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2020

Asset

Scoring Document

Contents

Disclaimer: 2020 GRESB Infrastructure Assessments

This document was prepared in response to industry feedback and discloses the detailed scoring methodology for all indicators of the 2020 Infrastructure Asset Assessment. The Scoring Document is shared for information purposes in an effort to increase transparency around the Assessment, Methodology and Scoring processes. GRESB reserves the right to make edits to this document during the scoring and analysis period preceding the 2020 results launch.

Introduction

This document outlines the scoring methodology of the 2020 Infrastructure Asset Assessment. It is shared for information purposes, to provide transparency on the Assessment, Methodology and Scoring processes.

How to read this document

This document provides a breakdown of how each indicator is scored in the 2020 GRESB Infrastructure Asset Assessment. We recommend reading it in conjunction with the Reference Guide, which includes the reporting requirements and validation details for indicators.

Please note the following:

Scoring Methodology

Asset Scoring

The sum of the scores for all indicators adds up to a maximum of 100 points, therefore the overall GRESB Score - Infrastructure Asset is an absolute measure of ESG management and performance expressed as a percentage.

The GRESB Infrastructure Asset Assessment is split into two components namely, the Management Component and Performance Component. The overall GRESB Score - Infrastructure Asset is the sum of the Management Score - Infrastructure Asset and the Performance Score - Infrastructure Asset:

GRESB Score = Management Score + Performance Score

GRESB Rating

The GRESB Rating is an overall relative measure of ESG management and performance of the asset.

The calculation of the GRESB Rating is based on the GRESB Score and its quintile position relative to the GRESB universe, with annual calibration of the model. If the participant is placed in the top quintile, it will have a GRESB 5‑star rating; if it ranks in the bottom quintile, it will have a GRESB 1‑star rating, etc.

Materiality-based Scoring

GRESB uses Materiality‑based scoring across the Asset Assessment. This process applies the well proven process of materiality assessment to scoring ensuring that all assets are assessed and scored based on the ESG issues that are most material to their circumstances.

The materiality-based scoring process is illustrated in the diagram below.

Materiality Factors

The first part of the process is contained within the GRESB Materiality Assessment indicator (RC7). In this indicator, a set of 15 simple questions relating to Materiality factors are answered using simple drop down selections. For six of the factors, answers are drawn from other indicators RC2, RC3 and RC5. These factors include for example the primary sector of the asset, its primary location, whether it is on contaminated land, and the number of customers it serves. See the GRESB Materiality Assessment indicator (RC7) for details of the materiality factors and their associated questions and answers.

ESG Issues

There are 46 ESG issues in the Asset Assessment (14 Environmental, 16 Social and 16 Governance). Each of the materiality factors is associated with one or more ESG issues, so that as the factor questions are answered, the materiality of the ESG issues is determined. Note that the materiality is fixed for seven of the 46 ESG issues (i.e. they are unaffected by the Materiality factors). There are four possible materiality levels that can be assigned to ESG issues, and these directly translate to a scoring weighting in the Assessment, as follows:

Materiality Weighting
No relevance 0
Low relevance 0
Medium relevance 1
High relevance 2

Management Component

For the Management Component, the aspects of Policies (and its three indicators) and Risk management (with its six indicators) all apply materiality-based scoring. These indicators uses the standard list of (46) Environmental, Social or Governance issues and are scored based on how many of the material issues are addressed. Consider for example, the indicator ‘Policies on environmental issues’ (PO1). Each of the 14 standard Environmental issues will receive a materiality weighting from the GRESB Materiality Assessment.

Performance Component

For the Performance Component, most aspects apply materiality-based scoring (only Implementation, Output & Impact and Certification & Awards aspects do not). Thus 14 indicators are affected. These indicators each address one specific ESG issue, so the materiality weightings from the GRESB Materiality Assessment apply directly to the weighting of each whole indicator. Indicators relating to ESG issues of High relevance are weighted highly, and Medium relevance moderately. Indicators relating to issues of No or Low relevance are not scored. The weighting of the material (scored) indicators is automatically redistributed to ensure that the Performance Component retains its overall weighting of 50% of the Asset Assessment. Using the earlier example of an Asset with a primary sector of ‘Renewable power: Solar power generation’ - in this case the Air pollution indicator will not be scored and more weight will be given to material indicators (like Energy). Thus materiality-based scoring brings the focus tightly onto only the material ESG issues and minimises reporting burden for participants.

