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 2023 reporting period on April 1 and the official release of the 2023 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 2021 Real Estate benchmark covers more than 1,800 property companies, real estate investment trusts (REITs), funds, and developers. Our coverage for Infrastructure is more than 700 infrastructure funds and assets. Combined, GRESB represents USD 8.6 trillion AUM. More than 170 institutional investors, with over USD 51 trillion AUM, use GRESB data to monitor their investments, engage with their managers, and make decisions that lead to a more sustainable real asset industry.
For more information, visit gresb.com. Follow GRESB on LinkedIn or @GRESB on Twitter.
For 2023, the structure of the Infrastructure Assessments has been kept relatively stable with few changes. We will continue to review our move to shift the emphasis and scoring of the assessment from management and transparency to performance.
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, 2023. The submission deadline is July 1, 2023, 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 2023, as we did in 2022, 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.
A Response Check is a high-level check of a participant’s submission. The Response Check is carried out by GRESB’s third party validation provider SRI and features a careful review of your Assessment response followed by a 1-hour discussion call. It can be particularly useful for first time participants.
The Response Check does not exclude the participant from any element of the validation process, nor does it guarantee a better GRESB score. It is intended to ensure that no important details have been overlooked in the submission and provides the opportunity to ask for additional guidance and clarification on the GRESB Assessment indicators. The Response Check helps reduce errors that may adversely impact Assessment results and identifies inconsistent responses and incorrect answer formats.
The Response Check is available for request from April 1 to June 1, 2022 subject to resource availability. We strongly encourage participants to place their request as early as possible. The Response Check can be requested before the Assessment has been completed, but the scope of the review will be limited to the information filled in at the time of the request.
The 2023 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 2023. Starting April 1, 2023, guidance is also available in the GRESB Portal through pop-up fields next to each indicator. The GRESB customer support service is open year round.
2022 has been a transition year to establish the new GRESB Standards Development Process and for the GRESB Foundation to take on responsibility for setting the GRESB Standards. The key objectives for the 2023 Standards changes were to:
In line with the process outlined in the new Standards Development Process (see the GRESB Standards Development Process), the GRESB Foundation work began with a series of meetings in Q2 2022 to conduct the strategic review and prioritization exercise of the key ESG themes identified as most material by the GRESB stakeholders. This year, the Foundation focused more specifically on the ESG Issues outlined in the GRESB Vision.
PO1 |
Policies on environmental issues - Net Zero policyBackground and Purpose: Net Zero was consistently identified as a key topic throughout the prioritization process for the 2023 Standards. The GRESB Foundation deemed the existence of Net Zero policy an important element of this update, without imposing a single definition of Net Zero. As with other policies in the Standard, this change does not assess the content of the policy but instead rewards the internal commitment to Net Zero shown by establishing a policy. Description of Change: Introduction of a dedicated section in indicator PO1 Policy on environmental issues addressing the existence of Net Zero policy (see indicator below). Scoring Impact: The overall scoring weight of indicator PO1 remains constant.The new section carries a dedicated scoring weight of 0.33 points redistributed from the section relating to other environmental issues, now worth 0.67 points. Reporting Impact: Net Zero policy is subject to the same reporting requirements as policies for other environmental issues. Demonstrating the existence of a valid Net Zero policy is a requirement for participants to obtain the related points. Indicator PO1 is not prefilled in 2023. |
LE1 |
