to assess the material financial impact of transition risks on the business and/or financial plannings of the entity?
Yes
Select the elements covered in the impact assessment process (multiple answers possible)
Policy and legal
Has the process concluded that there were any material impacts to the entity in this area?
Yes
Indicate which impacts are deemed material to the entity (multiple answers possible)
Increased operating costs
Write-offs, asset impairment and early retirement of existing assets due to policy changes
Increased costs and/or reduced demand for products and services resulting from fines and judgments
Other
____________
No
Technology
Has the process concluded that there were any material impacts to the entity in this area?
Yes
Indicate which impacts are deemed material to the entity (multiple answers possible)
Write-offs and early retirement of existing assets
Reduced demand for products and services
Research and development (R&D) expenditures in new and alternative technologies
Capital investments in technology development
Costs to adopt/deploy new practices and processes
Other
____________
No
Market
Has the process concluded that there were any material impacts to the entity in this area?
Yes
Indicate which impacts are deemed material to the entity (multiple answers possible)
Reduced demand for goods and services due to shift in consumer preferences
Increased production costs due to changing input prices and output requirements
Abrupt and unexpected shifts in energy costs
Change in revenue mix and sources, resulting in decreased revenues
Re-pricing of assets
Other
____________
No
Reputation
Has the process concluded that there were any material impacts to the entity in this area?
Yes
Indicate which impacts are deemed material to the entity (multiple answers possible)
Reduced revenue from decreased demand for goods/services
Reduced revenue from decreased production capacity
Reduced revenue from negative impacts on workforce management and planning
Reduction in capital availability
Other
____________
No
Provide applicable evidence (optional)
or URL____________
Indicate where in the evidence the relevant information can be found____
Describe how the entity’s processes for identifying, assessing, and managing transition risks are integrated into its overall risk management.
________________________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
New
Not scored , G
RM3.3
Physical Risk Identification
Does the entity have a systematic process for identifying physical risks that could have a material financial impact on the entity?
Yes
Select the elements covered in the risk identification process (multiple answers possible)
Acute hazards
Has the process identified any acute hazards to which the entity is exposed?
Yes
Indicate to what factor(s) the entity is exposed (multiple answers possible)
Extratropical storm
Flash flood
Hail
River flood
Storm surge
Tropical cyclone
Other
____________
No
Chronic stressors
Has the process identified any chronic stressors to which the entity is exposed?
Yes
Indicate to what factor(s) the entity is exposed (multiple answers possible)
Drought stress
Fire weather stress
Heat stress
Precipitation stress
Rising mean temperatures
Rising sea levels
Other
____________
No
Provide applicable evidence (optional)
or URL____________
Indicate where in the evidence the relevant information can be found____
Describe the entity’s processes of prioritizing physical risks.
________________________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
New
Not scored , G
RM3.4
Physical risk impact assessment
Does the entity have a systematic process for the assessment of material financial impact from physical climate risks on the business and/or financial plannings of the entity?
Yes
Select the elements covered in the impact assessment process (multiple answers possible)
Direct impacts
Has the process concluded that there are material impacts to the entity?
Yes
Indicate which impacts are deemed material to the entity (multiple answers possible)
Increased capital costs
Other
____________
No
Indirect impacts
Has the process concluded that there are material impacts to the entity?
Yes
Indicate which impacts are deemed material to the entity (multiple answers possible)
Increased insurance premiums and potential for reduced availability of insurance on assets in “high-risk” locations
Increased operating costs
Reduced revenue and higher costs from negative impacts on workforce
Reduced revenue from decreased production capacity
Reduced revenues from lower sales/output
Write-offs and early retirement of existing assets
Other
____________
No
Provide applicable evidence (optional)
or URL____________
Indicate where in the evidence the relevant information can be found____
Describe how the entity’s processes for identifying, assessing, and managing physical risks are integrated into its overall risk management.
________________________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
New
Not scored , G
Stakeholder EngagementSE1
Employee engagement program
Does the entity have an employee engagement program?
Yes
Select all applicable options (multiple answers possible)
Development of action plan
Feedback sessions with Senior Management Team
Feedback sessions with separate teams/departments
Focus groups
Implementation
Planning and preparation for engagement
Program review and evaluation
Training
Other: ____________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
SE1
1 point , S
SE2
Employee training
Does the entity provide training and development for employees?
Yes
Percentage of employees who received professional training in the reporting year
________________________
Percentage of employees who received ESG-related training in the reporting year
________________________
ESG-related training focuses on the following elements (multiple answers possible)
Environmental issues
Social issues
Governance issues
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
SE2
1 point , S
SE3
Employee satisfaction monitoring
Has the entity undertaken an employee satisfaction survey during the last three years?
Yes
The survey is undertaken (multiple answers possible)
Internally
Percentage of employees covered: ____________%
Survey response rate: ____________%
By an independent third party
Percentage of employees covered: ____________%
Survey response rate: ____________%
The survey includes quantitative metrics
Yes
Metrics include
Net Promoter Score
Overall satisfaction score
Other: ____________
No
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
SE3
1 point , S
SE4
Inclusion & diversity
Does the entity report on inclusion and diversity?
Yes
Diversity of the entity’s governance bodies
Select all diversity metrics (multiple answers possible)
Age group distribution
Board tenure
Gender pay gap
Gender ratio
Percentage of employees that identify as:
Women: ____________%
Men: ____________%
International background
Racial diversity
Socioeconomic background
Diversity of the organization's employees
Select all diversity metrics (multiple answers possible)
Age group distribution
Percentage of employees that are:
Under 30 years old: ____________%
Between 30 and 50 years old: ____________%
Over 50 years old: ____________%
Gender pay gap
Gender ratio
Percentage of employees that identify as:
Women: ____________%
Men: ____________%
International background
Racial diversity
Socioeconomic background
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
SE4
1 point , S