The Materiality Tool

Whilst the GRESB Materiality Assessment and the whole materiality-based scoring process are straight forward to understand and apply, some participants may want to understand them, and how they apply to their situation, in more detail. GRESB provides an Excel based GRESB Materiality & Scoring Tool: for this purpose. This tool duplicates the materiality-based scoring process embedded in the portal but in an easier and more transparent layout. In addition, the tool provides the ability for participants to record their own view of materiality for each issue and provide associated justification for feedback to GRESB in future refinement of materiality-based scoring. Completed feedback should be sent to the GRESB via the contact form. The tool also contains a ‘Materiality Matrix’ and a ‘Sector Determined’ matrix that transparently link each Materiality factor answer to the relevance for the associated ESG issues. Finally, the tool contains a Scoring and Weighting sheet that shows how indicator weightings are modified by the materiality-based scoring.

Scoring Weightings

The Management component is made up of 5 Aspects, whilst the Performance component consists of 12. The Asset Assessment contains 47 indicators with the exclusion of Entity & Reporting Characteristics. The below weights apply for 2020.

Indicator Scoring

The following is a scoring overview of indicators in the 2020 Infrastructure Asset Assessment. Some general remarks and notes on the structure of indicators:

There are four models used within indicators for scoring:

Note that selection of the 'Yes/No' responses in relation to the indicator question, will no longer be scored in 2020

The overall outcome of these models is to generate a fractional score (i.e. between zero and one) which is then multiplied by the indicator weighting (maximum score) to generate the score for the indicator.

Section One (Elements)

Every scored indicator begins with this section which can receive a fractional score (i.e. between zero and one), determined by selections made in checkboxes and radio buttons, and answers provided in open text boxes. Based upon these inputs, fractional scores are calculated using either an aggregated fractions or a diminishing increase in scoring methodology.

Aggregated scoring: For indicators where one or more answers can be selected, fractional scores are awarded cumulatively for each individual selected answer and then aggregated to calculate a final fractional score for the section. In some cases, each checkbox answer may be equally weighted and in others, each checkbox answer may be assigned a higher or lower fractional score each, to reflect best practice responses. For many indicators, the final fractional score is capped at a maximum, which means that it is not necessary to select all checkbox answers in order to receive full points.

Materiality-based scoring: These indicators are similar to Aggregated points, where points are awarded cumulatively for each individual selected answer and then aggregated to calculate a final score for the indicator. Where materiality-based scoring applies, each checkbox answer is weighted to reflect the materiality of the relevant ESG issue, as determined by the GRESB Materiality Assessment.

Diminishing increase in scoring: The idea behind this concept is that the fractional score achieved for each additional data point provided decreases as the number of provided data points increases. This means that the fractional score achieved for the first data point will be higher than the fractional score achieved for the second, which again will be higher than for the third, and so on.

If an indicator is a One Section indicator, the score calculated in this section will also be its final score.

Section 2 (Evidence)

Some indicators include an evidence section to verify information provided in section 1 (Elements). In these cases, the fractional score for the evidence section acts as a multiplier to the Section 1 score. As of 2020, evidence is always mandatory. Where evidence is mandatory it is scored as follows - zero (0) fractional points are given for providing no evidence or not-accepted evidence, 0.5 fractional points are given for providing partially accepted evidence and 1 fractional point is given for providing fully accepted evidence. To clarify, the indicator will receive zero score unless the hyperlink and/or uploaded document is considered valid (i.e. partially or fully accepted).

The final indicator score is then calculated as:

Indicator score = Indicator score = (Section 1 fractional score) X (Section 2 multiplier) X Indicator weighting

Example of indicator level scoring:

Example: LE6 indicator

3.55 points , G

This indicator is split into three sections represented by two fractions and an "x" in the far-left column. The first section addresses the predetermined financial consequences of performance targets and the employee group(s) to which they apply, and the second section covers the non-financial consequences.The final section allows for scoring of evidence. The far-left column tells us that the score for the indicator is calculated as follows; (where the section and evidence scores are all fractions between 0 and 1):

Indicator score = (Employee groups with financial consequences fractional score X 1) + (employee groups with non-financial consequences X 1/2) X evidence score X 3.55 points