ESG leadership commitments - Net Zero commitmentsBackground and Purpose: Net Zero was consistently identified as a key topic throughout the prioritization process for the 2023 Standards. The GRESB Foundation deemed making a public Net Zero commitment to a third party initiative an important element of this update as it demonstrates action and disclosure towards this topic. As with other commitments in the Standards, this change does not assess the content of the commitment but instead rewards the intention shown by making a public Net Zero commitment. Description of Change: The scope of indicator LE1 ESG Leadership Commitments is expanded to include a Net Zero commitments-specific section. This new section includes a check list of predefined Net Zero commitments (see indicator below) as well as an ‘Other’ option for relevant commitments not on this list. Scoring Impact: The indicator has the same overall score of 1.1 points. The new section has a dedicated score worth 0.22 point and the rest of the indicator is reweighted to 0.88 point. Reporting Impact: Net Zero commitments are subject to the same reporting requirements as general ESG commitments. Participants are required to provide a hyperlink to corroborate the existence of their Net Zero commitment(s). There is no one definition or methodology for making a Net Zero commitment, as long as it relates to an existing third party standard or principle related to Net Zero. LE1 is not prefilled in 2023. |
LE3 |
Individual responsible for ESG, climate-related, and/or DEI objectives - DEI GovernanceBackground and Purpose: The GRESB Foundation recognizes the importance of strengthening social issues in the Standards and this year DEI emerged as a priority from surveys of GRESB members. The initial focus for DEI is on the efforts made by organizations in this space, including DEI Governance. Description of Change: A new section is added to indicators LE3 Individual responsible for ESG and/or climate-related objectives and LE4 ESG and/or climate-related senior decision-maker to address DEI governance, covering the same elements as previously covered in the indicators in relation to climate governance. Scoring Impact: The overall score for indicators LE3 and LE4 remains unchanged at 1.1 points for LE3 and 1.5 points for LE4. The new sections related to DEI governance have a dedicated score of 0.22 points for LE3 and 0.3 points for LE4. Reporting Impact: Participants are required to have a dedicated employee for whom DEI is a core responsibility to score full points in the new section in LE3, and have a senior decision maker accountable for DEI to score full points in the new section in LE4. Indicators LE3 and LE4 are not prefilled in 2023. |
LE4 |
ESG, climate-related, and/or DEI senior decision-maker - DEI GovernanceBackground and Purpose: The GRESB Foundation recognizes the importance of strengthening social issues in the Standards and this year DEI emerged as a priority from surveys of GRESB members. The initial focus for DEI is on the efforts made by organizations in this space, including DEI Governance. Description of Change: A new section is added to indicators LE3 Individual responsible for ESG and/or climate-related objectives and LE4 ESG and/or climate-related senior decision-maker to address DEI governance, covering the same elements as previously covered in the indicators in relation to climate governance. Scoring Impact: The overall score for indicators LE3 and LE4 remains unchanged at 1.1 points for LE3 and 1.5 points for LE4. The new sections related to DEI governance have a dedicated score of 0.22 points for LE3 and 0.3 points for LE4. Reporting Impact: Participants are required to have a dedicated employee for whom DEI is a core responsibility to score full points in the new section in LE3, and have a senior decision maker accountable for DEI to score full points in the new section in LE4. Indicators LE3 and LE4 are not prefilled in 2023. |
RM3.3 |
Physical risk identification - Physical Climate Risk (PCR)Background and Purpose: PCR was identified as a priority topic by GRESB members and it is a critical aspect of the widely adopted reference framework TCFD, to which the GRESB Standard seeks continuous alignment to. The GRESB Foundation made PCR a focus of work this year by strengthening the prominence of existing content, with more research and development to follow for future years in this subject area. Description of Change: Introduction of scoring to existing indicators RM3.3 Physical risk identification and RM3.4 Physical risk impact assessment. No impact on the underlying content of those indicators. Scoring Impact: Indicators RM3.3 and RM3.4 are now worth 0.5 points each. Scoring weight is redistributed within the Risk Management aspect of the Standard. Reallocation of scoring weight from other indicators is based on reporting behavior analysis assessing to what extent indicators are no longer key differentiators between participants (see full reallocation below). Reporting Impact: Participants are required to conduct PCR identification (RM3.3) and PCR impact assessment (RM3.4) to score full points. Evidence upload is required to complete the indicators. RM3.3 and RM3.4 are not prefilled in 2023. |
RM3.4 |