If the respondent achieved the maximum fractional score for the second section, with partially accepted evidence (resulting in a multiplier of 0.5), the score would be:

(0 + 1/2) X 0.5 X 3.55 points = 0.89 points

If the respondent achieved maximum fractional score for the first section, with fully accepted evidence (resulting in a multiplier of 1), the score would be:

(1+0/2) X 1 X 3.55 points = 3.55 points

Management: Leadership

This aspect consists of 6 indicators (12.5% of the GRESB Score - Infrastructure Asset)

Leadership

2019 Indicator

1.8 points , G

This indicator is scored as a One Section Indicator. Evidence is not required. The score of this indicator is based on the materiality assessment i.) identifying material ESG issues assessed and ii.) engaging with stakeholders to identify material issues. Selecting both checkboxes is required in order to score maximum points.

Not scored , G

This indicator is not scored and is for reporting purposes only.

Objectives

2019 Indicator

3.55 points , G

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1:Fractional points are awarded to each objective type and then aggregated to calculate the final fractional score. It is not necessary to select all checkboxes in order to obtain the maximum score for this indicator. The objectives are not all assigned equal weights.

Section 2:‘Evidence’ is mandatory for this indicator. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. Non-publicly available evidence will score lower. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

1.8 points , G

This indicator is scored as a One Section Indicator. Evidence is not required. The score of this indicator is based on the level of responsibility of the selected person(s). Selecting all checkboxes is not required in order to score maximum points.

1.8 points , G

This indicator is scored as a One Section Indicator. Evidence is not required. Points are awarded based on the level of seniority of the responsible senior decision-maker. Checkboxes are equally weighted.

Other:Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

3.55 points , G

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1:Fractional points are awarded depending on the participant having i.) financial or non-financial consequence of ESG targets and ii.) the selected group(s) of employees. Employee groups are not equally scored. Fractional points are then aggregated to calculate the indicator’s final score. It is not necessary to select all checkboxes to receive maximum points.

Other:Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Section 2:‘Evidence’ is mandatory for this indicator. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

Management: Policies

This aspect consists of 3 indicators (5.4% of the GRESB Score - Infrastructure Asset)

Policies

2019 Indicator

1.8 points , E

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1: For section 1 of the indicator, fractional points are awarded depending on the participant selecting the issues deemed material by the GRESB Materiality Assessment (see output in RC7 which will automatically populate once the indicators RC3 and RC7 of the Asset Assessment have been fully completed). It is therefore not necessary to select all checkboxes to receive maximum points. Fractional points are then aggregated to calculate the indicator’s final score.

Other: Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Materiality-based scoring: This indicator applies materiality-based scoring. Specific materiality weightings are assigned to the entity for each ESG issue in the GRESB Materiality Assessment indicator (RC7). The weightings are set at one of four levels for each of the ESG issues: No Relevance, Low Relevance, Medium Relevance, and High Relevance. Where an issue is of 'No relevance' or ‘Low relevance’ then the issue is not considered in scoring (i.e. there is no impact on score whether or not the issue is addressed). If an issue is of 'Medium relevance' then the issue counts towards the score with ‘medium’ weighting. If an issue is of 'High relevance' then the issue counts towards the score with ‘high’ weighting.

All issues of “Medium relevance” and “High relevance” need to be selected and addressed in the evidence to obtain the maximum score. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Section 2: ‘Evidence’ is mandatory for this indicator. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

1.8 points , S

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1: Fractional points are awarded depending on the participant selecting the issues deemed material by the GRESB Materiality Assessment (see output in RC7 which will automatically populate once the indicators RC3 and RC7 of the Asset Assessment have been fully completed). It is therefore not necessary to select all checkboxes to receive maximum points. Fractional points are then aggregated to calculate the indicator’s final score.

Other: Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Materiality-based scoring: This indicator applies materiality-based scoring. Specific materiality weightings are assigned to the entity for each ESG issue in the GRESB Materiality Assessment indicator (RC7). The weightings are set at one of four levels for each of the ESG issues: No Relevance, Low Relevance, Medium Relevance, and High Relevance. Where an issue is of 'No relevance' or ‘Low relevance’ then the issue is not considered in scoring (i.e. there is no impact on score whether or not the issue is addressed). If an issue is of 'Medium relevance' then the issue counts towards the score with ‘medium’ weighting. If an issue is of 'High relevance' then the issue counts towards the score with ‘high’ weighting.