Physical risk impact assessment - Physical Climate Risk (PCR)Background and Purpose: PCR was identified as a priority topic by GRESB members and it is a critical aspect of the widely adopted reference framework TCFD, to which the GRESB Standard seeks continuous alignment to. The GRESB Foundation made PCR a focus of work this year by strengthening the prominence of existing content, with more research and development to follow for future years in this subject area. Description of Change: Introduction of scoring to existing indicators RM3.3 Physical risk identification and RM3.4 Physical risk impact assessment. No impact on the underlying content of those indicators. Scoring Impact: Indicators RM3.3 and RM3.4 are now worth 0.5 points each. Scoring weight is redistributed within the Risk Management aspect of the Standard. Reallocation of scoring weight from other indicators is based on reporting behavior analysis assessing to what extent indicators are no longer key differentiators between participants (see full reallocation below). Reporting Impact: Participants are required to conduct PCR identification (RM3.3) and PCR impact assessment (RM3.4) to score full points. Evidence upload is required to complete the indicators. RM3.3 and RM3.4 are not prefilled in 2023. |
RM3.1 |
Transition risk identification - Transition Risk (TR)Background and Purpose: Alongside PCR, TR is a critical aspect of the widely adopted reference framework TCFD, to which the GRESB Standard seeks continuous alignment. As both TR and PCR are treated similarly in the Standard, the GRESB Foundation also focused on strengthening the prominence of existing content relating to TR. Description of Change: Introduction of scoring to existing indicators RM3.1 Transition risk identification and RM3.2 Transition risk impact assessment. No impact on the underlying content of those indicators. Scoring Impact: Indicators RM3.1 and RM3.2 are now worth 0.5 points each. Scoring weight is redistributed within the Risk Management aspect of the Standard. Reallocation of scoring weight from other indicators is based on reporting behavior analysis assessing to what extent indicators are no longer key differentiators between participants (see full reallocation below). Reporting Impact: Participants are required to conduct TR identification (RM3.1) and TR impact assessment (RM3.2) to score full points. Evidence upload is required to complete the indicators. RM3.1 and RM3.2 are not prefilled in 2023. |
RM3.2 |
Transition risk impact assessment - Transition Risk (TR)Background and Purpose: Alongside PCR, TR is a critical aspect of the widely adopted reference framework TCFD, to which the GRESB Standard seeks continuous alignment. As both TR and PCR are treated similarly in the Standard, the GRESB Foundation also focused on strengthening the prominence of existing content relating to TR. Description of Change: Introduction of scoring to existing indicators RM3.1 Transition risk identification and RM3.2 Transition risk impact assessment. No impact on the underlying content of those indicators. Scoring Impact: Indicators RM3.1 and RM3.2 are now worth 0.5 points each. Scoring weight is redistributed within the Risk Management aspect of the Standard. Reallocation of scoring weight from other indicators is based on reporting behavior analysis assessing to what extent indicators are no longer key differentiators between participants (see full reallocation below). Reporting Impact: Participants are required to conduct TR identification (RM3.1) and TR impact assessment (RM3.2) to score full points. Evidence upload is required to complete the indicators. RM3.1 and RM3.2 are not prefilled in 2023. |
T1 |
Net Zero Targets - Net Zero targetsBackground and Purpose: Net Zero was consistently identified as a key topic throughout the prioritization process for the 2023 Standards. The GRESB Foundation deemed setting a Net Zero target an important element of this update as it demonstrates a key aspect of an entity’s plan to reach Net Zero. Details relating to the characteristics of Net Zero targets are included in this change, but they are not assessed. The GRESB Foundation will carry out further work to assess if a single definition of Net Zero can be developed to enable the assessment of the characteristics of Net Zero targets.”. Description of Change: Newly developed indicator T1 Net Zero Targets allows participants to report a target aligned with Net Zero. The indicator collects several underlying characteristics of the target (see indicator below). The indicator includes an open text-box allowing participants to provide qualitative supporting information regarding the strategy to achieve the target. Scoring Impact: No impact on scoring. Reporting Impact:Participants are required to report on all underlying characteristics of their Net Zero target. |
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
Legal Entity Identifier (optional): ____________
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 or lend to any asset investments?