All issues of “Medium relevance” and “High relevance” need to be selected and addressed in the evidence to obtain the maximum score. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Section 2: ‘Evidence’ is mandatory for this indicator. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

1.8 points , G

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1: Fractional points are awarded depending on the participant selecting the issues deemed material by the GRESB Materiality Assessment (see output in RC7 which will automatically populate once the indicators RC3 and RC7 of the Asset Assessment have been fully completed). It is therefore not necessary to select all checkboxes to receive maximum points. Fractional points are then aggregated to calculate the indicator’s final score.

Other: Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Materiality-based scoring: This indicator applies materiality-based scoring. Specific materiality weightings are assigned to the entity for each ESG issue in the GRESB Materiality Assessment indicator (RC7). The weightings are set at one of four levels for each of the ESG issues: No Relevance, Low Relevance, Medium Relevance, and High Relevance. Where an issue is of 'No relevance' or ‘Low relevance’ then the issue is not considered in scoring (i.e. there is no impact on score whether or not the issue is addressed). If an issue is of 'Medium relevance' then the issue counts towards the score with ‘medium’ weighting. If an issue is of 'High relevance' then the issue counts towards the score with ‘high’ weighting.

All issues of “Medium relevance” and “High relevance” need to be selected and addressed in the evidence to obtain the maximum score. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Section 2: ‘Evidence’ is mandatory for this indicator. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

Management: Reporting

This aspect consists of 3 indicators (5.35% of the GRESB Score - Infrastructure Asset)

Reporting

2019 Indicator

3.55 points , G

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1: Fractional points are awarded to each disclosure method based on (1) reporting level, (2) alignment and (3) third-party review of the disclosure and fractional points are then aggregated to calculate the indicator’s final score. Disclosure methods are not equally scored. It is not necessary to select all reporting methods to receive maximum points.

Other: Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Section 2: ‘Evidence’ is mandatory for this indicator for each reporting method selected. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

1.8 points , G

This indicator is scored as a One Section Indicator. Evidence is not required. Fractional points are awarded based on the different selections of external stakeholders.

Other: Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Diminishing Increase in Score approach: As indicated by the blue line, some elements of this indicator are scored based on a Diminishing Increase in Score approach, per additional checkbox selected.

Open Text Box: :The open text box is not scored and is for reporting purposes only.

Not scored , G

This indicator is not scored and is used for reporting purposes only.

Management: Risk Management

This aspect consists of 7 indicators (19.6% of the GRESB Score - Infrastructure Asset)

Risk Management

2019 Indicator

3.55 points , G

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1:Consists of three sub-sections, i.) accreditation to a management standard(s) and ii.) alignment to a management standard(s) iii.) management system with no accreditation. Fractional points are awarded (equally) for each selected accreditation or alignment to a management standard and are then aggregated to calculate the total score for the section. No fractional points are awarded for having management system with no alignment to an EG-related management standard. Not all checkboxes need to be selected to receive full points. The checkboxes within each subsection are equally scored.

Diminishing Increase in Score approach:As indicated by the blue line, some elements of this indicator are scored based on a Diminishing Increase in Score approach, per additional checkbox selected.

Other:Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Section 2:‘Evidence’ is mandatory for this indicator. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

Risk Assessments

2019 Indicator

3.55 points , E

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1: For section 1 of the indicator, fractional points are awarded depending on the participant selecting the issues deemed material by the GRESB Materiality Assessment (see output in RC7 which will automatically populate once the indicators RC3 and RC7 of the Asset Assessment have been fully completed). It is therefore not necessary to select all checkboxes to receive maximum points. Fractional points are then aggregated to calculate the indicator’s final score.

Other:Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Materiality-based scoring: This indicator applies materiality-based scoring. Specific materiality weightings are assigned to the entity for each ESG issue in the GRESB Materiality Assessment indicator (RC7). The weightings are set at one of four levels for each of the ESG issues: No Relevance, Low Relevance, Medium Relevance, and High Relevance. Where an issue is of 'No relevance' or ‘Low relevance’ then the issue is not considered in scoring (i.e. there is no impact on score whether or not the issue is addressed). If an issue is of 'Medium relevance' then the issue counts towards the score with ‘medium’ weighting. If an issue is of 'High relevance' then the issue counts towards the score with ‘high’ weighting.

All issues of “Medium relevance” and “High relevance” need to be selected and addressed in the evidence to obtain the maximum score. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Section 2:‘Evidence’ is mandatory for this indicator. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

3.55 points , S

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1: For section 1 of the indicator, fractional points are awarded depending on the participant selecting the issues deemed material by the GRESB Materiality Assessment (see output in RC7 which will automatically populate once the indicators RC3 and RC7 of the Asset Assessment have been fully completed). It is therefore not necessary to select all checkboxes to receive maximum points. Fractional points are then aggregated to calculate the indicator’s final score.

Other:Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Materiality-based scoring: This indicator applies materiality-based scoring. Specific materiality weightings are assigned to the entity for each ESG issue in the GRESB Materiality Assessment indicator (RC7). The weightings are set at one of four levels for each of the ESG issues: No Relevance, Low Relevance, Medium Relevance, and High Relevance. Where an issue is of 'No relevance' or ‘Low relevance’ then the issue is not considered in scoring (i.e. there is no impact on score whether or not the issue is addressed). If an issue is of 'Medium relevance' then the issue counts towards the score with ‘medium’ weighting. If an issue is of 'High relevance' then the issue counts towards the score with ‘high’ weighting.

All issues of “Medium relevance” and “High relevance” need to be selected and addressed in the evidence to obtain the maximum score. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Section 2:‘Evidence’ is mandatory for this indicator. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

3.55 points , G

This indicator is scored as a Two Section Indicator (i.e. Section 1: 'Elements' response and, Section 2: 'Evidence' response).

Section 1: For section 1 of the indicator, fractional points are awarded depending on the participant selecting the issues deemed material by the GRESB Materiality Assessment (see output in RC7 which will automatically populate once the indicators RC3 and RC7 of the Asset Assessment have been fully completed). It is therefore not necessary to select all checkboxes to receive maximum points. Fractional points are then aggregated to calculate the indicator’s final score.

Other:Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Materiality-based scoring: This indicator applies materiality-based scoring. Specific materiality weightings are assigned to the entity for each ESG issue in the GRESB Materiality Assessment indicator (RC7). The weightings are set at one of four levels for each of the ESG issues: No Relevance, Low Relevance, Medium Relevance, and High Relevance. Where an issue is of 'No relevance' or ‘Low relevance’ then the issue is not considered in scoring (i.e. there is no impact on score whether or not the issue is addressed). If an issue is of 'Medium relevance' then the issue counts towards the score with ‘medium’ weighting. If an issue is of 'High relevance' then the issue counts towards the score with ‘high’ weighting.

All issues of “Medium relevance” and “High relevance” need to be selected and addressed in the evidence to obtain the maximum score. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Section 2:‘Evidence’ is mandatory for this indicator. Therefore, no points will be awarded unless the hyperlink and/or the uploaded document is considered valid, based on the evidence criteria stated above. The evidence is validated which determines a multiplier, according to the table below:

Evidence: The evidence is manually validated and assigned a multiplier, according to the table below. The evidence must support the validation requirements. If any requirements are not met, the evidence may be partially accepted or not accepted depending on the level of alignment with the requirements.

Validation status Score
Accepted 2/2
Partially accepted 1/2
Not accepted/not provided 0

ESG Monitoring

2019 Indicator

1.8 points , E

This indicator is scored as a One Section Indicator. Evidence is not required. Fractional points are awarded depending on the participant selecting the issues deemed material by the GRESB Materiality Assessment (see output in RC7 which will automatically populate once the indicators RC3 and RC7 of the Asset Assessment have been fully completed). It is therefore not necessary to select all checkboxes to receive maximum points. Fractional points are then aggregated to calculate the indicator’s final score.

Other:Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Materiality-based scoring: This indicator applies materiality-based scoring. Specific materiality weightings are assigned to the entity for each ESG issue in the GRESB Materiality Assessment indicator (RC7). The weightings are set at one of four levels for each of the ESG issues: No Relevance, Low Relevance, Medium Relevance, and High Relevance. Where an issue is of 'No relevance' or ‘Low relevance’ then the issue is not considered in scoring (i.e. there is no impact on score whether or not the issue is addressed). If an issue is of 'Medium relevance' then the issue counts towards the score with ‘medium’ weighting. If an issue is of 'High relevance' then the issue counts towards the score with ‘high’ weighting.