Yes
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
RC6
LE1
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: ____________
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
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
UN Global Compact Our Only Future
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: ____________
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
Formal social issue-specific commitments (multiple answers possible)
Commitments that are publicly evidenced and oblige the organization to take action (multiple answers possible).
40:40 Vision
Other: ____________
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: ____________
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
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____
Net Zero Commitments (multiple answers possible)
Net Zero Asset Managers initiative: Net Zero Asset Managers Commitment
PAII Net Zero Asset Owner Commitment
Science Based Targets initiative: Net Zero Standard commitment
The Climate Pledge
Transform to Net Zero
UN-convened Net-Zero Asset Owner Alliance
UNFCCC Climate Neutral Now Pledge
WorldGBC Net Zero Carbon Buildings Commitment
Other: ____________
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, climate-related, and/or DEI objectives
Does the entity have one or more persons responsible for implementing ESG, climate-related, and/or DEI 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: ____________
DEI
Select the persons responsible (multiple answers possible)
Dedicated employee for whom DEI is the core responsibility
Provide the details for the most senior of these employees:
Name: ____________
Job title: ____________
Employee for whom DEI 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: ____________
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
LE3
1.1 points , G
LE4
ESG, climate-related and/or Diversity, Equity and Inclusion (DEI) senior decision maker
Does the entity have a senior decision-maker accountable for ESG, climate-related, and/or DEI 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/Senior management
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/Senior management
Fund/portfolio managers
Investment committee
Other: ____________
DEI
Provide the details for the most senior decision-maker on DEI:
Name: ____________
Job title: ____________
The individual's most senior role is as part of:
Board of directors
C-suite level staff/Senior management
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/Senior management
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/Senior management
Dedicated staff on ESG issues
ESG managers
External managers or service providers
Fund/portfolio managers
Investment analysts
Investment committee
Investor relations
Other: ____________
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
No
Provide additional context for the answer provided (not validated, for reporting purposes only)
________________________
LE5
1.5 points , G
PO1
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____
Does the entity have a policy to address Net Zero?
Yes
Provide applicable evidence
or URL____________
Indicate where in the evidence the relevant information can be found____
No
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
T1
Net Zero Targets
Does the entity have a GHG emissions reduction target aligned with Net Zero?
Yes
Target baseline year
Target end year
Select the scope of the Net Zero target:
Scope 1+2 (location-based)
Scope 1+2 (market-based)
Scope 1+2 (location-based) + Scope 3
Scope 1+2 (market-based) + Scope 3
Is the target aligned with a Net Zero target-setting framework?
Yes
Net Zero target-setting framework: ____________
No
Is the target science-based?
Yes
No
Is the target validated by a third party?
Yes
Validated by: ____________
No
Does the Net Zero target include an interim target?
Yes
Interim target: ____________%
Interim target year
No
Is the target publicly communicated?
Yes
Provide applicable hyperlink
URL____________
Indicate where in the evidence the relevant information can be found____
No
Explain the methodology used to establish the target and communicate the entity’s plans/intentions to achieve it (e.g. energy efficiency, renewable energy generation and/or procurement, carbon offsets, anticipated budgets associated with decarbonizing assets, acquisition/disposition activities, etc.) (maximum 500 words)
________________________
No
NEW
Not scored , E
RP1
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 2022 Sector Leaders
RP2.1
1.5 points , G
RP2.2
ESG incident occurrences
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 2022 Sector Leaders
RP2.2
Not scored , G
RM1.1
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
4.9 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
4.9 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
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)
________________________
RM3.1
0.5 points , 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
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)
________________________
RM3.2
0.5 points , 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
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)
________________________
RM3.3
0.5 points , 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
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)
________________________
RM3.4
0.5 points , G
SE1
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