All issues of “Medium relevance” and “High relevance” need to be selected and addressed in the evidence to obtain the maximum score. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the Gresb Materiality & Scoring Tool.

1.8 points , S

This indicator is scored as a One Section Indicator. Evidence is not required. Fractional points are awarded depending on the participant selecting the issues deemed material by the GRESB Materiality Assessment (see output in RC7 which will automatically populate once the indicators RC3 and RC7 of the Asset Assessment have been fully completed). It is therefore not necessary to select all checkboxes to receive maximum points. Fractional points are then aggregated to calculate the indicator’s final score.

Other:Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Materiality-based scoring: This indicator applies materiality-based scoring. Specific materiality weightings are assigned to the entity for each ESG issue in the GRESB Materiality Assessment indicator (RC7). The weightings are set at one of four levels for each of the ESG issues: No Relevance, Low Relevance, Medium Relevance, and High Relevance. Where an issue is of 'No relevance' or ‘Low relevance’ then the issue is not considered in scoring (i.e. there is no impact on score whether or not the issue is addressed). If an issue is of 'Medium relevance' then the issue counts towards the score with ‘medium’ weighting. If an issue is of 'High relevance' then the issue counts towards the score with ‘high’ weighting.

All issues of “Medium relevance” and “High relevance” need to be selected and addressed in the evidence to obtain the maximum score. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the Gresb Materiality & Scoring Tool.

1.8 points , G

This indicator is scored as a One Section Indicator. Evidence is not required. Fractional points are awarded depending on the participant selecting the issues deemed material by the GRESB Materiality Assessment (see output in RC7 which will automatically populate once the indicators RC3 and RC7 of the Asset Assessment have been fully completed). It is therefore not necessary to select all checkboxes to receive maximum points. Fractional points are then aggregated to calculate the indicator’s final score.

Other:Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Materiality-based scoring: This indicator applies materiality-based scoring. Specific materiality weightings are assigned to the entity for each ESG issue in the GRESB Materiality Assessment indicator (RC7). The weightings are set at one of four levels for each of the ESG issues: No Relevance, Low Relevance, Medium Relevance, and High Relevance. Where an issue is of 'No relevance' or ‘Low relevance’ then the issue is not considered in scoring (i.e. there is no impact on score whether or not the issue is addressed). If an issue is of 'Medium relevance' then the issue counts towards the score with ‘medium’ weighting. If an issue is of 'High relevance' then the issue counts towards the score with ‘high’ weighting.

All issues of “Medium relevance” and “High relevance” need to be selected and addressed in the evidence to obtain the maximum score. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the Gresb Materiality & Scoring Tool.

Management: Stakeholder Engagement

This aspect consists of 6 indicators (7.15% of the GRESB Score - Infrastructure Asset)

Stakeholder Engagement

2019 Indicator

3.55 points , S

This indicator is scored as a One Section Indicator. Evidence is not required. Fractional points are awarded based on the selections of:

  • Employee engagement program elements.
  • Alignment of the program with third-party standards.
  • Stakeholder groups selected.

Other: Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Diminishing Increase in Score approach: As indicated by the blue line, some elements of this indicator are scored based on a Diminishing Increase in Score approach, per additional checkbox selected.

1.8 points , S

This indicator is scored as a One Section Indicator. Evidence is not required. Fractional points are awarded based on the selections of:

  • Supply chain engagement program elements.
  • Issues covered by the procurement process.
  • External parties to whom the program applies to.

Other: Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Diminishing Increase in Score approach: As indicated by the blue line, some elements of this indicator are scored based on a Diminishing Increase in Score approach, per additional checkbox selected.

1.8 points , S

This indicator is scored as a One Section Indicator. Evidence is not required. Fractional points are awarded based on the selections of:

  • Characteristic elements selected that are applicable to the grievances process.
  • Stakeholder to which the process applies to.

Other: Any ‘other’ answer provided will be manually validated and must be accepted before achieving the respective fractional score. If multiple ‘other’ answers are listed, more than one may be accepted in manual validation, but only one will be counted towards the score.

Diminishing Increase in Score approach: As indicated by the blue line, some elements of this indicator are scored based on a Diminishing Increase in Score approach, per additional checkbox selected.

Not scored , S

This indicator is not scored and is for reporting purposes only.

Performance: Implementation

This aspect consists of 3 indicators for reporting purposes only (0% of the GRESB Score - Infrastructure Asset)

Implementation

2019 Indicator

Not scored , E

This indicator is not scored and is for reporting purposes only.

Not scored , S

This indicator is not scored and is for reporting purposes only.

Not scored , G

This indicator is not scored and is for reporting purposes only.

Performance: Output & Impact

This aspect consists of 1 indicator for reporting purposes only (0% of the GRESB Score - Infrastructure Asset)

Output & Impact

2019 Indicator

Not scored , G

This indicator is not scored and is for reporting purposes only.

Performance: Energy

This aspect consists of 1 indicator (3.4% of the GRESB Score - Infrastructure Asset)

Energy

2019 Indicator

Determined by materiality , E

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Energy’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green or orange is used for scoring:

  • For participants whose primary sector is ‘Power Generation x-Renewables’ or ‘Renewable Power’, only the “Total” metric in the Energy exported/sold table is scored, as indicated by orange shading of the cells.
  • For all other sectors, only the “Total” metric in the Energy consumed table is scored, as indicated by green shading of the cells.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Performance: Greenhouse Gas Emissions

This aspect consists of 1 indicator (3.4% of the GRESB Score - Infrastructure Asset)

Greenhouse Gas Emissions

2019 Indicator

Determined by materiality , E

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Greenhouse gas emissions’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green or orange is used for scoring:

  • For participants whose primary sector is ‘Renewable Power’, only the “Avoided emissions” metric in the Total greenhouse gas emissions table is scored, as indicated by orange shading of the cells.
  • For all other sectors, only the “Net GHG emissions (Scope 1 + 2)” metric in the Energy consumed table is scored, as indicated by green shading of the cells. The other cells shaded in green should be completed to obtain the reporting-year value for this metric.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of scope 2 emissions methodology, external data review, science-based targets and exceptions are not scored in 2020.

Performance: Air Pollution

This aspect consists of 1 indicator (3.4% of the GRESB Score - Infrastructure Asset)

Air Pollution

2019 Indicator

Determined by materiality , E

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Air pollution’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green is used for scoring. The only scored metric for Air Pollution is “Non-compliances”.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Performance: Water

This aspect consists of 2 indicators (6.8% of the GRESB Score - Infrastructure Asset)

Water

2019 Indicator

Determined by materiality , E

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Water inflows/withdrawal’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green is used for scoring. The only scored metric for Water inflows/withdrawals is “Total withdrawals”.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Determined by materiality , E

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Water outflows/discharge’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green is used for scoring. The only scored metric for Water outflows/discharges is “Total sensitive discharge”.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Performance: Waste

This aspect consists of 1 indicator (3.4% of the GRESB Score - Infrastructure Asset)

Waste

2019 Indicator

Determined by materiality , E

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Waste’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green is used for scoring. The only scored metric for Waste is “Total diverted from landfill/incineration”.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Performance: Biodiversity & Habitat

This aspect consists of 1 indicator (3.4% of the GRESB Score - Infrastructure Asset)

Biodiversity & Habitat

2019 Indicator

Determined by materiality , E

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Biodiversity & habitat’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green is used for scoring. The only scored metric for Biodiversity & habitat is “Net habitat gain”.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Performance: Health & Safety

This aspect consists of 4 indicator (13.6% of the GRESB Score - Infrastructure Asset)

Health & Safety

2019 Indicator

Determined by materiality , S

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Health and Safety: employees’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green is used for scoring. The scored metrics for Health & Safety: Employees are “Lost Time Injury Frequency Rate” and “Total Recordable Injury Frequency Rate”.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Determined by materiality , S

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Health and Safety: contractors’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green is used for scoring. The scored metrics for Health & Safety: Contractors are “Lost Time Injury Frequency Rate” and “Total Recordable Injury Frequency Rate”.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Determined by materiality , S

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Health and Safety: users’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green is used for scoring. The only scored metric for Health & Safety: Users is “Total recordable injuries”.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Determined by materiality , S

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Health and Safety: community’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored as a one-section indicator where evidence is optional. Only the metric in the performance table cells shaded in light green is used for scoring. The only scored metric for Health & Safety: Community is “Total recordable injuries”.

For the scored metric, all columns (“Reporting-year performance”, “Reporting-year target” and “Future-year target”) should be completed to obtain points as follows:

  • 60% of the indicator score will be based on the reporting of a value in “Reporting-year performance”.
  • 20% of the indicator score will be based on the reporting of a target in “Reporting-year target”. For 2020, scoring is based on whether a target was set, not on whether the target was achieved.
  • 20% of the indicator score will be based on the reporting of a target in “Future-year target”. For 2020, scoring will be based on whether a target was set, not on whether the entity is on track to achieve the target.

Reporting of external data review and exceptions are not scored in 2020.

Performance: Employees

This aspect consists of 2 indicator (6.8% of the GRESB Score - Infrastructure Asset)

Employees

2019 Indicator

Determined by materiality , S

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Employee engagement’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator comprises two equally weighted parts, each scored like one-section indicators (i.e. Section 1: 'Elements' response). Each part is scored based on the selected options and suboptions.

For the first part of the indicator, Employee training, fractional scores are awarded for whether the training covers Environmental, Social and/or Governance issues. All three must be covered to achieve the full score for this part.

The second part of the indicator, Employee satisfaction monitoring, has two elements that are scored - employee satisfaction survey (fractionally ⅔ of this part) and using quantitative metrics within the survey (⅓). It is not necessary to select all options to achieve the maximum score. For the employee satisfaction survey, full fractional score is obtained if the survey is undertaken by an independent third party versus internally. In regard to quantitative metrics (in the survey) full fractional score is obtained for using Net Promoter Score, with lesser score for other metrics.

Reporting of exceptions is not scored in 2020.

Determined by materiality , S

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Inclusion and diversity’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool

Scoring of Metrics: This indicator is scored as a one-section indicator (i.e. Section 1: 'Elements' response). Points are awarded depending on providing information for the scored metrics.

Two options are scored:

  • Gender ratio of governance bodies
  • Gender ratio of all employees

For each provided metric, 1/2 points are provided. Entities can therefore only obtain maximum points for this indicator if they provide values for both metrics.

Reporting of exceptions is not scored in 2020.

Performance: Customers

This aspect consists of 1 indicator (3.4% of the GRESB Score - Infrastructure Asset)

Customers

2019 Indicator

Determined by materiality , S

Materiality-based Scoring: This indicator applies materiality-based scoring. The materiality weighting for this indicator is determined by the materiality level of the ‘Customer satisfaction’ issue in the GRESB Materiality Assessment (RC7).

Where this issue is of ‘High’ relevance, this indicator will be weighted highly and where this issue is of ‘Medium’ relevance, it will be weighted moderately. If materiality for this issue is set at ‘No’ or ‘Low’ relevance for the entity, this indicator will not be scored. As a result, the weight of this indicator may differ for each participant based on its materiality profile. The weighting of the material (scored) indicators in the Performance Component is automatically redistributed to ensure that the Component retains its overall weighting of 50% of the Asset Assessment. For more details refer to the section on Materiality Based Scoring in this Reference Guide or download the GRESB Materiality & Scoring Tool.

Scoring of Metrics: This indicator is scored like a one-section indicator (i.e. Section 1: 'Elements' response), with the score depending on the selected options and suboptions.

There are two elements that are scored - customer satisfaction survey (fractionally ⅔ of the total score) and using quantitative metrics within the survey (⅓). It is not necessary to select all options to achieve the maximum score. For the customer satisfaction survey, full fractional score is obtained if the survey is undertaken by an independent third party versus internally. In regard to quantitative metrics (in the survey) full fractional score is obtained for using Net Promoter Score, with lesser score for other metrics.

Reporting of exceptions is not scored in 2020.

Performance: Certifications & Awards

This aspect consists of 2 indicators (2.5% of the GRESB Score - Infrastructure Asset)

Certifications and Awards

2019 Indicator

2.4 points , G

This indicator is not subject to materiality-based scoring.

Supporting evidence is mandatory to obtain points. Your answer will not be scored unless the hyperlink and/or the uploaded document is considered valid. The evidence piece itself is not subject to manual validation. Maximum points are awarded when a participant completes the table for at least one certification.

Not scored , G

This indicator is not scored and is for reporting purposes only.

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